Homes for sale - 94 E 39th AVE, San Mateo, CA 94403

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Thomas Nguyen

thomas@thomasnguyenre.com +1(949) 371-5868

$ 2,048,000

Est. payment | -/mo

2,520 SqFt

Save

$ 2,048,000

Est. payment | -/mo

Save

2,520 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $812

MLS Listing ID ML82017012

HOA Y/N No

Year Built 1954

Annual Tax Amount $23,067

Lot Size 6,102 Sqft

Property Sub-Type Quadruplex

Property Description

94 East 39th Avenue is beautifully updated four (4) unit multifamily asset in a prime San Mateo location, ideal for investors or owner-users. Located in the quiet San Mateo Village neighborhood just five (5) blocks from Hillsdale Shopping Center, the property features four spacious 1-Bedroom/1-Bath units (~630 sqft), all tastefully renovated with quartz countertops, updated appliances, modern flooring, and upgraded electrical. His-and-hers closets and individual water heaters add comfort, ample hot water and convenience for the tenants. --- Situated on a 6,101 square foot lot, the building includes four (4) covered carport, a bonus side yard with potential for added parking or storage, and an on-site laundry room with owned washer/dryer machines for additional income. --- Tenants enjoy proximity to Hillsdale Mall, Trader Joes, Whole Foods, and multiple public parks. The property provides easy access and is a short walk to El Camino Real, Hwy 92, Hwy 101, and Caltrain. Current annual income exceeds $113,000/year with an in place 3.41% cap rate and 18.12 GRM. A strong rental location with upside potential in a desirable mid-Peninsula submarket.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning Multifamily Residential

Interior

Heating Wall Furnace

Flooring Carpet, Laminate

Fireplace No

Appliance Gas Cooktop, Refrigerator

Exterior

Parking Features Carport

Carport Spaces 4

View Y/N No

Roof Type Composition,Fiberglass,Shingle

Accessibility None

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Hillsdale

School District Other

Others

Tax ID 040072010

Special Listing Condition Standard

Listed by Nate Gustavson Compass

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 371-5868

thomas@thomasnguyenre.com

17595 Harvard Ave Suite C-196, Irvine, CA, 92614

94 E 39th AVE San Mateo, CA 94403