1015 10th Ave - Multi-Family FOR SALE


San Mateo, CA 94402- Hayward Park
$1,725,000 USD
1015 10th Ave, San Mateo, CA for Sale
$1,725,000 USD
Multi-Family - FOR SALE
1/26
null | 3.4% Cap Rate

1015 10th Ave
San Mateo, CA 94402
Hayward Park


HIGHLIGHTS

  • Rare Mid-Peninsula Duplex
  • Desirable Neighborhood Location
  • Desirable Floor Plan
  • Close Proximity to Downtown San Mateo

OVERVIEW

Open House 5/14/26 (Thursday) from 12noon-1pm. Both units will be available for showing. For additional information please contact Cole Simpson at 650-888-7696 or Cole.Simpson@marcusmillichap.com Rare vacant Duplex within 0.5 miles from downtown San Mateo. 1015-1017 10th Ave is a well-situated duplex located in the thriving city of San Mateo. Situated on a 4,800 square foot parcel of land, the subject property was originally constructed in 1939 and has a gross building area of approximately 2,799 square feet, offering its tenants beautifully designed two-bedroom single-family floor plans. Tenants enjoy the privacy of single-family living with no shared walls and convenient amenities such as private garage parking and individual fenced backyards. 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 many street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center. The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Peninsula, 1015-1017 10th Ave presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$616 USD /SF

# OF UNITS

2

PRICE/UNIT

$862,500

CAP RATE

3.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1015-1017 10th Ave, San Mateo, CA 94402

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

033-322-180

ASK ABOUT THIS PROPERTY

Cole SimpsonMarcus & MillichapMore Info

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Cole SimpsonMarcus & MillichapMore Info

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