Multifamily

1101 Tilton Ave

1101 Tilton Ave, San Mateo, CA 94401

Listing Price: $5,600,000

Cap Rate
4.51%
Number of Units
12
Price/Unit
$466,667
Price/Gross SF
$942.76
Gross SF
5,940

Investment Overview

Marcus & Millichap is pleased to exclusively represent the ownership of 1101 Tilton Ave., San Mateo, CA. The 12-unit property was constructed in 1954 and has a 5,940 square-foot living space. Current ownership has managed the property professionally for 23 years. The property has a premium San Mateo location in the North Central area. The location is a short walk from downtown San Mateo. The property is within a five minute drive of College of San Mateo, Highway 101, San Mateo Medical Center & Hillsdale Shopping Center. San Mateo is located within the Mid-Peninsula and offers commuters easy access to Highway 101, State Route 92 (San Mateo Bridge) and Highway 280. These vital roadways provide access to major employment centers in San Francisco, Silicon Valley and East Bay.

Investment Highlights

  • Premium rents
  • Prime San Mateo location
  • Well-managed property

Exclusively Listed By

Listing Price: $5,600,000

Cap Rate
4.51%
Number of Units
12
Price/Unit
$466,667
Price/Gross SF
$942.76
Gross SF
5,940

Investment Highlights

  • Premium rents
  • Prime San Mateo location
  • Well-managed property

Investment Overview

Marcus & Millichap is pleased to exclusively represent the ownership of 1101 Tilton Ave., San Mateo, CA. The 12-unit property was constructed in 1954 and has a 5,940 square-foot living space. Current ownership has managed the property professionally for 23 years. The property has a premium San Mateo location in the North Central area. The location is a short walk from downtown San Mateo. The property is within a five minute drive of College of San Mateo, Highway 101, San Mateo Medical Center & Hillsdale Shopping Center. San Mateo is located within the Mid-Peninsula and offers commuters easy access to Highway 101, State Route 92 (San Mateo Bridge) and Highway 280. These vital roadways provide access to major employment centers in San Francisco, Silicon Valley and East Bay.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower