San Mateo, CA 94403,1931 Palm AVE
San Mateo, CA 94403,1931 Palm AVE
San Mateo, CA 94403,1931 Palm AVE
San Mateo, CA 94403,1931 Palm AVE
San Mateo, CA 94403,1931 Palm AVE
San Mateo, CA 94403,1931 Palm AVE
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$ 1,750,000
Est. payment | /mo

2,137 SqFt


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$ 1,750,000
Est. payment | /mo
Save

2,137 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,137 sqft

Price per Sqft $818

MLS Listing ID ML82020858

HOA Y/N No

Year Built 1955

Annual Tax Amount $23,568

Lot Size 4,748 Sqft

Property Sub-Type Duplex

Property Description

1931-1933 Palm Ave Duplex represents a very attractive investment and outstanding opportunity for the savvy investor. Located in a very desirable and sought after rental submarket, this duplex offers value-add upside through unit upgrades and rental repositioning. The units have been well maintained and have superior tenant profiles affording stable income and worry free operation. All units feature spacious 2 bedroom and 1 bathroom units featuring their own water heater. There is a common backyard for relaxing and entertaining and separate 1 car attached garages which include washer and dryer hookups. The units also boast dual pane windows and all utilities (PG&E & Water) are separately metered. Near Central Park and the vibrant downtown scene with nearby dining and shopping. CalTrain, Highways 101 and 92 are just minutes away with SFO and Bart less than 10 miles away as well. 1927 & 1929 Palm Ave duplexes are just across the beautiful and functional paver driveway/courtyard and are also for sale by the same owner. These two duplexes can be sold in combination or separately via a driveway easement and maintenance agreement. This duplex is 100% leased up.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R20000

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Exterior

Garage Spaces 1.0

Garage Description 1.0

View Y/N No

Roof Type Composition

Accessibility Parking

Total Parking Spaces 2

Building

Story 1

Architectural Style Bungalow

Schools

Elementary Schools Other

Middle Schools Other

High Schools Aragon

School District Other

Others

Tax ID 035231140

Special Listing Condition Standard

CRMLS – RECore
Listed by Stephen Guzzetti Intero Real Estate Services

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Kristine Marquez
Kristine Marquez

Agent | License ID: 02151470

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1931 Palm AVE