34 W 38th Ave - Multi-Family FOR SALE


San Mateo, CA 94403- Sugarloaf
$1,650,000 USD
650-274-5227
34 W 38th Ave, San Mateo, CA for Sale
$1,650,000 USD
Multi-Family - FOR SALE
1/15
null | Request Cap Rate

34 W 38th Ave
San Mateo, CA 94403
Sugarloaf


HIGHLIGHTS

  • Prime Southeast Hillsdale duplex
  • Walking distance to Hillsdale Shopping Center and the newly improved Hillsdale Caltrain station
  • Best-in-class neighborhood amenities, easy commuter access, and major planned redevelopment activity create durable rental demand and long-term value
  • San Mateo and the surrounding Peninsula host a dense cluster of technology, healthcare and professional employers (local tech/software firms, medical
  • The local employer base supports strong demand for high profile rentals that are salaried, commuting professionals.?

OVERVIEW

Pride of Ownership Duplex in Prestigious Hillsdale Neighborhood bordering Westwood Knolls. First time on the market in over 45 years! Excellent opportunity for owner-occupier or investor. Nicest property on the street strategically positioned on an oversized corner lot. Beautiful mature landscaping creates attractive curb appeal. Two very well maintained homes with private yard areas. Each home offers a private garage that includes a washer & dryer. Upgraded electrical system and newer water heaters. Opportunity to convert garage space into ADU! Prime location walking distance to Hillsdale Shopping Center and the newly improved Hillsdale Caltrain station. Best-in-class neighborhood amenities, easy commuter access, and major planned redevelopment activity create durable rental demand and long-term value capture. Hillsdale Shopping Center is a full-service retail destination with 130+ stores, a modern dining terrace and a luxury cinema, offering everyday conveniences and lifestyle retail minutes from the property.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$646 USD /SF

# OF UNITS

2

PRICE/UNIT

$825,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

34 + 36 W 38th St DUPLEX

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,079 SF

ZONING

R3-M

APN/PARCEL ID

042-161-220

ASK ABOUT THIS PROPERTY

Bryan DanforthCompass CommercialMore Info
650-274-5227

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Bryan DanforthCompass CommercialMore Info
650-274-5227

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