Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    6

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Carport

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.1301

  • Property Type

    Residential

Price

  • Sales Price

    $2,150,000

  • Sq. Footage

    4, 428

  • Price/SqFt

    $485

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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San Mateo

Elementary School

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Listing Courtesy of Regina Zabarte , Hello Hello Bay Area

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JUST DROPPED: $2,150,000  1950 Ivy St, San Mateo Was $2.3M  Now $150K Below Original! Discover Your Easy Path to Wealth: 1950 Ivy St, San Mateo  NOW ONLY $2,150,000! Calling All Cash & Stock-Rich Investors! Tired of market volatility? Become a landlord overnight with this turnkey 6-unit cash cow in prime San Mateo  just reduced $150K from $2.3M! Why 1950 Ivy Beats the Market (and Next Door): * $550K Built-In Equity  Identical 1946 Ivy St sold for $2.7M last year * Unit 6 of 1950 is upgraded. Unit 5 was just vacated and ready for remodeling.  * Month-to-Month Tenants  Very Responsible Tenants, New Owner can push rents to $200K+ gross/year * Current Cash Flow: ~$150K gross, net $100K-$140K after expenses * Your 5-Year Wealth Plan (Buying at $2.15M) Passive Income: $500K+ net profit over 5 years  Appreciation: +24%/yr  $2.7M-$3M value by 2030! Equity Build: Tenants pay down your loan  Tax Advantages: Depreciation + 1031upside. No stock risk. No hassle. Just collect checks. Steps from tech hubs, top schools, parks, and transit.

1950 Ivy Street

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