$4,888,000 1926 Ivy St San Mateo, CA

MLS: ML81650811   Type: Multi-Family   County: San Mateo   City: San Mateo   Area: Fiesta Gardens Etc.   Zip: 94403  

Mortgage $22,948 /mo



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The Hedera, is a mid-century modern, 10-unit apartment in San Mateo. The entire property was completely renovated (with permits) over the past 12 months. Design elements and amenities were added to appeal to the young and tech savvy professionals with discerning tastes. The building features 10 junior 1 bedroom units. All units were completely remodeled including: new windows, luxury vinyl plank flooring, quartz countertops, stainless steel appliances, new kitchens, and new bathrooms. The building features high speed secure wifi for each unit, Nest thermostats, keyless door entry locks, common BBQ and patio area, secure bike racks, and new washers/dryers. Located less than a half mile from the Hayward Park Caltrain Station and the new 305,000 square foot Class A office development at 400 & 450 Concar Dr.. Software company Medalia has leased 210,000 square feet. Walk Score = 84. 3 units have been furnished and are renting for over $3,000/mo. Financials listed are actual.

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Price History

5/10/2017 Listed $4,888,000

Accessibility None
Age 60
Complex Name Text The Hedera
Number Of Buildings 1
Zoning Text Multi-Family

Interior Features

Cooling None
Heating Gas

Exterior Features

Foundation Concrete Perimeter, Concrete Slab
Garage Spaces 2
Meters Separate Electric, Separate Gas
Parking Features Attached Garage, Covered Parking
Parking Spaces 0
Pool (Y/N) 0
Roof Flat / Low Pitch
Sewer/Septic Sewer - Public
Water Public

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Gallery (43 photos)

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Property vs Zip Code Avg (94403)

Price 4.88M Avg 4.88M

Sqr Feet 5,710 Avg 5,710

Cost / Sqr Ft $856 Avg $856

Acres 0.19 Avg 0.19

Visits 10 Avg 11

Days on Site 45 Avg 45

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Listing Provided Courtesy Of: Steve Zirelli with Cornish & Carey Commercial.

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Location & Address

Barbagelata Real Estate

San Francisco, CA