This is a great Seven unit apartment building with a mix units from Two bedroom, One bedrooms and studios. There is a two car carport with plenty of open parking space for the other units. Unit B is currently vacant. Great location in the heart of Belmont's Business District. Steps from Safeway, City Hall, Police, Fire Department, Twin Pines Senior and Community Center, Walking Trails, and great shops and restaurants. Ground-floor units with ample parking and visibility.
Achieve $57,000/Month in Stable Rental Income from a Diversified, 23-Tenant, High-End Apartment in an A+ Location. What a Great Way to Retire and Achieve Reliable Cashflow + Value Appreciation + Tax Advantages (Depreciation). Rarely Available 23-Unit Asset in Highly Desirable Carlmont Village. Iconic, One-of-a-Kind Property w/ Panoramic Views. Coupon-Clipper, Easy to Manage w/ Excellent Tenants and Stable Cashflow. (14) LARGE 1 BR/1 BA Units (+/- 644 to 736 SF) and (9) SPACIOUS 2 BR/1 BA Units (+/- 875 to 883 SF). All 23 Units Feature Dishwashers, w/ Potential to Add In-Unit Washer/Dryers. Covered Carport Parking Spaces, Storage for Tenants and Top-to-Bottom Elevator Access. Convert +/- 2,565 SF of Enclosed Carport w/ 9' Ceilings to (5) 1 BR/1 BA or Studio ADU's. 5 ADU's: Achieve $11,250/Month (or $135,000/Yr) in Additional Gross Rental Income. Over $500,000 Cap. Ex. Invested: Dual-Pane Windows, Roof, Copper Plumbing, 800 AMP Square D Panel. Walk Score: 80, With Walkability to Carlmont Village. Quick Access to Freeways 280 and 101. In-Place CAP Rate: 4.12% / Pro-Forma CAP Rate: 5.02%. In-Place GRM: 14.6 / Pro-Forma GRM: 12.9. CAP Rate (w/ 5 ADU's): 5.97% / GRM (w/ 5 ADU's): 11. Cost/SF: $410/SF
In the heart of Belmont along busy El Camino Real, Mo's Deli & Caf offers an exceptional turnkey opportunity for an owner-operator or investor. Situated in a high-visibility retail corridor with strong foot and vehicle traffic, this established deli features a fully equipped commercial kitchen, prep area, and customer seating. Known for its loyal customer base Mo's benefits from excellent frontage, easy access, and convenient parking. This is a rare chance to take over with growth potential, and prime Belmont exposure. All equipment, fixtures, and branding included in the sale. Start operating from day onedon't miss this opportunity!
Courtesy: Compass
650-323-1111
This is a wonderful opportunity for either an owner user or an investor. This is a mixed use building which includes a home that fronts Middle Rd and a full service restaurant currently occupied by the building owner that fronts El Camino Real. The rents include projected rent of $8000/mo for the restaurant. The house is occupied by tenants who currently have a lease. The sale includes all of the restaurant kitchen equipment, and furnishings. The restaurant was put into the building in 2016- All of the kitchen equipment was new at that time. Note: the restaurant dishwasher is leased and not included with the sale. Do not go to the property without being accompanied by an agent with an appointment made in advance.
This is a wonderful opportunity for either an owner user or an investor. This is a mixed use building which includes a home that fronts Middle Rd and a full service restaurant currently occupied by the building owner that fronts El Camino Real. The rents include projected rent of $8000/mo for the restaurant. The house is occupied by tenants who currently have a lease. The sale includes all of the restaurant kitchen equipment, and furnishings. The restaurant was put into the building in 2016- All of the kitchen equipment was new at that time. Note: the restaurant dishwasher is leased and not included with the sale. Do not go to the property without being accompanied by an agent with an appointment made in advance.
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Belmont is located in California. Belmont, California has a population of 28,109. Belmont is more family-centric than the surrounding county with 44.26% of the households containing married families with children. The county average for households married with children is 35.93%.
The median household income in Belmont, California is $178,125. The median household income for the surrounding county is $136,837 compared to the national median of $69,021. The median age of people living in Belmont is 40.2 years.
The average high temperature in July is 80.4 degrees, with an average low temperature in January of 38.9 degrees. The average rainfall is approximately 26.8 inches per year, with 0 inches of snow per year.
