885 Laurel Avenue, Belmont, California 94002, Belmont, 94002 - 0 bed, 0 bath
Loading property details...
Belmont, California 94002
Analysis of 885 Laurel Avenue, Belmont, California 94002 is currently available with a list price of $1,649,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Belmont Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1955, the property underwent a major renovation within the last 5 years (completed 2026). Improvements include a brand-new roof, dual-pane windows, and two units featuring fully remodeled kitchens and bathrooms with quartz countertops and new cabinetry.
The property is ideally situated for commuters with immediate access to Caltrain, BART, and major highways 101, 92, and 280, ensuring high tenant demand.
Significant upgrades including a new 2026 roof, dual-pane windows, and two fully remodeled units with quartz countertops and modern finishes reduce immediate CAPEX requirements.
Located within the highly-regarded Belmont school district, this triplex offers a competitive advantage in attracting long-term, quality tenants.
The 4,000 sqft lot is relatively compact for a three-unit residential income property, which may restrict private outdoor space and on-site parking capacity.
While two units are beautifully remodeled, the third unit remains in a different condition, potentially creating a disparity in rental income and requiring future renovation.
Incredible New Price for This Prime Belmont Location! (2) 2 Bedrooms, 1Bath units, and (1) 1Bedroom, 1Bath. unit. Two units are beautifully remodeled with updated kitchen and bathroom cabinets, quartz counter tops, gas ranges and updated flooring. All units have dual pane windows. New roof installed 2026. One unit has bay views. All units have private garages. Laundry Room on site. Close to shops, restaurants, groceries and Caltrain. Wonderful Belmont school district. Great commuter location. Just minutes from Hwy's 101, 92, 280, Bart, and SFO.
No exterior & parking available.
No sensitive facilities data found.
Jul 16, 2026
$1,649,000
$1,749,000
-6% Price Drop
Initial Listing
Jun 11, 2026
$1,749,000
Initial Listing