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Listed by Leon D'Aquino • RE/MAX Gold Redwood Shores.
$ 6,500,000
Est. payment | /mo
2,030 SqFt
$ 6,500,000
Est. payment | /mo
2,030 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,030 sqft
Price per Sqft $3,201
MLS Listing ID ML82004982
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1908
Lot Size 0.575 Acres
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
Interior
Heating Wall Furnace
Cooling Central Air, Other
Fireplace No
Building
Water Public
Schools
School District San Mateo Union High, San Mateo-Foster City Elementary
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