Description
Introducing the san mateo residential portfolio a rare opportunity to acquire a strategically located, easily managed set of multi-residential properties in the heart of downtown san mateo. the portfolio includes three single-family homes and a cottage, all tenant-occupied on month-to-month leases, providing immediate income with flexibility. professionally managed by a reputable local firm, the three contiguous parcels span nearly one acre of r2-zoned land with strong redevelopment potential (buyer to verify). situated just steps from central park, caltrain, top-rated dining, boutique shopping, theaters, banks, fitness centers, and freeway access, the location offers unmatched convenience. downtown san mateo is experiencing rapid growth and revitalization, making this an ideal opportunity for investors seeking long-term value, passive income, and future development upside in one of the peninsula's most dynamic markets. ***note: all homes in this portfolio are currently tenant occupied - "please kindly do not disturb" thank you!***
Property Type
Residential IncomeCounty
San MateoStyle
Residential IncomeAD ID
49571824
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
Cooling Features
- Gas
- Air Conditioning
Heating Source
- Fireplace(s),Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1908
- Building Area Total: 2,030
- Roof: Shingle
Security Features
- Security Guard
Accessibility Features
- Parking
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.5751
- Lot Size Source: Assessor
- Lot Size Square Feet: 25050
-
Listing Information
Listing Price Information
- Original List Price: 6,500,000
- Listing Contract Date: 2025-05-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 032335050
- Annual Tax: 32236
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Off Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Zoning: RM0004
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Mixed Use
Building and Construction
- Property Age: 117
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Total Square Feet Living: 2030
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BuyOwner last updated this listing 05/05/2025 @ 02:19
- MLS: ML82004982
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 2,030 sqft, 25,050 sized lot, and 2 parking. are nearby neighborhoods.