411 N San Mateo DR, San Mateo, CA 94401

$1,987,500
5,016
SqFt

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Listed by Robert Johnston, 650-391-1744 from Marcus & Millichap
(If provided) CoList: Adam S. Levin from Marcus & Millichap

Sold listing courtesy of Robert Johnston from M&MKW

Sold Price
$1,987,500
List Price
$2,098,000
Closing Date
Feb 14, 2025
MLS#
ML81983762
Status
SOLD
Sqft. of Residence
5,016
Lot Size
6,050
Listing Area
Eastern Addition/Downtown Area
Year Built
1954

Property Description

411 N San Mateo Dr is an exceptional 5-unit multifamily asset located in the thriving city of San Mateo, California. Situated on a 6,050 square foot parcel of land, the subject property was originally constructed in 1954 and has a gross building area of approximately 5,016 square feet, offering tenants beautifully designed two-bedroom and one-bedroom floor plans. Tenants enjoy convenient community amenities such as private garage parking and an on-site laundry facility. Additionally the subject property has undergone major capital improvements including modern renovations of select units and an upgraded electrical system throughout. 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 numerous street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center.

Additional Information

Acres
0.14
Age
70
Cooling System
None
Foundation
Concrete Perimeter
Garage Parking
Attached Garage
Heating System
Wall Furnace
Living Area
5,016
Lot Size
6,050
Neighborhood
Eastern Addition/Downtown Area
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Flat / Low Pitch
Sewer
Sewer Connected
Unincorporated Yn
Yes
Zoning
E2-1.5

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