SOLD 01/29/2024
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Commercial sold for $2,700,000 in 85 days
1946 Ivy St San Mateo, CA, 94403
Off the market Other
SELLER FINANCED SALE! Ride Out the Current High Interest Rate Environment for the next Four Years and Assume a 4.25% INTEREST ONLY note with only 28% Percent Down Needed! Loan of $2,000,000 Must be Assumed and is Due on October of 2027. Strong In Place income of over $160K! Many Remodeled Units! New Commercial Water Heater, Great Tenants, 100% Occupied. 1946 Ivy Street is Located in a Prime San Mateo/Mid Peninsula Location on a Quiet Tree Lined Street Just South of Downtown. Must See to Appreciate! Seller Open to Wait for Buyer to Conduct 1031 Exchange.
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Property details
4,428 sqft interior area
Land area
5,700 sqft (0.13 acres)
Address
1946 Ivy St, San Mateo, CA, 94403
City of California
San Mateo
County
San Mateo
Year Built
1958
District
Listing
Nearby major retailers
Costco
Verizon Wireless
Petco
Trader Joe's
GNC
Supercuts
Zumiez
GameStop
See's Candies
Apple Store
Ross
7-Eleven
Dollar Tree
AT&T
T-Mobile
Public Storage
Walgreens
The Home Depot
Ace Hardware
Marshalls
Safeway
NAPA Auto Parts
Pet Food Express
CVS Pharmacy
Macy's
Nordstrom
Jiffy Lube
Whole Foods Market
TJ Maxx
Wholesale: 1
Mobile phone: 7
Pet: 4
Supermarket: 9
Nutrition supplements: 3
Hairdresser: 2
Clothes: 1
Video games: 3
Confectionery: 1
Electronics: 2
Department store: 6
Convenience: 5
Variety store: 2
Storage rental: 17
Chemist: 2
Do it yourself: 4
Car repair: 2
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Interior Features
—
Appliances
Refrigerator
Listed by
Neel Bhatia, Coldwell Banker Realty
Name
Neel Bhatia
License number
01464424
Brokerage company
Coldwell Banker Realty
MLS #
ML81947226
Buyer agent
Name
Neel Bhatia
Brokerage company
Coldwell Banker Realty
Payment calculator
Calculate your monthly payments
Mortgage
$8,290
Taxes
$0
HOA dues
$0
Mortgage
$540,000 / 20%
2.28%
30 years
Your amount
$8,290 / month
Lot details
TMK #035233080
Parcel nr.
035233080
94403 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 94403
45%
Families with children
National average: 39%
34%
Non family households
211,376
Population
$179,860
Average Income
Age & gender
Median age 39 years
More info
Commute types
79% commute by car
More info
Education level
31% have bachelor education
More info
Number of employees
4% work in management
More info
Vehicles available
40% have 2 vehicle
More info
Vehicles by gender
40% have 2 vehicle
More info
Housing market insights for
$1.89m
Neighborhood average
sales price*
sales price*
$1.63m
Neighborhood median
sales price*
sales price*
469
Number
of sales*
of sales*
Housing type
48% are single detacheds
More info
Rooms
34% of the houses have 4 or 5 rooms
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Bedrooms
55% have 2 or 3 bedrooms
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Owners vs Renters
57% are owners
More info
10.5 / 20
Above 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 Jan 29, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 29, 2024 | Sold | $2,700,000 | 0 | Public Record |
| Jan 29, 2024 | Price Decrease | $2,700,000 -3.5% | 0 | MLS #ML81947226 |
| Jan 23, 2024 | Pending | $2,798,000 | 0 | MLS #ML81947226 |
| Nov 6, 2023 | New Listing | $2,798,000 -6.67% | 0 | MLS #ML81947226 |
| Sep 21, 2023 | Unavailable | $2,998,000 | 0 | MLS #ML81920133 |
| May 10, 2023 | Pending | $2,998,000 | 0 | MLS #ML81920133 |
| Feb 28, 2023 | New Listing | $2,998,000 | 0 | MLS #ML81920133 |
Taxes of 1946 Ivy St, San Mateo, CA, 94403
R3 zoning / MLS #ML81947226
Zoning
R3
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Frequently Asked Questions about 1946 Ivy St
What is 1946 Ivy St?
1946 Ivy St is a Commercial/Industrial propertywith 4,428 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1946 Ivy St, San Mateo, CA, 94403.
What comparable properties are nearby?
Comparable nearby commercial properties include 1 Hayward Ave, 1022 E 4th Ave, 420 Peninsula Ave, 420 Peninsula Ave, 740 El Camino Real, 33 Highland Ave.
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: Jan 30, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Nijiya Market, 0.09 miles away and Safeway 0970, 0.35 miles away.
The 94403 zip area has a population of 211,376, and 45% of the families have children. The median age is 39.39 years and 79% commute by car. The most popular housing type is "single detached" and 57% is owner.
