1101 Tilton Ave - Apartments FOR SALE


San Mateo, CA 94401- North Central
$4,998,000 USD
650-888-7696
1101 Tilton Ave, San Mateo, CA for Sale
$4,998,000 USD
Apartments - FOR SALE
1/8
null | 5.14% Cap Rate

1101 Tilton Ave
San Mateo, CA 94401
North Central


HIGHLIGHTS

  • Exceptional Mid-Peninsula Investment Opportunity – Investors have the opportunity to acquire a well- located asset in a desirable Bay Area location.
  • Prime Location - Residents are within walking distance to San Mateo Central Park and Downtown San Mateo .
  • Convenient Access to Transportation Corridors - The subject property provides convenient access to major transportation corridors.
  • Proximity to Nation’s Top Employers – Throughout the Bay Area and Silicon Valley, there are many renown employers.
  • Twelve-unit apartment community in San Mateo's Peninsula market.
  • Located near Downtown San Mateo and Central Park.

OVERVIEW

1101 Tilton Avenue is a 12-unit multifamily investment opportunity located in San Mateo, one of the Peninsula's most established and desirable residential markets. Originally constructed in 1954, the property features thoughtfully designed one-bedroom residences within a well-maintained apartment community. Positioned on an 8,562-square-foot parcel, the asset benefits from a location that continues to attract residents seeking convenient access to employment centers, transportation infrastructure, and lifestyle amenities throughout the Bay Area. Situated between San Francisco and Silicon Valley, San Mateo offers a dynamic mix of employment, retail, dining, and recreational opportunities. The property is located within close proximity to Downtown San Mateo and Central Park, providing residents access to a vibrant collection of restaurants, shops, entertainment venues, and community amenities. Connectivity is further enhanced by convenient access to U.S. Highway 101, State Route 92, El Camino Real, and the San Mateo Caltrain Station, creating efficient travel options throughout the Peninsula and greater Bay Area. The surrounding region is home to a concentration of leading technology, financial, healthcare, and professional service employers, supporting long-term housing demand. San Mateo's established residential neighborhoods, transportation accessibility, and proximity to major employment centers continue to make the city a sought-after location for renters and investors alike. Combining an infill Peninsula location with access to significant economic drivers and everyday conveniences, 1101 Tilton Avenue presents an opportunity to acquire a multifamily asset in one of Northern California's most supply-constrained housing markets.

FOR SALE DETAILS

PRICE

$4,998,000 USD

PRICE/SF

$644 USD /SF

# OF UNITS

12

PRICE/UNIT

$416,500

CAP RATE

5.14%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,489 SF

ZONING

R3

APN/PARCEL ID

033-121-070

ASK ABOUT THIS PROPERTY

Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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Cole SimpsonMarcus & MillichapMore Info
650-888-7696

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.