CA
San Mateo
BELMONT
94002
2200 Village Court
2200 Village Court, BELMONT, CA 94002
Share Listing
Listing Type
Multi Family
Listing Status
active
45
$10,150,000

Home Details for 2200 Village Court

Price
$10,150,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
24785
Year built
1965
Lot size acres
0.5317
County
San Mateo
Garage
Days on site
64
MLS Listing#
ML82015448
Listed By: Colliers Parrish International, Inc. - 408-282-3800
Presented by: Don Sung
Property Description

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: 4.11% / Pro-Forma CAP Rate: 5.0%. In-Place GRM: 15 / Pro-Forma GRM: 13.3. CAP Rate (w/ 5 ADU's): 5.97% / GRM (w/ 5 ADU's): 11. Cost/SF: $410/SF

Property Features
  • Parking
    • Carport
    • Assigned
  • Cooling Information
    • None
  • Heating Information
    • Electric
  • Water Features
    • Public
  • House Interior
    • Elevator
School Information
School Information for 2200 Village Court, BELMONT, CA 94002
Elementary School
N/A
Middle School
N/A
High School
Carlmont High
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Based on information from the MLSListings MLS. 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. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-09-02 00:30:31
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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