Investment Highlights

  • Pride of Ownership 6-Unit Apartment Building in highly desirable San Carlos Hills
  • Outstanding Unit Mix: (4) Large 1,050 SF Two-Bedroom / Two Bath Units & (2) Studios
  • The 2+2 units have been fully renovated with a high-end remodels including a washer/dryer combo in each kitchen
  • True Turnkey asset with no deferred maintenance
  • Private balconies and patio areas
  • Dual pane windows throughout
  • Tenants in the Studio units use the on-site laundry facility (machines are owned by Landlord)
  • Newer circuit breaker electrical system on main and subpanels
  • 5 tuckunder carport spaces – 1 covered parking spot – 1 open parking spot
  • Significant add-value opportunity by converting parking into ADU (Accessory Dwelling Unit)

Location Highlights

  • Outstanding location in prestigious San Carlos Hills
  • Surrounded by nice apartment buildings, luxury condominiums and high-end single-family homes
  • Adjacent to attractive Highlands Park offering lighted tennis & pickleball courts, soccer, baseball and softball
  • Numerous local parks, outdoor activities, and hiking and biking trails
  • Close proximity to all the cultural, dining & shopping amenities of downtown San Carlos
  • Strategically positioned near many of the Bay Area’s largest employers and most popular attractions
  • Extremely strong rental market with high tenant demand
  • Excellent San Carlos School District feeding into Heather Elementary, Tierra Linda Middle and Carlmont High
  • Easy access to Interstate 280 and Highways 101, 92 & 82 and San Carlos Caltrain Station
  • Located in the middle of Silicon Valley equidistant to San Francisco and San Jose