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ML82054740 MLS

2277-2283 South El camino Real, San Mateo

Listed by Steve Belluomini, (650) 281-8877 from Corcoran Icon Properties
(If provided) CoList: from

An extraordinary find in the heart of the Peninsula, this large, meticulously configured fourplex located at 711-717 Highland Avenue presents a rare combination of immediate cash-flow and long-term appreciation. Situated across two independent buildings on a single parcel, the property balances structural versatility with extensive tenant appeal. The front building consists of two massive 2 bedroom 1.5 bathroom townhome style units spanning approximately 1,770 square feet each. These two-story spaces are designed for premium living, featuring an expansive first floor with a spacious living room, formal dining room, private breakfast nook, kitchen, laundry area, and a convenient half-bathroom, while the upper level hosts two bright bedrooms, a bonus room and a full bath. The rear building houses two flat-style 2 bedroom 1 bathroom units measuring a generous 1,000 square feet each. The ground-floor flat enjoys direct access to a private backyard space, while the upper unit benefits from an expansive balcony. Each unit is fully equipped with washer and dryer, refrigerator, range/oven, garbage disposal as well as four dedicated carports. Perfect for owner occupied and multifamily operators looking to capture top-tier Bay Area rents.

8 Beds ⋅ ML82051839 MLS

An extraordinary find in the heart of the Peninsula, this large, meticulously configured fourplex located at 711-717 Highland Avenue presents a rare combination of immediate cash-flow and long-term appreciation. Situated across two independent buildings on a single parcel, the property balances structural versatility with extensive tenant appeal. The front building consists of two massive 2 bedroom 1.5 bathroom townhome style units spanning approximately 1,770 square feet each. These two-story spaces are designed for premium living, featuring an expansive first floor with a spacious living room, formal dining room, private breakfast nook, kitchen, laundry area, and a convenient half-bathroom, while the upper level hosts two bright bedrooms, a bonus room and a full bath. The rear building houses two flat-style 2 bedroom 1 bathroom units measuring a generous 1,000 square feet each. The ground-floor flat enjoys direct access to a private backyard space, while the upper unit benefits from an expansive balcony. Each unit is fully equipped with washer and dryer, refrigerator, range/oven, garbage disposal as well as four dedicated carports. Perfect for owner occupied and multifamily operators looking to capture top-tier Bay Area rents.

711 Highland AVE, San Mateo

Listed by Michael Hecht, 408-250-3442 from Intero Real Estate Services
(If provided) CoList: Shawn Jones from Intero Real Estate Services

$9,450,000

Knights Inn Apartments, located at 100-106 N. Bayshore Boulevard in San Mateo, presents a rare 38-unit multifamily investment opportunity in San Mateo. The property offers a unit mix of thirty-four (34) studios (~381 sqft) and four (4) 1-Bedroom/1-Bath units (~570 sqft). Constructed in 1960 and situated on a 24,944 sqft lot, with approximately 24,592 sqft of gross building area across two (2) buildings. SB-721 COMPLIANT, BALCONY REBUILD COMPLETED, eliminating a significant capital expenditure obligation and providing investors with a clean compliance profile at close. The property further features a secured fenced-in pool, on-site coin-operated laundry, and 36 covered carports + 4 uncovered assigned spaces. Gas and electric utilities are master metered for each building, presenting a direct value-add opportunity through implementation of a Ratio Utility Billing System (RUBS), a strategy not currently utilized under existing ownership. The pro forma reflects an estimated $45,600 in additional RUBS income upon implementation.Current rents averaging approximately $1,610/month for studios and $2,085/month for 1-Bed/1-Bath units reflect meaningful upside to market rents of $2,100 and $2,395 respectively, as validated by the nearby Country Club Apartments at 420 N. Bayshore Boulevard.

ML82050464 MLS ⋅ Knights Inn Apartments BLDG.

Knights Inn Apartments, located at 100-106 N. Bayshore Boulevard in San Mateo, presents a rare 38-unit multifamily investment opportunity in San Mateo. The property offers a unit mix of thirty-four (34) studios (~381 sqft) and four (4) 1-Bedroom/1-Bath units (~570 sqft). Constructed in 1960 and situated on a 24,944 sqft lot, with approximately 24,592 sqft of gross building area across two (2) buildings. SB-721 COMPLIANT, BALCONY REBUILD COMPLETED, eliminating a significant capital expenditure obligation and providing investors with a clean compliance profile at close. The property further features a secured fenced-in pool, on-site coin-operated laundry, and 36 covered carports + 4 uncovered assigned spaces. Gas and electric utilities are master metered for each building, presenting a direct value-add opportunity through implementation of a Ratio Utility Billing System (RUBS), a strategy not currently utilized under existing ownership. The pro forma reflects an estimated $45,600 in additional RUBS income upon implementation.Current rents averaging approximately $1,610/month for studios and $2,085/month for 1-Bed/1-Bath units reflect meaningful upside to market rents of $2,100 and $2,395 respectively, as validated by the nearby Country Club Apartments at 420 N. Bayshore Boulevard.

100-106 N Bayshore BLVD, San Mateo

Listed by Nate Gustavson, 415-786-9410 from Compass
(If provided) CoList: Cameron Foster from Compass

$2,500,000

Fiesta Gardens Six unit building in very good condition. Upper units have decks; lower units have patio yards. Great location for access to shops, parks, transportation and schools. Easy access to Hwy 101/92/280 to SF, SJ or Hayward HOA has pool, tennis clubhouse etc. Rents are low, excellent opportunity to upgrade and increase cash flow.

ML82047855 MLS ⋅ Fiesta Gardens BLDG.

Fiesta Gardens Six unit building in very good condition. Upper units have decks; lower units have patio yards. Great location for access to shops, parks, transportation and schools. Easy access to Hwy 101/92/280 to SF, SJ or Hayward HOA has pool, tennis clubhouse etc. Rents are low, excellent opportunity to upgrade and increase cash flow.

19th AVE, San Mateo

Listed by Terry Michaud, 650-349-9300 from Heritage Realty
(If provided) CoList: from

$2,499,000

Fantastic investment property in ideal Peninsula location. Six large one bedroom, one bath units. New roof, exterior paint, and landscaping. Easy property to manage and lease. Tremendous upside. Pro forma income of over $200,000 per year. Approximately 7,500 sq ft property on a 4,885 sq ft lot. Three garage spaces, each with tandem parking. Great west side San Mateo asset with easy access to Caltrain, Freeways, and SamTrans. Separate PG&E and water meters.

ML82037914 MLS

Fantastic investment property in ideal Peninsula location. Six large one bedroom, one bath units. New roof, exterior paint, and landscaping. Easy property to manage and lease. Tremendous upside. Pro forma income of over $200,000 per year. Approximately 7,500 sq ft property on a 4,885 sq ft lot. Three garage spaces, each with tandem parking. Great west side San Mateo asset with easy access to Caltrain, Freeways, and SamTrans. Separate PG&E and water meters.

4111 Beresford ST, San Mateo

Listed by John F. Britton, (650) 208-6518 from W. J. Britton & Company
(If provided) CoList: from

$5,650,000

Price reduced 4/29/2026. Crystal Springs Apartments is a generational multifamily asset, held by the same family for decades after establishing deep roots in San Mateo County more than 90 years ago. Constructed in 1978 by the developer of the adjacent Crystal Springs Village Shopping Center, the property reflects a level of care, intention, and permanence that is increasingly rare. Both in construction and interior character, the residences offer an experience more akin to a single-family home than a conventional rental property. It is 10-units consisting of (2) 2 bed / 2.5-bath townhouses, (5) 2 bed / 2 bath, and (3) 1 bed / 1 bath units. The property is two separate buildings located in a primarily single family residential neighborhood. It is situated on two separate parcels (041-203-010 and 041-203-020) that combine for ~0.35 acres of land. Residents enjoy amenities such as enclosed garage and covered parking, vaulted ceilings in second floor units, fireplace in each unit, and balconies and/or patios. The property's Peninsula location is near the midpoint of San Francisco and the Silicon Valley allowing for easy access to all major Bay Area employment centers. The neighboring multifamily property at 2005 Parrott Dr sold for $769,533 per unit on 2/20/2026.

ML82036937 MLS ⋅ Crystal Springs Apartments BLDG.

Price reduced 4/29/2026. Crystal Springs Apartments is a generational multifamily asset, held by the same family for decades after establishing deep roots in San Mateo County more than 90 years ago. Constructed in 1978 by the developer of the adjacent Crystal Springs Village Shopping Center, the property reflects a level of care, intention, and permanence that is increasingly rare. Both in construction and interior character, the residences offer an experience more akin to a single-family home than a conventional rental property. It is 10-units consisting of (2) 2 bed / 2.5-bath townhouses, (5) 2 bed / 2 bath, and (3) 1 bed / 1 bath units. The property is two separate buildings located in a primarily single family residential neighborhood. It is situated on two separate parcels (041-203-010 and 041-203-020) that combine for ~0.35 acres of land. Residents enjoy amenities such as enclosed garage and covered parking, vaulted ceilings in second floor units, fireplace in each unit, and balconies and/or patios. The property's Peninsula location is near the midpoint of San Francisco and the Silicon Valley allowing for easy access to all major Bay Area employment centers. The neighboring multifamily property at 2005 Parrott Dr sold for $769,533 per unit on 2/20/2026.

2001-2003 Parrott DR, San Mateo

Listed by Carlos Azucena, 408-205-2679 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of Carlos Azucena from M&MKW

$10,400,000

2023 new build. A magnificent three-story estate of striking stature that embodies the pinnacle of luxury. On the most prestigious, tree-canopied street in The Park, backing onto Hillsborough's storied estates on Brewer Drive. Stroll to Burlingame Ave. Expansive lot, over one-third of an acre of beautifully curated grounds providing privacy and an impressive sense of arrival. Step inside and experience the grandeur, 6070 sq. ft. of stylish living. Light-filled rooms. Oversized windows framing peaceful treetop views. 6 cooling and heating zones. Professional chef's kitchen, 4 ovens, 72-inch fridge, 2 dishwashers. 2 wine coolers. Pristine marble adorns the 15-foot island. Butler's pantry. Office. 4 ensuite bedrooms, marble bathrooms with heated floors. Dreamy primary suite, large custom closet and sumptuous bathroom with double showers. Vibrant gardens with an orchard, gas heated pool. Jacuzzi. Cabana. Pergola. Fireplaces. Outdoor bar. Full outdoor kitchen. 1,000 sq. ft. hosting patio. A bench, perfect for quiet reflection, capturing unforgettable sunsets over the spa, all to nourish the body, mind and spirit. Gym. Wine tasting lounge. Wine cellar. Bespoke cocktail bar with a sweeping marble counter. Billiards room. 4 car garage. So new, a rare offering in the most coveted area.

4 Beds ⋅ 6 Baths ⋅ ML82035852 MLS

2023 new build. A magnificent three-story estate of striking stature that embodies the pinnacle of luxury. On the most prestigious, tree-canopied street in The Park, backing onto Hillsborough's storied estates on Brewer Drive. Stroll to Burlingame Ave. Expansive lot, over one-third of an acre of beautifully curated grounds providing privacy and an impressive sense of arrival. Step inside and experience the grandeur, 6070 sq. ft. of stylish living. Light-filled rooms. Oversized windows framing peaceful treetop views. 6 cooling and heating zones. Professional chef's kitchen, 4 ovens, 72-inch fridge, 2 dishwashers. 2 wine coolers. Pristine marble adorns the 15-foot island. Butler's pantry. Office. 4 ensuite bedrooms, marble bathrooms with heated floors. Dreamy primary suite, large custom closet and sumptuous bathroom with double showers. Vibrant gardens with an orchard, gas heated pool. Jacuzzi. Cabana. Pergola. Fireplaces. Outdoor bar. Full outdoor kitchen. 1,000 sq. ft. hosting patio. A bench, perfect for quiet reflection, capturing unforgettable sunsets over the spa, all to nourish the body, mind and spirit. Gym. Wine tasting lounge. Wine cellar. Bespoke cocktail bar with a sweeping marble counter. Billiards room. 4 car garage. So new, a rare offering in the most coveted area.

830 Bromfield RD, San Mateo

Listed by Margaret Duffy, 650-676-0294 from Coldwell Banker Realty
(If provided) CoList: from

Sold listing courtesy of Gurveer Bains from SZPR01

$5,200,000

Marcus & Millichap is pleased to present 24 Baytree Way, a ten-unit multifamily community located in the highly sought-after El Cerrito Manor neighborhood of San Mateo. Built in 1950, the property sits adjacent to Hillsborough Heights, where the average home value exceeds $4,000,000. This rare investment opportunity allows an investor to curate a boutique residential community surrounded by well-established single-family homes. The unit mix features a combination of one- and two-bedroom floor plans, each notably larger than typical apartment homes constructed during the 1950's. The property also offers two vacant, rent-ready units, providing immediate access for tours and a seamless transition for new ownership.

ML82026751 MLS ⋅ Baytree Way Apartments BLDG.

Marcus & Millichap is pleased to present 24 Baytree Way, a ten-unit multifamily community located in the highly sought-after El Cerrito Manor neighborhood of San Mateo. Built in 1950, the property sits adjacent to Hillsborough Heights, where the average home value exceeds $4,000,000. This rare investment opportunity allows an investor to curate a boutique residential community surrounded by well-established single-family homes. The unit mix features a combination of one- and two-bedroom floor plans, each notably larger than typical apartment homes constructed during the 1950's. The property also offers two vacant, rent-ready units, providing immediate access for tours and a seamless transition for new ownership.

24 Baytree WAY, San Mateo

Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of Mary Bee from NTERO

$8,225,000

Magnify is pleased to present the opportunity to acquire 2830 Flores St, a fully stabilized, turnkey 17-unit apartment building in the thriving city of San Mateo. Located just steps from the Hillsdale Shopping Center and Caltrain Station, this well-maintained asset offers a compelling mix of large, spacious units ideal for attracting long-term tenants in a high-demand rental market. Constructed in 1961 and fully renovated in 2020-2021, the property consists of (7) two-bedroom/one-bathroom units, (8) one-bedroom/one-bath units, and (2) studios on a 18,499 square foot lot. The property has undergone significant capital improvements, with 15 of 17 units renovated to modern standards. With 8.8% immediate upside in rents and 21% total upside in rents, investors can benefit from strong in-place income and future growth potential. This is a low-vacancy, high-performing asset in one of the Bay Areas most resilient and supply-constrained submarkets.

ML82024663 MLS

Magnify is pleased to present the opportunity to acquire 2830 Flores St, a fully stabilized, turnkey 17-unit apartment building in the thriving city of San Mateo. Located just steps from the Hillsdale Shopping Center and Caltrain Station, this well-maintained asset offers a compelling mix of large, spacious units ideal for attracting long-term tenants in a high-demand rental market. Constructed in 1961 and fully renovated in 2020-2021, the property consists of (7) two-bedroom/one-bathroom units, (8) one-bedroom/one-bath units, and (2) studios on a 18,499 square foot lot. The property has undergone significant capital improvements, with 15 of 17 units renovated to modern standards. With 8.8% immediate upside in rents and 21% total upside in rents, investors can benefit from strong in-place income and future growth potential. This is a low-vacancy, high-performing asset in one of the Bay Areas most resilient and supply-constrained submarkets.

2830 Flores ST, San Mateo

Listed by Eric Katz, 408-317-0187 from Magnify Real Estate
(If provided) CoList: David Katz from Magnify Real Estate

Sold listing courtesy of David Katz from DYNA8

$4,535,000

*Call for offers 10/16 at 11:00am.* Rare chance to acquire one, two, or all three multifamily properties located on contiguous parcels on Grand Boulevard in San Mateo. 315 (fourplex), 321 (triplex), and 327 (triplex) Grand Blvd (MLS# ML82022562, ML82024252, ML82015184). Available separately or combined. Potential to construct up to 12 ADUs per an ADU consultancys pre-feasibility study. These properties total 10 units, 6,369 SqFt of building area, and 22,873 SqFt of land. 315 Grand is renovated, has two vacancies, and the potential for 5 ADUs. 321 and 327 Grand are value add opportunities with below market rents and are fully leased. 321 Grand has the potential for 4 ADUs and 327 Grand has the potential for 3 ADUs. Conveniently located near Downtown San Mateo, residents enjoy walkable access to shops, dining, and entertainment, as well as proximity to Caltrain, Highway 101, and Highway 92, providing easy commutes throughout the Peninsula and Silicon Valley. The robust economy, excellent schools, high quality of life, rent growth, and ADU potential make 315, 321, and 327 Grand Blvd. a great opportunity for cash flow, appreciation, and development minded investors.

ML82024413 MLS

*Call for offers 10/16 at 11:00am.* Rare chance to acquire one, two, or all three multifamily properties located on contiguous parcels on Grand Boulevard in San Mateo. 315 (fourplex), 321 (triplex), and 327 (triplex) Grand Blvd (MLS# ML82022562, ML82024252, ML82015184). Available separately or combined. Potential to construct up to 12 ADUs per an ADU consultancys pre-feasibility study. These properties total 10 units, 6,369 SqFt of building area, and 22,873 SqFt of land. 315 Grand is renovated, has two vacancies, and the potential for 5 ADUs. 321 and 327 Grand are value add opportunities with below market rents and are fully leased. 321 Grand has the potential for 4 ADUs and 327 Grand has the potential for 3 ADUs. Conveniently located near Downtown San Mateo, residents enjoy walkable access to shops, dining, and entertainment, as well as proximity to Caltrain, Highway 101, and Highway 92, providing easy commutes throughout the Peninsula and Silicon Valley. The robust economy, excellent schools, high quality of life, rent growth, and ADU potential make 315, 321, and 327 Grand Blvd. a great opportunity for cash flow, appreciation, and development minded investors.

315-327 Grand BLVD, San Mateo

Listed by Ismael Benhamida, 408-373-6195 from Compass
(If provided) CoList: Hanna John Azar from Compass

Sold listing courtesy of Hanna John Azar from APR

$2,400,000

SC Properties is pleased to present. This multi-family property offers a total of 5,740 square feet of living space on a generous 13,500 square foot lot. The property features a beautifully remodeled duplex, each unit offering 2 bedrooms and 2 baths with tasteful finishes throughout. TPO roof on the duplex was installed in 2025, and the sewer lateral was replaced in 2024. The duplex and single-family home have separate utilities. Additionally, there is a spacious 3,500 square foot single-family home with two stories and a basement, providing ample space for a large family. Built in 1935 and recently remodeled in 2016, this property is equipped with modern amenities and individually metered units. The private yards offer a secluded outdoor space for each unit. Located in a desirable neighborhood, this property provides convenient access to Bay Meadows, Hilldale Mall, local schools, parks, and dining options. With parking available in the carport and on the street, tenants will never have to worry about finding a space. Offered at $2,395,000, this multi-family property is the perfect opportunity for investors or those looking to live in one unit and rent out the others. Don't miss out on this rare find.

8 Beds ⋅ ML82022896 MLS

SC Properties is pleased to present. This multi-family property offers a total of 5,740 square feet of living space on a generous 13,500 square foot lot. The property features a beautifully remodeled duplex, each unit offering 2 bedrooms and 2 baths with tasteful finishes throughout. TPO roof on the duplex was installed in 2025, and the sewer lateral was replaced in 2024. The duplex and single-family home have separate utilities. Additionally, there is a spacious 3,500 square foot single-family home with two stories and a basement, providing ample space for a large family. Built in 1935 and recently remodeled in 2016, this property is equipped with modern amenities and individually metered units. The private yards offer a secluded outdoor space for each unit. Located in a desirable neighborhood, this property provides convenient access to Bay Meadows, Hilldale Mall, local schools, parks, and dining options. With parking available in the carport and on the street, tenants will never have to worry about finding a space. Offered at $2,395,000, this multi-family property is the perfect opportunity for investors or those looking to live in one unit and rent out the others. Don't miss out on this rare find.

58 E 39th AVE, San Mateo

Listed by Rachid Atie, 650-868-0202 from SC Properties
(If provided) CoList: Chris Giotinis from SC Properties

Sold listing courtesy of Rinat Kaufman from CBR

$3,900,000

ML82007777 MLS

231 Villa TER, San Mateo

Listed by Jefrey Henderson, 408-893-8063 from Jefrey Henderson, Broker
(If provided) CoList: from

Sold listing courtesy of Jefrey Henderson from BRESJ

$2,150,000

Rarely Available Opportunity to Acquire 5-unit Spacious, Easy-To-Manage apartment building consisting of four 1-bed 1-bath and one 2-bed 1-bath. Conveniently-Located Asset Near Downtown San Mateo. Walk to Hillsdale Cal-Train & Franklin Templeton. Units with/ Excellent Floorplan. Dual-Pane Windows, individual Water Heaters, New Exterior Painting, Drought-Resistant Landscaping. Proven, Consistent Income-Generator, Providing Strong Cashflow with Very Low Vacancies and Turnovers.

ML81994413 MLS

Rarely Available Opportunity to Acquire 5-unit Spacious, Easy-To-Manage apartment building consisting of four 1-bed 1-bath and one 2-bed 1-bath. Conveniently-Located Asset Near Downtown San Mateo. Walk to Hillsdale Cal-Train & Franklin Templeton. Units with/ Excellent Floorplan. Dual-Pane Windows, individual Water Heaters, New Exterior Painting, Drought-Resistant Landscaping. Proven, Consistent Income-Generator, Providing Strong Cashflow with Very Low Vacancies and Turnovers.

3939 Pacific BLVD, San Mateo

Listed by Robin Neydavoud, 650-773-7936 from Real Estate Source, Inc.
(If provided) CoList: from

$15,570,000

San Mateo Garden Apartments is a stunning 39-unit apartment community located at 22 N San Mateo Dr in the thriving city of San Mateo, California. Situated on a parcel of land totaling 46,252 square feet, the subject property was originally constructed in 1950 and has a gross building area of approximately 23,893 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. San Mateo Garden Apartments offers residents attractive community amenities including a shared grill, a community pool, and a laundry facility. San Mateo Garden Apartments is located in Downtown San Mateo, a popular area featuring a myriad of diverse retail shops, fine dining, and entertainment options. The subject property is also located nearby many major transportation corridors including U.S. Route 101, California State Route 92 and the San Mateo Caltrain Station. These transportation hubs provide tenants close proximity to both San Francisco and the South Bay providing quick access to many of the nation's top employers including Google, Facebook, Apple, Stanford Medicine, Box Inc., Visa, Sony as well as many others.

ML81988875 MLS

San Mateo Garden Apartments is a stunning 39-unit apartment community located at 22 N San Mateo Dr in the thriving city of San Mateo, California. Situated on a parcel of land totaling 46,252 square feet, the subject property was originally constructed in 1950 and has a gross building area of approximately 23,893 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. San Mateo Garden Apartments offers residents attractive community amenities including a shared grill, a community pool, and a laundry facility. San Mateo Garden Apartments is located in Downtown San Mateo, a popular area featuring a myriad of diverse retail shops, fine dining, and entertainment options. The subject property is also located nearby many major transportation corridors including U.S. Route 101, California State Route 92 and the San Mateo Caltrain Station. These transportation hubs provide tenants close proximity to both San Francisco and the South Bay providing quick access to many of the nation's top employers including Google, Facebook, Apple, Stanford Medicine, Box Inc., Visa, Sony as well as many others.

22 N San Mateo DR, San Mateo

Listed by Robert Johnston, 650-391-1744 from Marcus & Millichap
(If provided) CoList: Jessica Tomasetti from Marcus & Millichap

Sold listing courtesy of Cole Simpson from M&MKW

$1,987,500

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.

ML81983762 MLS

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.

411 N San Mateo DR, San Mateo

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

$2,410,000

Pride of ownership property in San Mateo and the end of a quiet residential street. Owner has taken amazing care of property, New windows, exterior paint, W/D, water heater, landscaping and earthquake retrofit. Strong long term tenants, great opportunity to take over a well run asset. Four 2x1, and two 1x1 units. 3 garages and 3 carports, with additional on-site parking.

ML81983529 MLS

Pride of ownership property in San Mateo and the end of a quiet residential street. Owner has taken amazing care of property, New windows, exterior paint, W/D, water heater, landscaping and earthquake retrofit. Strong long term tenants, great opportunity to take over a well run asset. Four 2x1, and two 1x1 units. 3 garages and 3 carports, with additional on-site parking.

1110 Haddon DR, San Mateo

Listed by Scott Kilpatrick, 650-868-0738 from Compass
(If provided) CoList: from

Sold listing courtesy of Costantini Team from APR

$3,275,000

230 Grand Blvd. represents a rare opportunity to acquire a 6-unit multifamily investment opportunity located in the highly exclusive San Mateo market. Originally built in 1978, the property is situated on a 9,800 square foot parcel of land with a gross building area of 6,290 square feet. The asset features an ideal unit makeup, including three (3) 2-bed/2-bath and three (3) 1-bed/1-bath flats. Tenants enjoy convenient community amenities such as private parking, patios/balconies and on-site laundry. Five of the Six units have been renovated with high-end designer finishes, with two units featuring in-unit washers and dryers. 230 Grand Blvd is approximately equidistant to Downtown San Mateo and Downtown Burlingame, and is within close proximity to one of the most expensive zip codes in the country - Hillsborough, CA.

ML81981039 MLS

230 Grand Blvd. represents a rare opportunity to acquire a 6-unit multifamily investment opportunity located in the highly exclusive San Mateo market. Originally built in 1978, the property is situated on a 9,800 square foot parcel of land with a gross building area of 6,290 square feet. The asset features an ideal unit makeup, including three (3) 2-bed/2-bath and three (3) 1-bed/1-bath flats. Tenants enjoy convenient community amenities such as private parking, patios/balconies and on-site laundry. Five of the Six units have been renovated with high-end designer finishes, with two units featuring in-unit washers and dryers. 230 Grand Blvd is approximately equidistant to Downtown San Mateo and Downtown Burlingame, and is within close proximity to one of the most expensive zip codes in the country - Hillsborough, CA.

230 Grand BLVD, San Mateo

Listed by Eymon Binesh, 650-546-1030 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of Eymon Binesh from M&MKW

$3,350,000

First time on the market since 1970! This 6-unit apartment complex, owned by the same family since its construction in 1970, offers investors a chance to acquire a turnkey property in North San Mateo. Situated on a 9,480 SF parcel (0.213 acres), the complex boasts an impressive unit mix: one 2-bedroom, 2.5-bath townhouse style unit, two 2-bedroom, 1.5-bath townhouse style units, one 2-bedroom, 2-bath units and two one-bedroom units with generous floorplans and interior upgrades. Exceptionally well-maintained and professionally managed, the property features five units with remodeled kitchens and bathrooms. All units are equipped with dishwashers, garbage disposals, forced air heating, wood-like luxury vinyl flooring downstairs, carpeting upstairs, and either a yard, private patio, or private deck. Recent updates include new siding, double-pane windows, a concrete driveway, a water heater, and a freshly painted exterior. Located between Silicon Valley & SF close to transportation and shopping & access to highways 101 and 280. Please do not disturb tenants. Matterport walk-through tour link for each unit and a comprehensive marketing brochure is available upon request.

ML81973393 MLS

First time on the market since 1970! This 6-unit apartment complex, owned by the same family since its construction in 1970, offers investors a chance to acquire a turnkey property in North San Mateo. Situated on a 9,480 SF parcel (0.213 acres), the complex boasts an impressive unit mix: one 2-bedroom, 2.5-bath townhouse style unit, two 2-bedroom, 1.5-bath townhouse style units, one 2-bedroom, 2-bath units and two one-bedroom units with generous floorplans and interior upgrades. Exceptionally well-maintained and professionally managed, the property features five units with remodeled kitchens and bathrooms. All units are equipped with dishwashers, garbage disposals, forced air heating, wood-like luxury vinyl flooring downstairs, carpeting upstairs, and either a yard, private patio, or private deck. Recent updates include new siding, double-pane windows, a concrete driveway, a water heater, and a freshly painted exterior. Located between Silicon Valley & SF close to transportation and shopping & access to highways 101 and 280. Please do not disturb tenants. Matterport walk-through tour link for each unit and a comprehensive marketing brochure is available upon request.

839 Highland AVE, San Mateo

Listed by Gregory Cohn, 650-922-3800 from Coldwell Banker Realty
(If provided) CoList: from

Sold listing courtesy of Charles Fuery from SPA

$3,750,000

Rarely Available Opportunity to Acquire 6 Spacious, Easy-To-Manage 2-Bedroom/1-Bath Units Near Downtown San Mateo. Conveniently-Located Asset Near Downtown San Mateo. Very Easy Access From Highway 101. Desirable Rental Location on 2 Quiet Treelined Streets (S. Fremont and E. 5th Ave). All 2 Bedroom/1 Bath Units (887 SF Each). Walk to San Mateo Cal-Train & Downtown San Mateo. Updated Units w/ Excellent Floorplan. Potential to Add 2 to 3 ADUs. Supply-Constrained. Very Few Small to Midsized Apartments Nearby. Mixed in w/ Single Family Homes. Renovated Apartment Units: All Units Equipped With Dishwasher, Plus Potential to Add In-Unit Washer & Dryers to Boost Rents and NOI. Capital Improvements: Updated Plumbing and Electrical, Dual-Pane Windows, New Water Heaters, New Exterior Painting, New Drought-Resistant Landscaping. Proven, Consistent Income-Generator, Providing Strong Cashflow with Very Low Vacancies and Turnovers. Low Operating Costs. Easy Access to Major Technology Employers in the Mid-Peninsula: Visa, Genentech, EA, Meta, Google, Stanford, etc. Easy Access to El Camino Real, Highway 101, 280. Walkscore: 92. Bike Score: 84. Current CAP Rate: 3.45% / Current GRM: 17.4. Pro-Forma CAP Rate: 4.13% / Pro-Forma GRM: 15.5. Cost Per SF: $556.7/SF.

ML81965208 MLS

Rarely Available Opportunity to Acquire 6 Spacious, Easy-To-Manage 2-Bedroom/1-Bath Units Near Downtown San Mateo. Conveniently-Located Asset Near Downtown San Mateo. Very Easy Access From Highway 101. Desirable Rental Location on 2 Quiet Treelined Streets (S. Fremont and E. 5th Ave). All 2 Bedroom/1 Bath Units (887 SF Each). Walk to San Mateo Cal-Train & Downtown San Mateo. Updated Units w/ Excellent Floorplan. Potential to Add 2 to 3 ADUs. Supply-Constrained. Very Few Small to Midsized Apartments Nearby. Mixed in w/ Single Family Homes. Renovated Apartment Units: All Units Equipped With Dishwasher, Plus Potential to Add In-Unit Washer & Dryers to Boost Rents and NOI. Capital Improvements: Updated Plumbing and Electrical, Dual-Pane Windows, New Water Heaters, New Exterior Painting, New Drought-Resistant Landscaping. Proven, Consistent Income-Generator, Providing Strong Cashflow with Very Low Vacancies and Turnovers. Low Operating Costs. Easy Access to Major Technology Employers in the Mid-Peninsula: Visa, Genentech, EA, Meta, Google, Stanford, etc. Easy Access to El Camino Real, Highway 101, 280. Walkscore: 92. Bike Score: 84. Current CAP Rate: 3.45% / Current GRM: 17.4. Pro-Forma CAP Rate: 4.13% / Pro-Forma GRM: 15.5. Cost Per SF: $556.7/SF.

501 S Fremont ST, San Mateo

Listed by Don Sung, 650-380-5188 from Colliers Parrish International
(If provided) CoList: from

Sold listing courtesy of Clara Wong from CAFH

$2,388,000

849 9th Avenue presents an excellent opportunity to purchase a quadruplex in the heart of San Mateo. The property consists of four large townhome-style residential units, each with two levels, a private one-car garage and storage. Two of the units feature direct access to parking. The central location of the property provides tenants with easy access to the best San Mateo has to offer, including downtown dining, shopping, and entertainment. Also nearby is Central Park, with a host of recreational options. The property location provides convenient commuter access to Caltrain, 101, 92 and 280. The property presents tremendous value and upside.

12 Beds ⋅ ML81963996 MLS

849 9th Avenue presents an excellent opportunity to purchase a quadruplex in the heart of San Mateo. The property consists of four large townhome-style residential units, each with two levels, a private one-car garage and storage. Two of the units feature direct access to parking. The central location of the property provides tenants with easy access to the best San Mateo has to offer, including downtown dining, shopping, and entertainment. Also nearby is Central Park, with a host of recreational options. The property location provides convenient commuter access to Caltrain, 101, 92 and 280. The property presents tremendous value and upside.

849 9th AVE, San Mateo

Listed by Mark Campana, 415-205-4370 from Anchor Realty
(If provided) CoList: from

Sold listing courtesy of Peggy Wang from BLCH

$3,300,000

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.

ML81956855 MLS

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.

1 Hayward AVE, San Mateo

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

$2,675,000

Investment Opportunity! Well located 8 unit building close to downtown San Mateo & Downtown Burlingame. Some of the units have recently been upgraded & building is 100% occupied. Exterior of building recently painted and driveway has been seal coated. Most units have balconies, patios or front yards. This property offers tenants convenient access to transportation, Cal Train Stations & local freeways including Hwy 101 & 280.

ML81935384 MLS

Investment Opportunity! Well located 8 unit building close to downtown San Mateo & Downtown Burlingame. Some of the units have recently been upgraded & building is 100% occupied. Exterior of building recently painted and driveway has been seal coated. Most units have balconies, patios or front yards. This property offers tenants convenient access to transportation, Cal Train Stations & local freeways including Hwy 101 & 280.

361 N Claremont ST, San Mateo

Listed by Robert Guglielmi, 650-269-8516 from SC Properties
(If provided) CoList: Theresa LaJoie from SC Properties

Sold listing courtesy of Neel Bhatia from CBR

$1,950,000

512 19th Avenue is a well-maintained six (6) unit apartment building located in San Mateos "Fiesta Gardens" neighborhood. Originally constructed in 1958, the property is approximately 5,624 square feet of livable space, situated on a 7,830 square foot lot, with a unit mix consisting of (1) two-bedroom/one-bath unit, (4) one-bedroom/one-bath units, and (1) studio. The subject property has been well-maintained over the years with dual-pane windows throughout, rebuilt/reinforced private balconies off the dining rooms of all four (4) upstairs units, and both ground floor units have private fenced-in backyards. Upgrades have included some new kitchens, bathrooms, lighting, and flooring as needed during unit turnover. All units have circuit breakers. Six (6) assigned and covered carport stalls on-site, with six (6) adjacent lockable storage units for each unit. There is a private laundry room with coin-operated washer/dryer for additional landlord income.

ML81935292 MLS ⋅ Fiesta Gardens Homes Association BLDG.

512 19th Avenue is a well-maintained six (6) unit apartment building located in San Mateos "Fiesta Gardens" neighborhood. Originally constructed in 1958, the property is approximately 5,624 square feet of livable space, situated on a 7,830 square foot lot, with a unit mix consisting of (1) two-bedroom/one-bath unit, (4) one-bedroom/one-bath units, and (1) studio. The subject property has been well-maintained over the years with dual-pane windows throughout, rebuilt/reinforced private balconies off the dining rooms of all four (4) upstairs units, and both ground floor units have private fenced-in backyards. Upgrades have included some new kitchens, bathrooms, lighting, and flooring as needed during unit turnover. All units have circuit breakers. Six (6) assigned and covered carport stalls on-site, with six (6) adjacent lockable storage units for each unit. There is a private laundry room with coin-operated washer/dryer for additional landlord income.

512 19th AVE, San Mateo

Listed by Nathan Gustavson, 415-786-9410 from Compass
(If provided) CoList: Cameron Foster from Compass

Sold listing courtesy of Hugo De Hoyos from NTERO

$6,400,000

Marcus & Millichap is honored to present 22 E 20th Avenue, a *15-unit gated complex, located in San Mateo, CA. Constructed in 1972, this asset sits upon a 14,500 square foot lot and commands 13,862 square feet of building area. 22 E 20th Avenue otters fourteen (14) exceptionally large one bed, one-bath units and one non-conforming studio unit which can be utilized for its current income or as an Airbnb unit. The units have received extensive capital improvements and include hardwood flooring, new granite counter tops, new cabinetry, appliances, recessed lighting and more. To further add to their high-quality condition, the units boast recessed lighting throughout, spacious living rooms and large bedrooms.

ML81909356 MLS

Marcus & Millichap is honored to present 22 E 20th Avenue, a *15-unit gated complex, located in San Mateo, CA. Constructed in 1972, this asset sits upon a 14,500 square foot lot and commands 13,862 square feet of building area. 22 E 20th Avenue otters fourteen (14) exceptionally large one bed, one-bath units and one non-conforming studio unit which can be utilized for its current income or as an Airbnb unit. The units have received extensive capital improvements and include hardwood flooring, new granite counter tops, new cabinetry, appliances, recessed lighting and more. To further add to their high-quality condition, the units boast recessed lighting throughout, spacious living rooms and large bedrooms.

22 E 20th AVE, San Mateo

Listed by Fred Rubio, 408-314-3009 from Marcus & Millichap
(If provided) CoList: Mitchell Zurich from Marcus & Millichap

Sold listing courtesy of Cole Simpson from M&MKW