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$2,098,000

Est. payment - /mo

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3 BD

2 BA

5,016 SqFt

Pending

411 N San Mateo DR San Mateo, CA 94401

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Xavier Williams

[email protected] +1(408) 774-4300

UPDATED:

01/17/2025 03:11 PM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $418

MLS Listing ID ML81983762

Bedrooms 3

Full Baths 2

Year Built 1954

Lot Size 6,050 Sqft

Property Description

411 N San Mateo Dr is an exceptional 5-unit multifamily asset located in the thriving city of San Mateo, California. Situated on a 6,050 square foot parcel of land, the subject property was originally constructed in 1954 and has a gross building area of approximately 5,016 square feet, offering tenants beautifully designed two-bedroom and one-bedroom floor plans. Tenants enjoy convenient community amenities such as private garage parking and an on-site laundry facility. Additionally the subject property has undergone major capital improvements including modern renovations of select units and an upgraded electrical system throughout. San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the numerous street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center.

Location

State CA

County San Mateo

Area Eastern Addition/Downtown Area

Zoning E2-1.5

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Attached Garage

Garage Spaces 4.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 032-173-090

Security Features None

Special Listing Condition Not Applicable

Listed by Robert Johnston • Marcus & Millichap

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

"It's your money, and you're going to be making the payments on your new home (not me). Let's take the time to find the right fit, for you, at your pace! "

+1(408) 774-4300

[email protected]

5450 Thornwood Dr Ste F, San Jose, California, 95123, USA