1950 Ivy, San Mateo, CA 94403
$2,150,000 LOGIN TO SAVE
1950 Ivy, San Mateo, CA 94403
Bedrooms: 7
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Bathrooms: 6
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Area: 4428 SqFt.
Description
JUST DROPPED: $2,150,000 1950 Ivy St, San Mateo Was $2.3M Now $150K Below Original! Discover Your Easy Path to Wealth: 1950 Ivy St, San Mateo NOW ONLY $2,150,000! Calling All Cash & Stock-Rich Investors! Tired of market volatility? Become a landlord overnight with this turnkey 6-unit cash cow in prime San Mateo just reduced $150K from $2.3M! Why 1950 Ivy Beats the Market (and Next Door): * $550K Built-In Equity Identical 1946 Ivy St sold for $2.7M last year * Unit 6 of 1950 is upgraded. Unit 5 was just vacated and ready for remodeling. * Month-to-Month Tenants Very Responsible Tenants, New Owner can push rents to $200K+ gross/year * Current Cash Flow: ~$150K gross, net $100K-$140K after expenses * Your 5-Year Wealth Plan (Buying at $2.15M) Passive Income: $500K+ net profit over 5 years Appreciation: +24%/yr $2.7M-$3M value by 2030! Equity Build: Tenants pay down your loan Tax Advantages: Depreciation + 1031upside. No stock risk. No hassle. Just collect checks. Steps from tech hubs, top schools, parks, and transit.
Features
- 0.13 Acres
- 2 Stories
Listing provided courtesy of Regina Zabarte of Hello Hello Bay Area. Last updated 2025-11-15 09:13:23.000000. Listing information © 2025 .

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