$1,800,000

1433 Jasmine St is a stunning 4-unit apartment community located in the thriving city of San Mateo, California. Situated on a 5,000 square foot parcel of land, the subject property was originally constructed in 1952 and has a gross building area of approximately 3,004 square feet, offering its tenants beautifully designed one-bedroom floor plans. San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center. The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Peninsula, 1433 Jasmine St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.