1. California
  2. Belmont
  3. 2200 Village Court
$10,150,000

2200 Village Court, Belmont, CA 94002

  • 24,785 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon0.53acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $410/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

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

Listing Status:
Active
Date Added:
July 22, 2025 at 05:00AM
Listing Office:
Colliers Parrish International, Inc. : 408-282-3800
Listing Agent:
Don Sung : 650-380-5188
MLS ID:
ML82015448
  • Appliances: DishwasherRefrigerator
  • A/C: None
  • Heating: Electric
  • Disability Feature: Accessible Elevator Installed

This listing courtesy of Don Sung, Colliers Parrish International, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cipriani Elementary School

2525 Buena Vista Ave, Belmont, CA, 94002

Grades KG-5

0.85 miles away

R

Ralston Middle School

2675 Ralston Ave, Belmont, CA, 94002

Grades 6-8

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.