1 Hayward AVE, San Mateo, CA 94401

$3,300,000
6,753
SqFt

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Listed by Cole Simpson, 650-888-7696 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

Sold listing courtesy of Peyling Yap from SINOU

Sold Price
$3,300,000
List Price
$3,800,000
Closing Date
Jun 14, 2024
MLS#
ML81956855
Status
SOLD
Sqft. of Residence
6,753
Lot Size
12,824
Listing Area
Hayward Park
Year Built
1938

Property Description

Upcoming public tours: Tuesday 3.26.24 from 2pm-4pm Wednesday 3.27.24 from 1pm-2pm 1 Hayward Ave is a stunning multifamily investment opportunity with a fully entitled mixed-use redevelopment site by the City of San Mateo. Proposed renderings feature 18 dwelling units and 2 office/retail spaces. Situated on a parcel of land totaling 12,824 square feet, the subject property was originally constructed in 1938 and has a gross building area of approximately 6,794 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. Additionally, the subject property provides tenants with private garages and backyard space. The subject site features three fully renovated semi-detached houses with convenient amenities such as private garages, backyard space, and in-unit laundry. All units are currently on a month-to-month lease. The subject property is located within close proximity to Downtown San Mateo, a popular area featuring a myriad of diverse retail shops, dining, and entertainment options. The subject property is also located near many major transportation corridors including U.S. Route 101, California State Route 92, and the San Mateo Caltrain Station.

Additional Information

Acres
0.29
Age
86
Cooling System
None
Foundation
Concrete Perimeter, Wood Frame
Garage Parking
Attached Garage, Carport
Heating System
Fireplace, Wall Furnace
Living Area
6,753
Lot Size
12,824
Neighborhood
Hayward Park
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Shingle
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
E2-1/R4

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