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$ 6,500,000
Est. payment | /mo
12 Beds
2,030 SqFt
$ 6,500,000
Est. payment | /mo
12 Beds
2,030 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,030 sqft
Price per Sqft $3,201
MLS Listing ID ML82004982
Bedrooms 12
HOA Y/N No
Year Built 1908
Lot Size 0.575 Acres
Acres 0.58
Property Sub-Type OTHER
Property 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!***
Location
State CA
County San Mateo
Zoning RM00
Interior
Heating Wall Furnace
Cooling Central Air, Other
Fireplace No
Building
New Construction No
Schools
School District San Mateo Union High
Others
Tax ID 032335050
Virtual Tour https://www.tourfactory.com/idxr3204089
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Leon D'Aquino • RE/MAX Gold Redwood Shores.