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Theresa Solon

info@theresasolon.com +1(707) 334-9186

Listed by Don Sung • Colliers Parrish International, Inc.

$ 10,150,000

Est. payment -/mo

Save

New

2200 Village Court Belmont, CA 94002

24,785 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 24,785 sqft

Price per Sqft $409

MLS Listing ID ML82032286

HOA Y/N No

Year Built 1965

Lot Size 0.532 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

Achieve $57,000/Month in Stable Rental Income from a Diversified, 23-Tenant, High-End Apartment in an A+ Location. What a Great Way to Retire and Achieve Reliable Cashflow + Value Appreciation + Tax Advantages (Depreciation). Rarely Available 23-Unit Asset in Highly Desirable Carlmont Village. Iconic, One-of-a-Kind Property w/ Panoramic Views. Coupon-Clipper, Easy to Manage w/ Excellent Tenants and Stable Cashflow. (14) LARGE 1 BR/1 BA Units (+/- 644 to 736 SF) and (9) SPACIOUS 2 BR/1 BA Units (+/- 875 to 883 SF). All 23 Units Feature Dishwashers, w/ Potential to Add In-Unit Washer/Dryers. Covered Carport Parking Spaces, Storage for Tenants and Top-to-Bottom Elevator Access. Convert +/- 2,565 SF of Enclosed Carport w/ 9' Ceilings to (5) 1 BR/1 BA or Studio ADU's. 5 ADU's: Achieve $11,250/Month (or $135,000/Yr) in Additional Gross Rental Income. Over $500,000 Cap. Ex. Invested: Dual-Pane Windows, Roof, Copper Plumbing, 800 AMP Square D Panel. Walk Score: 80, With Walkability to Carlmont Village. Quick Access to Freeways 280 and 101. In-Place CAP Rate: 4.12% / Pro-Forma CAP Rate: 5.02%. In-Place GRM: 14.6 / Pro-Forma GRM: 12.9. CAP Rate (w/ 5 ADU's): 5.97% / GRM (w/ 5 ADU's): 11. Cost/SF: $410/SF

Location

State CA

County San Mateo

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Coin Operated

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Nearby School & Business

SCHOOLSPROPERTIES

Elementary Schools 20

10

Cipriani Elementary School

Public | KG - 5
10

Foster City Elementary

Public | KG - 5
9

Arundel Elementary

Public | PK - 4
9

San Carlos Charter Learning Center

Public | KG - 8
9

Tierra Linda Middle School

Public | 5 - 8
9

Fox Elementary School

Public | KG - 5
9

Central Elementary School

Public | KG - 5
8

Heather School

Public | PK - 4
8

Baywood Elementary School

Public | KG - 5
7

Clifford School

Public | KG - 8
7

Nesbit Elementary School

Public | KG - 8
7

Bresford Elementary

Public | KG - 5
6

George Hall Elementary School

Public | KG - 5
5

Meadow Heights Elementary School

Public | KG - 5
4

Laurel Elementary School

Public | KG - 5
4

Fiesta Gardens International Elementary School

Public | KG - 5
1

San Mateo County Special Education

Public | KG - 12
0

Jean Weingarten Peninsula Oral School for the Deaf

Private | PK - KG
0

White Oaks School

Public | PK - 3
0

St Charles School

Private | KG - 8

Middle Schools 7

10

Central Middle School

Public | 6 - 8
10

Ralston Middle School

Public | 6 - 8
6

Borel Middle School

Public | 6 - 8
5

Abbott Middle School

Public | 6 - 8
0

Canyon Oaks Youth Center

Public | 8 - 12
0

Gateway Center

Public | 7 - 12
0

Fusion Academy San Mateo

Private | 6 - 12

High Schools 8

10

Aragon High School

Public | 9 - 12
9

Carlmont High School

Public | 9 - 12
8

Hillsdale High School

Public | 9 - 12
0

Margaret J. Kemp

Public | 9 - 12
0

Notre Dame High School

Private | 9 - 12
0

San Mateo County Regional Occupational Program

Public | 11 - 12
0

Junipero Serra High School

Private | 9 - 12
0

Compass High School

Private | 9 - 12

School and business data provided by Attom Data.

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

Theresa Solon

2200 Village Court Belmont, CA 94002

Key Details

Location

Interior

Nearby School & Business

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