328 Torino Drive

San Carlos, CA 94070

$2,400,000
Last Sold Price
Beds
4,090 Sq. Ft.
$587 / Sq. Ft.
4,090
Sq. Ft.
$587
per Sq. Ft.

Description

328 Torino Drive is a very attractive four unit multi family building located in the desirable San Carlos Hills. Sitting on a 6,011 sq ft lot this property consists of 4 units; the unit mix is (2) two bedroom one bath units and (2) one bedroom one bath units. Three of the four units have been beautifully updated. Each unit has their own private garage with remote and additional storage. Fifth garage is owners and has access to laundry room; machines are owned, not leased. Each unit has forced air...328 Torino Drive is a very attractive four unit multi family building located in the desirable San Carlos Hills. Sitting on a 6,011 sq ft lot this property consists of 4 units; the unit mix is (2) two bedroom one bath units and (2) one bedroom one bath units. Three of the four units have been beautifully updated. Each unit has their own private garage with remote and additional storage. Fifth garage is owners and has access to laundry room; machines are owned, not leased. Each unit has forced air heat and all three upstairs units have private balconies. There is also a common patio/barbecue area on east side of property. Separately metered for gas & electricity, dual pane windows and newer roof are all assets of this property. Tenants love this quiet San Carlos Hills location which is centrally positioned on the Peninsula between San Francisco and Silicon Valley.

Listing Agent

  1. Tom Fanucchi

    Tom Fanucchi

    Listing Agent

    Compass

    DRE #00657467

Property Details for 328 Torino Drive

MLS City Name
SAN CARLOS
Building Type
FOURPLEX
Garage Spaces
5
Parking Spaces
1
View
Greenbelt, Mountains
Cross Street
Melendy Dr
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LISTING UPDATED: 07/08/2022 07:55 PM

Property Details for 328 Torino Drive

StatusSold
MLS #ML81881815
Days on Compass65
Taxes$27,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1960
Lot Size0.14 AC / 6,011 SF
CountySan Mateo County
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Building Information for 328 Torino Drive

Stories2Residences4Year Built1960Building Size-Lot Size0.14 AC / 6,011 SF

Payment Calculator

$15,348 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$2,250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 328 Torino Drive

Features
Room Information
  • Kitchen: Countertop - Formica, Countertop - Stone, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 4090
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Attached Garage, Gate / Door Opener
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Beverly Terrace Etc.
  • Roof: Polyurethane
  • Stories: 2.0
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 328
  • Street Name: Torino
  • Street Suffix: Drive
  • Area ID: 351
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4090
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: R4
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 050-171-100
  • County Name: San Mateo
  • City Name: SAN CARLOS
  • City Postal ID: 56
  • Postal Code: 94070
  • Elementary School District: 937
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .14
  • Lot Description: Grade - Sloped Up
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Deck , Sprinklers - Auto
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
General Information
  • Annual Tax Amount: $27,000
  • Building Unit Total: 4
  • Capitalization Rate: 2.83
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,050
  • Expense Landscape: $1,680
  • Expense Maintenance: $3,000
  • Expense Management: $0
  • Expense Trash: $1,700
  • Expenses Other: $500
  • Expenses Utility: $2,300
  • Expenses Total: $39,230
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 22.02
  • Income Annual Gross: $110,047
  • Income Annual Rental: $112,750
  • Income Gross Scheduled: $113,450
  • Income Other: $700
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,295
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,100
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,500
Listing Info
Rental Info
  • Lease Type: Net

Property History for 328 Torino Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 328 Torino Drive

Taxable ValueLand$1,700,000Additions$700,000Total$2,400,000
Tax Record2023$31,799 ($2,650 / month)
Home Facts
Baths4Total Finished SqFt4,090 SqFtAbove Grade Finished SqFt4,090 SqFtStories2Lot Size6,011 SqFtStyleQuadraplexYear Built1960CountySAN MATEOAPN050-171-100

Schools near 328 Torino Drive

This home is within San Carlos Elementary School District.
Rating
School
Type
Grades
Distance
Charter - K to 3
Charter - 6 to 8
Public - 9 to 12
Public - 4 to 5
Rating
School
Distance
Heather Elementary School
CharterK to 3

Tierra Linda Middle School
Charter6 to 8

Carlmont High School
Public9 to 12

Arroyo
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Tom Fanucchi, DRE #00657467

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.