901 Hill Street

Belmont, CA 94002

$4,150,000
Last Sold Price
Beds
8,539 Sq. Ft.
$486 / Sq. Ft.
8,539
Sq. Ft.
$486
per Sq. Ft.

Description

8 Quality Apartment Units in Desirable Belmont location West of El Camino Real and 1 Block from Ralston Avenue. Unit mix consists of (1) 2 Bedroom 2 Bath Unit, (1) 2 Bedroom 1 Bath Unit and (6) 1 Bedroom 1 Bath Units. Spacious and desirable floor plans. All 8 unit interiors were very nicely remodeled between approximately 2016-2021. In addition to kitchen and bathroom renovations, remodeling included recessed lighting and dual pane windows, dual pane sliding doors, new entry deck and stair railing...8 Quality Apartment Units in Desirable Belmont location West of El Camino Real and 1 Block from Ralston Avenue. Unit mix consists of (1) 2 Bedroom 2 Bath Unit, (1) 2 Bedroom 1 Bath Unit and (6) 1 Bedroom 1 Bath Units. Spacious and desirable floor plans. All 8 unit interiors were very nicely remodeled between approximately 2016-2021. In addition to kitchen and bathroom renovations, remodeling included recessed lighting and dual pane windows, dual pane sliding doors, new entry deck and stair railing and the installation of In-Unit stacked Washer and Dryer in both 2 Bedroom units and one of the 1 Bedroom units. Two units (both 1 bedroom units) have backyards and all other units have a balcony. 5 of the 6 - 1 bedroom units feature two sinks in the bathroom. The 2 BR 2 BA Unit has a skylight in the kitchen and a walk-in closet in the master bedroom. Close proximity to Downtown Belmont, Belmont Caltrain Station, Twin Pines Park, Safeway, restaurants, Highway 101 & diverse employment centers.
  1. Listed by Keith Suddjian • DRE #00673961 • Brokerage DRE #00586119 • Cornish & Carey Commercial • 415-699-2888
  2. Listed by Joel Hopman • DRE #01934574 • Brokerage DRE #00586119 • Newmark Cornish & Carey

Property Details for 901 Hill Street

MLS City Name
BELMONT
Building Type
Other
Garage Spaces
0
Parking Spaces
1
Cross Street
Gordon Avenue

Location

Listing Courtesy of Cornish & Carey Commercial, Keith Suddjian, DRE #00673961; Newmark Cornish & Carey, Joel Hopman, DRE #01934574

Sold By Compass, Ivan Leung, DRE #01118120

Add your commute
LISTING UPDATED: 08/10/2022 11:28 AM

Property Details for 901 Hill Street

StatusSold
MLS #ML81892789
Days on Compass11
Taxes$55,016 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1961
Lot Size0.19 AC / 8,448 SF
CountySan Mateo County

Location

Listing Courtesy of Cornish & Carey Commercial, Keith Suddjian, DRE #00673961; Newmark Cornish & Carey, Joel Hopman, DRE #01934574

Sold By Compass, Ivan Leung, DRE #01118120

Add your commute

Building Information for 901 Hill Street

Stories-Residences-Year Built1961Building Size-Lot Size0.19 AC / 8,448 SF

Payment Calculator

$27,233 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,648

Property Taxes

$4,585

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 901 Hill Street

Features
Features
  • Fireplace: No
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 8539
  • Pool: No
  • Security Features: Fire Alarm
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air, Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 8
Garage
  • Garage and Parking: Carport, Uncovered Parking
Property Details
Homeowners Association
  • HOA Amenities: Additional Storage, Common Utility Room
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 8
  • Area Text: Belmont Country Club Etc.
  • Restrictions: None
  • Roof: Composition, Shingle
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 901
  • Street Name: Hill
  • Street Suffix: Street
  • Area ID: 362
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 8539
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Zoning Detail: Village Core
Location Information
  • City Limits: Yes
  • Parcel Number: 045-163-150
  • County Name: San Mateo
  • City Name: BELMONT
  • City Postal ID: 4
  • Postal Code: 94002
  • Elementary School: 618
  • Elementary School District: 921
  • Middle School Text: Ralston Intermediate
  • High School District Text: Sequoia Union High
  • High School Text: Carlmont High
Lot Information
  • Foundation: Concrete Perimeter, Other
  • Lot Acres: .19
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio
Multi Family Information
General Information
  • Annual Tax Amount: $55,016
  • Capitalization Rate: 3.54
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 4
Income / Expense Details
  • Expense Insurance: $4,095
  • Expense Landscape: $3,760
  • Expense Maintenance: $6,400
  • Expense Management: $12,256
  • Expense Trash: $5,674
  • Expenses Other: $4,048
  • Expenses Utility: $6,816
  • Expenses Total: $98,065
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Miscellaneous/Other, Reserve Fund, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 16.26
  • Income Annual Gross: $245,066
  • Income Annual Rental: $253,777
  • Income Gross Scheduled: $255,277
  • Income Other: $1,500
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,150
Unit 2 Information
  • Unit 2 Approx Square Footage: 855
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,823
Unit 3 Information
  • Unit 3 Approx Square Footage: 675
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,395
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Approx SqFt: 970
  • Unit Type1 Units Total: 1
Unit Type 2
  • Unit Type2 Units Total: 1
Unit Type 3
  • Unit Type3 Units Total: 6
Listing Info
Rental Info
  • Lease Type: Net

Property History for 901 Hill Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 901 Hill Street

Taxable ValueLand$2,600,000Additions$1,550,000Total$4,150,000
Tax Record2023$56,488 ($4,707 / month)
Home Facts
Baths9Total Finished SqFt8,539 SqFtAbove Grade Finished SqFt8,539 SqFtStories3Lot Size8,448 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountySAN MATEOAPN045-163-150

Schools near 901 Hill Street

This home is within Belmont-Redwood Shores Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Nesbit Elementary School
PublicK to 8

Ralston Intermediate School
Public6 to 8

Carlmont High School
Public9 to 12

Central 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.

Similar Homes

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Similar Sold 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 Cornish & Carey Commercial, Keith Suddjian, DRE #00673961; Newmark Cornish & Carey, Joel Hopman, DRE #01934574

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.