500 N San Mateo Dr - Apartments FOR SALE


San Mateo, CA 94401- North Central
$5,100,000 USD
650-269-5637
500 N San Mateo Dr, San Mateo, CA for Sale
$5,100,000 USD
Apartments - FOR SALE
1/17
null | 3.82% Cap Rate

500 N San Mateo Dr
San Mateo, CA 94401
North Central


HIGHLIGHTS

  • Central Peninsula Location, Convenient to both San Francisco & Silicon Valley Job Markets
  • Excellent Opportunity to Acquire a Core Apartment Property in a Dynamic Location
  • Transit Oriented Location - Walking Distance to Bus Lines & Caltrain

OVERVIEW

Kidder Mathews is pleased to present 500 N San Mateo Drive, in San Mateo California. 500 N San Mateo drive is an exceptional 13-unit apartment building located in North San Mateo in a quiet residential neighborhood block, minutes from downtown San Mateo. This 13-unit apartment community is strategically positioned in the heart of San Mateo, one of the most desirable submarkets in the San Francisco Bay Area. Located midway between San Francisco and Silicon Valley, San Mateo offers residents unmatched access to major employment centers, top-tier schools, and abundant lifestyle amenities. The property benefits from close proximity to Highway 101, Interstate 280, and Caltrain, providing excellent connectivity throughout the Peninsula and beyond.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$342 USD /SF

# OF UNITS

13

PRICE/UNIT

$392,308

CAP RATE

3.82%

% 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

1961

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,948 SF

ZONING

-

APN/PARCEL ID

032-162-220

ASK ABOUT THIS PROPERTY

David CutlerKidder MathewsMore Info
650-269-5637

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David CutlerKidder MathewsMore Info
650-269-5637

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