Belmont, CA 94002 2441 Carlmont Dr
$12,450,000



39 more








































Presented By: Marshall P. Ward with Compass Danville
Home Details
Located in the exclusive Belmont Hills, 2441 Carlmont Drive is a beautifully renovated 19-unit apartment building offering a prime investment opportunity. Since 2022, the property has undergone extensive renovations, with over $1 million invested in both exterior and interior improvements. The property features 19 spacious units designed with open-concept floor plans, including 15 two-bedroom, two-bathroom units and four one-bedroom, one-bathroom units. There is also potential to convert an office space into a studio apartment with minimal capital expenditure, adding further value to this turnkey asset. The newly remodeled apartments showcase modern design and high-end finishes, including well-lit hallways, new carpeting, premium stainless steel appliances, recessed LED lighting, engineered laminate flooring, and beautifully updated kitchens and bathrooms. Kitchens now feature sleek white quartz countertops and high-end cabinetry, while select units offer in-unit washer and dryers and gas fireplaces for added convenience and comfort. In 2020, the property received a brand-new torch-down composition roof, ensuring long-term durability and reduced maintenance costs.
Presented By: Marshall P. Ward with Compass Danville
Interior Features for 2441 Carlmont Dr
Bedrooms
Unit 1 Bedrooms4
Unit 3 Bedrooms0
Unit 2 Bedrooms30
UnitType4BedroomUnitsTotal0
Unit 1 Bedroom Units Total1
Unit 2 Bedroom Units Total1
Unit 3 Bedroom Units Total
Unit 4 Bedrooms
Bathrooms
Unit 4 Full Baths7
Unit 1 Full Baths9
Unit 2 Full Baths9
Unit 3 Full Baths9
Unit 2 Partial Baths
Unit 1 Partial Baths
Unit 4 Partial Baths
Other Interior Features
Unit 1 Approx SqFt0
Unit 2 Approx SqFt0
Unit 3 Approx SqFt0
Unit 4 Approx SqFt0
LivingAreaSourceAssessor Auto-Fill
# Studios Occupied
UnitTypeStudioUnitsTotal
Laundry FeaturesWasher/Dryer Owned, Varies by Unit, Coin Operated
Total Stories
Window FeaturesDual Pane Full
Other Rooms
Unit 1 # of Rooms0
Unit 2 # of Rooms0
Unit 3 # of Rooms
Unit 4 # of Rooms
General for 2441 Carlmont Dr
# of Guest Space(s)3
AuctionNo
Cap Rate4.20
Carport Spaces0.00
CityBelmont
Close Price0.00
CountySan Mateo
Elementary School DistrictBelmont-Redwood Shores
Garage Spaces0.00
Gross Income805130
Gross Rent Multiplier15.46
HOANo
HOA Fee$
High School DistrictBelmont-Redwood Shores
Lot Size Square Feet21435.00
Lot Size UnitsSqFt
MLS AreaBelmont
Middle/Junior School DistrictSequoia Union High
Number Of Units Total19
Open Parking Spaces0.00
PossessionClose Of Escrow
Property ConditionUpdated/Remodeled
Property Subtype5 or More Units
Property TypeResidential Income
RoofComposition
School District (County)San Mateo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subtype DescriptionApartments
UnitTypeCommercialUnitsTotal0
ViewHills
Year Built1965
Exterior for 2441 Carlmont Dr
Covered Spaces19.00
Foundation DetailsConcrete Perimeter
Independent Parking Spaces
Lot FeaturesSidewalk, Curb(s), Corner
Lot Size Acres0.4921
Lot Size SourceAssessor Auto-Fill
Number of Buildings0
Parking FeaturesCovered
Tandem Parking Spaces0
Total Parking22.00
Water SourcePublic
Additional Details
Price History

Sean Gaynor-Rousseau
Broker Associate