1931 Palm Avenue, San Mateo, CA 94403
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1931 Palm Avenue,San Mateo, CA 94403
$1,688,000
- 4 Beds
- - Baths
- 2,137 sq. ft.
- Multi-family
- Active
Listed by: stephen guzzetti
Office: intero real estate services
MLS#:ML82034011
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,688,000
- Price per sq. ft.:$789.89
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. NEW Sewer Laterals! Please DO NOT go on the property!
Contact an agent
Home facts
- Year built:1955
- Listing ID #:ML82034011
- Added:158 day(s) ago
- Updated:February 15, 2026 at 02:32 AM
Rooms and interior
- Bedrooms:4
- Living area:2,137 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1955
- Building area:2,137 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$1,688,000
- Price per sq. ft.:$789.89
New listings near 1931 Palm Avenue
- New
$625,000Active1 beds 1 baths831 sq. ft.707 Fathom Drive #208, San Mateo, CA 94404
MLS# ML82034937Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SERENO - New
$1,495,000Active2 beds 3 baths1,730 sq. ft.701 2nd Avenue #2, San Mateo, CA 94401
MLS# ML82034923Listed by: EXP REALTY OF CALIFORNIA INC - New
$3,680,000Active3 beds 3 baths2,659 sq. ft.195 Warren Road, SAN MATEO, CA 94401
MLS# 82034909Listed by: KW ADVISORS - New
$1,399,000Active3 beds 4 baths1,710 sq. ft.2862 Baze Road, San Mateo, CA 94403
MLS# ML82034933Listed by: KW ADVISORS - New
$1,288,888Active2 beds 2 baths2,036 sq. ft.50 Mounds Road #108, San Mateo, CA 94402
MLS# ML82034916Listed by: COLDWELL BANKER REALTY - Open Sun, 1:30 to 4pmNew
$1,698,000Active-- beds -- baths2,490 sq. ft.119 Poplar Avenue, SAN MATEO, CA 94401
MLS# 82034497Listed by: KELLER WILLIAMS PALO ALTO - New
$1,199,000Active2 beds 2 baths1,348 sq. ft.111 Saint Matthews Ave #304, San Mateo, CA 94401
MLS# 41123868Listed by: COMPASS - New
$825,000Active2 beds 1 baths967 sq. ft.633 Highland Avenue #1, San Mateo, CA 94401
MLS# ML82034848Listed by: COLDWELL BANKER REALTY - New
$599,000Active1 beds 1 baths657 sq. ft.2655 Edison Street #102, San Mateo, CA 94403
MLS# ML82034780Listed by: GILMARTIN GROUP - New
$519,000Active1 beds 1 baths659 sq. ft.711 S Bayshore Boulevard #29, San Mateo, CA 94402
MLS# ML82034796Listed by: KW ADVISORS