1931 Palm Avenue San Mateo, CA 94403
MLS LogoListed by MLSlistings Inc. / Los Gatos / Steve Guzzetti - Contact:  408-393-4647

  1931 Palm Avenue San Mateo, CA 94403

Active (1 Days)
$1,750,000

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.

MLS #:
ML82020858
Taxes
$23,568
Lot Size
4,750 SQFT
Type
Multifamily
Year Built
1955
Style
Bungalow
School District
938
County
San Mateo County

Listed By

Steve Guzzetti, DRE #01777838, Los Gatos, Contact: 408-393-4647
Source
MLSlistings Inc.
Last checked Sep 10 2025 at 10:24 AM GMT+0000
Bathroom Details
Interior Features
  • Hookups Only
Kitchen
  • Garbage Disposal
  • Dishwasher
  • Oven Range
  • Refrigerator
Property Features
  • Foundation: Concrete Perimeter and Slab
Heating and Cooling
  • Wall Furnace
  • None
Flooring
  • Tile
  • Carpet
  • Vinyl / Linoleum
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Individual Gas Meters, Individual Electric Meters, Water - Individual Water Meter
  • Sewer: Sewer Connected, Sewer In Street
  • Energy: Double Pane Windows
School Information
  • Elementary School: Sunnybrae Elementary
  • Middle School: Borel Middle
  • High School: Aragon High
Garage
  • Attached Garage
Stories
  • 1
Living Area
  • 2,137 sqft
Additional Information: Los Gatos | 408-393-4647
Location
   
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