SOLD 02/23/2024
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Commercial sold for $2,000,000 in 47 days
924 Academy Ave Belmont, CA, 94002
Off the market Other
Located in a desirable neighborhood walking distance to Carlmont Shopping Center and Safeway, featuring a number of diverse retail shops, restaurants and entertainment options. Moments from Belmont Library, churches and private schools. Easy access to SanTrans Bus transportation, plus 101, 92 and 280 for commute to SF and Silicon Valley. This property is a great opportunity for an investor to own or to create a generational legacy in the San Francisco Bay Area. This 5 Unit Apartment Building is situated on a 5,000 square foot lot, constructed in 1963 and has been meticulously maintained over the ownership period. This property offers tenants strong floor plans with lots of natural light, 2 of the units with newly renovated kitchens and updates. Managers 2 Bedroom, 1 Bath Unit on ground level. Second Floor with 4 One Bedroom Units. Covered Carport with 5 separate parking spaces, each with a storage cabinet. One car enclosed garage. Laundry Area with washer and dryer near common area. This wonderful opportunity is rarely found on the open public. Do No Miss.
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Property details
4,270 sqft interior area
Land area
5,000 sqft (0.11 acres)
Address
924 Academy Ave, Belmont, CA, 94002
City of California
Belmont
County
San Mateo
Year Built
1963
District
Listing
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: 17
Do it yourself: 3
Car repair: 3
Car: 1
Car parts: 2
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Interior Features
Laminate floors
Roof
Shingle
Floor Covering
Laminate
Garage & Parking
Attached, Enclosed, Assigned
Appliances
Refrigerator
Listed by
John Reese, Intero Real Estate Services
Name
John Reese
License number
00838479
Brokerage company
Intero Real Estate Services
MLS #
ML81950792
Buyer agent
Name
Gregory Agosti
Brokerage company
Intero Real Estate Services
Payment calculator
Calculate your monthly payments
Mortgage
$6,141
Taxes
$0
HOA dues
$0
Mortgage
$400,000 / 20%
2.28%
30 years
Your amount
$6,141 / month
Lot details
TMK #044303160
Parcel nr.
044303160
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
203,231
Population
$197,018
Average Income
Age & gender
Median age 40 years
More info
Commute types
81% commute by car
More info
Education level
33% have bachelor education
More info
Number of employees
5% work in management
More info
Vehicles available
44% have 2 vehicle
More info
Vehicles by gender
44% have 2 vehicle
More info
Housing market insights for
$1.97m
Neighborhood average
sales price*
sales price*
$1.93m
Neighborhood median
sales price*
sales price*
368
Number
of sales*
of sales*
Housing type
55% are single detacheds
More info
Rooms
33% of the houses have 4 or 5 rooms
More info
Bedrooms
58% have 2 or 3 bedrooms
More info
Owners vs Renters
63% are owners
More info
9.33 / 20
Below Average
►
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 Feb 23, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 23, 2024 | Sold | $2,000,000 | 0 | Public Record |
| Feb 23, 2024 | Price Increase | $2,000,000 +0.01% | 0 | MLS #ML81950792 |
| Jan 26, 2024 | Pending | $1,999,888 | 0 | MLS #ML81950792 |
| Jan 20, 2024 | For sale | $1,999,888 | 0 | MLS #ML81950792 |
| Jan 19, 2024 | Pending | $1,999,888 | 0 | MLS #ML81950792 |
| Jan 8, 2024 | New Listing | $1,999,888 | 0 | MLS #ML81950792 |
Taxes of 924 Academy Ave, Belmont, CA, 94002
R1C zoning / MLS #ML81950792
Zoning
R1C
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Frequently Asked Questions about 924 Academy Ave
What is 924 Academy Ave?
924 Academy Ave is a Commercial/Industrial propertywith 4,270 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
924 Academy Ave, Belmont, CA, 94002.
What comparable properties are nearby?
Comparable nearby commercial properties include 1620 San Carlos Ave, 1175 Greenwood Ave, 1239 Laurel St, 1216 El Camino Real, 1305 S Railroad Ave, 1022 E 4th Ave.
Based on information from the bridgeMLS as of 05-03-2024. 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: Feb 25, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Safeway, 0.16 miles away and Lunardi's, 0.16 miles away.
The 94002 zip area has a population of 203,231, and 46% of the families have children. The median age is 40.5 years and 81% commute by car. The most popular housing type is "single detached" and 63% is owner.
