429 Studio CIR, San Mateo, CA 94401

Property Description

429 Studio Circle offers an investor the opportunity to acquire a fully renovated apartment property with extensive interior and exterior renovations. Studio Circle sits on a 7,564 SF lot with 6,358 SF of rentable space. The building consists of (2) two bedroom/ one bath units & (5) one bedroom/ one bath units. All units benefit from significant interior upgrades including: In-Unit Washers & Dryers, Updated Kitchens w/ new counters, cabinets, modern backsplash & appliances, renovated Baths, New LVT flooring and interior paint. Tenants enjoy private yards or balconies, extra storage space and carport parking (2 garage spaces). The property also benefits from a brand new roof and dual pane windows throughout. The current owners have spent significant capital and have achieved top of the market rents allowing a new landlord to acquire a true turnkey investment. The building is equidistant to downtown Burlingame & San Mateo & .7 miles from Washington Park and Bgame Cal Train Station.