1101 Tilton Avenue, San Mateo, CA 94401

$4,998,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$4,998,000
Status
ACTIVE
MLS#
ML82058562
Year Built
1954
Lot Size
8,565
Acres
0.20
Days on Market
21
Property Type
Commercial

Property Description

1101 Tilton Ave is a stunning 12-unit apartment community located in the thriving city of San Mateo, California. Situated on a 8,562 square foot parcel of land, the subject property was originally constructed in 1954 and has a gross building area of approximately 7,756 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. 1101 Tilton Ave is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of high-end shopping, dining and entertainment options. The subject property is also located within close proximity to the major transportation corridors of U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and the major thoroughfare of El Camino Real. 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.

Additional Information

Taxes
$69,360
Cooling
Yes
Cooling Description
None
Roof
Shingle
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$371,520

Listing courtesy of Listing Agent: Cole Simpson (cole.simpson@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.