Property Details
About this Property
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: 4.11% / Pro-Forma CAP Rate: 5.0%. In-Place GRM: 15 / Pro-Forma GRM: 13.3. CAP Rate (w/ 5 ADU's): 5.97% / GRM (w/ 5 ADU's): 11. Cost/SF: $410/SF
MLS Listing Information
MLS #
ML82015448
MLS Source
MLSListings, Inc.
Days on Site
32
Interior Features
Appliances
Dishwasher, Microwave, Oven - Electric
Cooling
None
Heating
Electric
Exterior Features
Roof
Other
Foundation
Wood Frame
Pool
Community Facility
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
Elementary District
Belmont-Redwood Shores Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Complex Amenities
Additional Storage, Community Pool, Elevator
Zoning
R40000
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 23 | 23 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 650 | 1 | 1/0 | $2,195 | $2,507 | 6 |
| 2 | 700 | 1 | 1/0 | $2,152 | $2,507 | 8 |
| 3 | 880 | 2 | 1/0 | $2,272 | $2,834 | 7 |
| 4 | 879 | 2 | 1/0 | $2,695 | $2,834 | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2200 Village Ct is a Residential Income in Belmont, CA 94002. This 24,785 square foot property sits on a 0.531 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $10,150,000 and was built in 1965. This address can also be written as 2200 Village Ct, Belmont, CA 94002.
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This listing information is up-to-date as of July 22, 2025. For the most current information, please contact Don Sung, (650) 380-5188
