2302 Carlmont Drive | Belmont
| Belmont |
Turnkey 14-Unit Multifamily Investment in Prime Belmont Location
Exceptional opportunity to acquire a well-maintained 14-unit asset in the heart of Belmont, one of the Peninsula’s most desirable and commuter-friendly submarkets. The property features a highly attractive unit mix of four 2-bedroom, 1-bath units and ten 2-bedroom, 2-bath units. Most units have been thoughtfully renovated with luxury vinyl plank flooring, quartz countertops, stainless steel appliances including dishwashers, modernized bathrooms, and in-unit washer/dryers. Each unit enjoys its own private patio or deck, enhancing overall livability and tenant appeal.
Residents benefit from a range of community amenities, including covered and off-street parking, a heated swimming pool, and shared laundry facilities for units without in-unit laundry. The property’s strong curb appeal and meticulously maintained landscaping enhance desirability for renters.
Strategically located with convenient access to Ralston Avenue, Highway 101, and I-280, offering seamless commutes to major employment centers including Palo Alto, Mountain View, and San Francisco.
A stabilized asset with immediate income and long-term upside potential in a high-demand rental market.
Offering Highlights
• 14-unit multifamily property in Belmont
• Unit mix: (4) 2BD/1BA and (10) 2BD/2BA units
• Recent renovations in most units: LVT flooring, quartz countertops, stainless steel appliances, in-unit laundry
• 2024 electrical upgrades: new main service and subpanels
• Covered and side-by-side off-street parking
• Heated community swimming pool
• Private patios or decks for every unit
• High-demand location with strong tenant base and excellent commuter access