$2,980,000
characters 1504 S Claremont St is an exceptional 8-unit apartment community in the thriving city of San Mateo, California. Situated on a 10,638 square foot parcel, the property was constructed in 1959 and has a gross building area of approximately 5,911 square feet, offering 100% beautifully designed one-bedroom floor plans. San Mateo, strategically located between San Francisco and San Jose, offers an ideal climate and a robust community. The city features a vibrant business and retail environment, including North El Camino Real, Hillsdale Shopping Center, and San Mateo Medical Center. 1504 S Claremont St is within walking distance to Downtown San Mateo (1 mi) with diverse retail, dining, and entertainment, and is close to major transportation corridors, including U.S. Route 101, California State Route 92, and the San Mateo Caltrain Station, providing access to top tech employers like Google, Facebook, Stanford, Box Inc., Visa, and Sony. With strong employment fundamentals and low vacancy, 1504 S Claremont St is an attractive investment due to its prime location near employers, transportation, shopping, dining, and entertainment.
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Listed by Adam S. Levin with Marcus & Millichap (650) 391-1700
Property Type
Commercial Sale
Status
Active
MLS Number
ML82037599
Year Built
1959
Lot Size
10,633 sq ft