SOLD 07/27/2023
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Commercial sold for $6,100,000 in 38 days
901 Granada St Belmont, CA, 94002
Off the market Other
901 Granada Street is an attractive two-story 18-unit multifamily building located in the desirable submarket of Belmont. The property consists of (16) generously sized 1+1 units ranging from 625-670 sq. ft. and (2) Jr. 1+1 units which are approximately 450 sq. ft each. 12 of the 18 units demonstrate varying levels of upgrades such as stone countertops and shaker-style cabinetry, updated flooring, and five units have in-wall A/C units. The well-maintained property is securitized, has 1:1 carport parking with storage lockers, double-pane windows, and copper plumbing. Tenants benefit from the property's close proximity to "daily needs" retail of Downtown Belmont, Belmont Caltrain Station, highly ranked Belmont-Redwood Shores School District, Twin Pines Park, Highway 101, and the diverse employment centers of the Peninsula. Nearby leasing activity demonstrates credible rental upside potential to achieve improved financial performance.
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Property details
12,924 sqft interior area
Land area
18,644 sqft (0.43 acres)
Address
901 Granada St, Belmont, CA, 94002
City of California
Belmont
County
San Mateo
Year Built
1961
District
Homeview/sterling Downs
Nearby major retailers
Costco
CVS Pharmacy
Pet Food Express
See's Candies
Supercuts
Verizon Wireless
Petco
Trader Joe's
GNC
Zumiez
GameStop
Apple Store
Ross
7-Eleven
Dollar Tree
AT&T
MetroPCS
Kohl's
T-Mobile
Public Storage
Walgreens
The Home Depot
Ace Hardware
Marshalls
Safeway
NAPA Auto Parts
Macy's
Nordstrom
Jiffy Lube
Kmart
Lexus
AutoZone
Whole Foods Market
O'Reilly Auto Parts
Rite Aid
TJ Maxx
Wholesale: 2
Chemist: 4
Pet: 5
Confectionery: 2
Hairdresser: 3
Mobile phone: 12
Supermarket: 10
Nutrition supplements: 3
Clothes: 1
Video games: 4
Electronics: 1
Department store: 9
Convenience: 7
Variety store: 3
Storage rental: 19
Do it yourself: 3
Car repair: 3
Car: 1
Car parts: 2
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Interior Features
Laminate, Tile floors
Roof
Shingle
Floor Covering
Laminate, Tile
Garage & Parking
Covered, Assigned
Appliances
Refrigerator
Listed by
Joel Hopman, Newmark Cornish & Carey
Name
Joel Hopman
License number
01934574
Brokerage company
Newmark Cornish & Carey
MLS #
ML81932411
Buyer agent
Name
Joel Hopman
Brokerage company
Newmark Cornish & Carey
Payment calculator
Calculate your monthly payments
Mortgage
$18,729
Taxes
$0
HOA dues
$0
Mortgage
$1,220,000 / 20%
2.28%
30 years
Your amount
$18,729 / month
Lot details
TMK #040312130
Parcel nr.
040312130
94002 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94002
46%
Families with children
National average: 39%
31%
Non family households
237,230
Population
$184,921
Average Income
Age & gender
Median age 40 years
More info
Commute types
81% commute by car
More info
Education level
33% have bachelor education
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Number of employees
4% work in management
More info
Vehicles available
43% have 2 vehicle
More info
Vehicles by gender
43% have 2 vehicle
More info
Housing market insights for
$1.89m
Neighborhood average
sales price*
sales price*
$1.81m
Neighborhood median
sales price*
sales price*
435
Number
of sales*
of sales*
Housing type
52% are single detacheds
More info
Rooms
34% of the houses have 4 or 5 rooms
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Bedrooms
57% have 2 or 3 bedrooms
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Owners vs Renters
62% are owners
More info
16.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Jul 27, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jul 27, 2023 | Sold | $6,100,000 | 0 | Public Record |
| Jul 27, 2023 | Price Decrease | $6,100,000 -6.15% | 0 | MLS #ML81932411 |
| Jul 18, 2023 | Pending | $6,500,000 | 0 | MLS #ML81932411 |
| Jun 20, 2023 | New Listing | $6,500,000 +39.78% | 0 | MLS #ML81932411 |
| Jun 30, 2014 | Sold | $4,650,000 | 0 | Public Record |
| Jun 30, 2014 | Price Increase | $4,650,000 +8.14% | 0 | MLS #ML81417807 |
| Jun 12, 2014 | Under contract | $4,300,000 | 0 | MLS #ML81417807 |
| May 21, 2014 | New Listing | $4,300,000 | 0 | MLS #ML81417807 |
Taxes of 901 Granada St, Belmont, CA, 94002
R400 zoning / MLS #ML81932411
Zoning
R400
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Frequently Asked Questions about 901 Granada St
What is 901 Granada St?
901 Granada St is a Commercial/Industrial propertywith 12,924 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
901 Granada St, Belmont, CA, 94002.
What comparable properties are nearby?
Comparable nearby commercial properties include 630 Masonic Way, 840 El Camino Real, 740 El Camino Real, 240 Harbor Blvd, 3223 Glendora Dr, 501 Howland St.
Based on information from the bridgeMLS as of 05-02-2024. 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.
Listing last updated on: Jul 28, 2023
Verhouse Last checked 2 minutes ago
The closest grocery stores are Namaste Plaza Supermarket, 0.26 miles away and Safeway, 0.34 miles away.
The 94002 zip area has a population of 237,230, and 46% of the families have children. The median age is 40.4 years and 81% commute by car. The most popular housing type is "single detached" and 62% is owner.
