429 Studio Circle
429 Studio Circle
$3,700,000
—
6,358
6,358
$582
Sold 8/11/21
Description
429 Studio Circle offers an investor the opportunity to acquire a fully renovated apartment property with extensive interior and exterior renovations. Studio Circle sits on a 7,564 SF lot with 6,358 SF of rentable space. The building consists of (2) two bedroom/ one bath units & (5) one bedroom/ one bath units. All units benefit from significant interior upgrades including: In-Unit Washers & Dryers, Updated Kitchens w/ new counters, cabinets, modern backsplash & appliances, renovated Baths, New LVT...429 Studio Circle offers an investor the opportunity to acquire a fully renovated apartment property with extensive interior and exterior renovations. Studio Circle sits on a 7,564 SF lot with 6,358 SF of rentable space. The building consists of (2) two bedroom/ one bath units & (5) one bedroom/ one bath units. All units benefit from significant interior upgrades including: In-Unit Washers & Dryers, Updated Kitchens w/ new counters, cabinets, modern backsplash & appliances, renovated Baths, New LVT flooring and interior paint. Tenants enjoy private yards or balconies, extra storage space and carport parking (2 garage spaces). The property also benefits from a brand new roof and dual pane windows throughout. The current owners have spent significant capital and have achieved top of the market rents allowing a new landlord to acquire a true turnkey investment. The building is equidistant to downtown Burlingame & San Mateo & .7 miles from Washington Park and Bgame Cal Train Station.
- Listed by Steve Zirelli • DRE #01929245 • Brokerage DRE #00586119 • Cornish & Carey Commercial • 650-224-3118
- Listed by Matthew Thomson • DRE #01471708 • Brokerage DRE #00586119 • Newmark Cornish & Carey
Property Details for 429 Studio Circle
MLS City Name
SAN MATEO
Building TypeOther
Garage Spaces2
Parking Spaces0
Location
LISTING UPDATED: 08/11/2021 09:57 AM
Property Details for 429 Studio Circle
Status | Sold |
---|---|
MLS # | ML81825919 |
Days on Compass | 158 |
Taxes | $53,983 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1962 |
Lot Size | 0.17 AC / 7,564 SF |
County | San Mateo County |
Location
Building Information for 429 Studio Circle
Stories-Residences-Year Built1962Building Size-Lot Size0.17 AC / 7,564 SF
Payment Calculator
$24,691 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 429 Studio Circle
Property History for 429 Studio Circle
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 429 Studio Circle
Taxable ValueLand$2,142,000Additions$1,632,000Total$3,774,000
Tax Record2023$52,427 ($4,369 / month)
Home Facts
Baths7Total Finished SqFt6,358 SqFtAbove Grade Finished SqFt6,358 SqFtStories2Lot Size7,564 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountySAN MATEOAPN032-135-020
Schools near 429 Studio Circle
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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