333 Catalpa Street
333 Catalpa Street
$4,475,000
1
1
9,378
9,378
$477
Closed 7/28/21
Description
333 Catalpa Street is a rare opportunity to acquire a turnkey, updated and well-maintained multifamily property located in Downtown San Mateo on the highly desirable San Francisco Peninsula. The ten (10) unit apartment building, consisting of all one-bedroom-one-bathroom units. The property features ten (10) covered parking spaces, fourteen (14) private storage lockers, and a laundry facility featuring Two (2) coin-operated washers & dryers. The property has a strong historical occupancy with many...333 Catalpa Street is a rare opportunity to acquire a turnkey, updated and well-maintained multifamily property located in Downtown San Mateo on the highly desirable San Francisco Peninsula. The ten (10) unit apartment building, consisting of all one-bedroom-one-bathroom units. The property features ten (10) covered parking spaces, fourteen (14) private storage lockers, and a laundry facility featuring Two (2) coin-operated washers & dryers. The property has a strong historical occupancy with many great long-term Tenants (10-15+ years). Since the beginning of the COVID-19 pandemic, the property has received 100% rent collections, and has had zero vacancies. The current ownership has been invested significant capital into the proper-ty over the last 2-3 years which has proven successful based on their ability to increase rents on 100% of the units while retaining long-term tenants. 333 Catalpa is located just a 2-minute walk to the San Mateo Caltrain station in Downtown San Mateo.
- Listed by Marshall P Ward • DRE #01919391 • Brokerage DRE #00662084 • Marcus & Millichap
Property Details for 333 Catalpa Street
Cross Street
N Ellsworth
Total Parking Spaces18
Location
LISTING UPDATED: 10/18/2023 03:13 PM
Property Details for 333 Catalpa Street
Status | Closed |
---|---|
MLS # | 421528609 |
Days on Compass | 91 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | COMM RI MULTI-UNITS 5+ / 5 or More Units |
Year Built | 1963 |
Lot Size | 0.25 AC / 10,903 SF |
County | San Mateo County |
Location
Building Information for 333 Catalpa Street
Stories-Residences-Year Built1963Building Size-Lot Size0.25 AC / 10,903 SF
Payment Calculator
$30,067 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 333 Catalpa Street
Property History for 333 Catalpa Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 333 Catalpa Street
Taxable ValueLand$2,499,000Additions$2,065,500Total$4,564,500
Tax Record2023$67,740 ($5,645 / month)
Home Facts
Baths1Total Finished SqFt9,378 SqFtAbove Grade Finished SqFt9,378 SqFtStories2Lot Size10,902 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountySAN MATEOAPN032-301-190
Schools near 333 Catalpa Street
This home is within San Mateo Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
San Mateo Park Elementary School PublicK to 5 | ||
Borel Middle School Public6 to 8 | ||
San Mateo High School Public9 to 12 | ||
College Park Elementary School PublicK 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.
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