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  • For sale

For Sale

$13,320,000 USD

• First Time on Market in Almost 25 Years. Asset has Been In
Same Family for 2 Generations
• Once in a Lifetime Opportunity to Acquire an Irreplaceable,
Trophy, Generational Asset
• Impeccably Maintained, Pride-of-Ownership Property With
Oversized Units PLUS Unobstructed Views of Belmont Hills &
SF Peninsula
• Large Units Offer Tremendous Potential for Additional Value-Add
(such as In-Unit Washer/Dryers), Repositioning, and Rent Growth
• Excellent Unit Mix: Fifteen (15) Total 2 BR/2 BA: Including Six (6)
X-LARGE 2 BR/2 BA (1,137 SF), Nine (9) LARGE 2 BR/1 BA (1,056
SF), plus Nine (9) 1 BR/1 BA (742 SF)
• Multi-Purpose Room (557 SF) Next to Backyard Can Be
Converted Into 25th Unit as an Additional Studio/1 BA Unit, or
Onsite Gym, or Recreational Room
• Ownership Extensively Renovated Numerous Units Before &
During COVID / Maintained Rent Integrity and Consistency and
Low Vacancy Throughout COVID
• Excellent Belmont Public Schools (K-12) Appeal to Single or
Dual-Income Professionals, Cou