Multifamily
1433 Jasmine St
1433 Jasmine St, San Mateo, CA 94402
Listing Price: $1,798,000
Investment Overview
1433 Jasmine St is a stunning 4-unit apartment community located in the thriving city of San Mateo, California.
Situated on a 5,000 square foot parcel of land, the subject property was originally constructed in 1952 and has a gross building area of approximately 3,004 square feet, offering its tenants beautifully designed one-bedroom floor plans.
San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center.
1433 Jasmine St is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of diverse retail shops, dining and entertainment options. The subject property is also located within close proximity to major transportation corridors including El Camino Real, U.S. Route 101, California State Route 92 and the San Mateo Caltrain Station. These transportation hubs provide tenants and residents with convenient access to San Francisco and San Jose and provides close proximity to many of the nation's top tech employers including Google, Facebook, Stanford, Box Inc., Visa, Sony as well as many others.
The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Peninsula, 1433 Jasmine St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
1433 Jasmine St
Investment Highlights
- Exceptional Value-Add Investment Opportunity - Investors have the opportunity to acquire an exceptional 4-unit multifamily asset in one of the most dynamic and desirable locations in San Mateo.
- Extensive Recent Capital Improvements – The subject property has undergone extensive capital improvements including upgraded electrical subpanels, new roof, sewer lateral replacement, and more.
- Desirable Neighborhood Location - The subject property is conveniently located in Hayward Park, a charming residential neighborhood characterized by tree lined streets.
- Close Proximity to Downtown San Mateo - The subject property lies approximately 1 mile from the San Mateo Caltrain Station and 5 blocks from Downtown San Mateo featuring a myriad of diverse retail shops, dining and entertainment options.
Exclusively Listed By
Listing Price: $1,798,000
Investment Highlights
- Exceptional Value-Add Investment Opportunity - Investors have the opportunity to acquire an exceptional 4-unit multifamily asset in one of the most dynamic and desirable locations in San Mateo.
- Extensive Recent Capital Improvements – The subject property has undergone extensive capital improvements including upgraded electrical subpanels, new roof, sewer lateral replacement, and more.
- Desirable Neighborhood Location - The subject property is conveniently located in Hayward Park, a charming residential neighborhood characterized by tree lined streets.
- Close Proximity to Downtown San Mateo - The subject property lies approximately 1 mile from the San Mateo Caltrain Station and 5 blocks from Downtown San Mateo featuring a myriad of diverse retail shops, dining and entertainment options.
Investment Overview
1433 Jasmine St is a stunning 4-unit apartment community located in the thriving city of San Mateo, California. Situated on a 5,000 square foot parcel of land, the subject property was originally constructed in 1952 and has a gross building area of approximately 3,004 square feet, offering its tenants beautifully designed one-bedroom floor plans. San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center. 1433 Jasmine St is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of diverse retail shops, dining and entertainment options. The subject property is also located within close proximity to major transportation corridors including El Camino Real, U.S. Route 101, California State Route 92 and the San Mateo Caltrain Station. These transportation hubs provide tenants and residents with convenient access to San Francisco and San Jose and provides close proximity to many of the nation's top tech employers including Google, Facebook, Stanford, Box Inc., Visa, Sony as well as many others. The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Peninsula, 1433 Jasmine St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Exclusively Listed By
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