2401 Carlmont DR, Belmont, CA 94002

$5,750,000

$6,880,000

16.4%
Est.Price: ?

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Est. payment /mo

0.49 Acres Lot


SOLD DATE : 07/29/2026

Key Details

Sold Price $5,750,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML82044230

Sold Date 07/29/26

HOA Y/N No

Year Built 1961

Annual Tax Amount $121,965

Lot Size 0.486 Acres

Property Description

The property has a total of 17,478 square feet of living space and is situated on approximately half an acre of land. The property has undergone extensive interior renovations complete with modern, high-end finishes including new cabinets, granite countertops, wood laminate flooring and stainless steel appliances. Each unit also benefits from its own private patio or balcony. The Carlmont Hills Apartments are centrally located in the heart of the Silicon Valley. Many of the nations top Tech employers are located within close proximity including Oracle, Sun Microsystems, Visa, Sony, Electronic Arts (EA), Franklin Templeton Investments as well as many others. The subject property also benefits from its close proximity to Ralston Avenue, which feeds directly into highways 92, 280 and 101 providing easy access to all major Bay Area locations. The investment appeal of this asset is driven by the areas strong employment fundamentals; low vacancy levels and consistent rental growth. Carlmont Hills Apartments is well positioned for significant NOI growth given its location and perpetual housing constraints in the market as well as the continued economic upturn in the Silicon Valley.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning 1

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Carport Spaces 16

Roof Type Composition

Total Parking Spaces 12

Building

Water Public

Schools

School District Other

Others

Tax ID 045015110

Financing Cash

Special Listing Condition Standard

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Listed by Adam S. Levin Marcus & Millichap #01462752
Bought with Robert Johnston Marcus & Millichap

Nearby Locations

George Cardenas
George Cardenas

Agent | License ID: 01937063

+1(562) 413-4431 | georgecardenasre@gmail.com

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