1931 Palm AVE, San Mateo, CA 94403

$1,585,000
4
BD
2,137
SqFt

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Listed by Stephen Guzzetti, 408-393-4647 from Intero Real Estate Services
(If provided) CoList: from

Sold listing courtesy of Anthony Batshon from BREC

Sold Price
$1,585,000
List Price
$1,688,000
Closing Date
Apr 16, 2026
MLS#
ML82034011
Status
SOLD
Zoning
R20000
Sqft. of Residence
2,137
Lot Size
4,750
Listing Area
Fiesta Gardens Etc.

Property Description

1931-1933 Palm Ave Duplex represents a very attractive investment and outstanding opportunity for the savvy investor. Located in a very desirable and sought after rental submarket, this duplex offers value-add upside through unit upgrades and rental repositioning. The units have been well maintained and have superior tenant profiles affording stable income and worry free operation. All units feature spacious 2 bedroom and 1 bathroom units featuring their own water heater. There is a common backyard for relaxing and entertaining and separate 1 car attached garages which include washer and dryer hookups. The units also boast dual pane windows and all utilities (PG&E & Water) are separately metered. Near Central Park and the vibrant downtown scene with nearby dining and shopping. CalTrain, Highways 101 and 92 are just minutes away with SFO and Bart less than 10 miles away as well. 1927 & 1929 Palm Ave duplexes are just across the beautiful and functional paver driveway/courtyard and are also for sale by the same owner. These two duplexes can be sold in combination or separately via a driveway easement and maintenance agreement. This duplex is 100% leased up. NEW Sewer Laterals! Please DO NOT go on the property!

Additional Information

Acres
0.11
Cooling System
None
Energy Features
Double Pane Windows
Floor Covering
Carpet, Tile, Vinyl / Linoleum
Foundation
Concrete Perimeter and Slab
Garage Parking
Attached Garage
Heating System
Wall Furnace
Laundry Facilities
Hookups Only
Living Area
2,137
Lot Size
4,750
Neighborhood
Fiesta Gardens Etc.
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Composition
Sewer
Sewer Connected, Sewer in Street
Style
Bungalow
Unincorporated Yn
Yes
Zoning
R20000

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