1931 Palm Avenue, San Mateo, CA 94403
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1931 Palm Avenue,San Mateo, CA 94403
$1,750,000
- - Beds
- - Baths
- 2,137 sq. ft.
- Multi-family
- Active
Listed by:stephen guzzetti
Office:intero real estate services
MLS#:ML82020858
Source:CRMLS
Price summary
- Price:$1,750,000
- Price per sq. ft.:$818.91
About this home
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.
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Home facts
- Year built:1955
- Listing ID #:ML82020858
- Added:6 day(s) ago
- Updated:September 16, 2025 at 01:37 PM
Rooms and interior
- Living area:2,137 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1955
- Building area:2,137 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Aragon
- Middle school:Other
- Elementary school:Other
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$818.91
- Tax amount:$23,568
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