Located in a quiet residential pocket just south of downtown San Mateo, 518 19th Avenue presents a rare opportunity to acquire a stabilized, income-producing multifamily asset with clear upside. The property features a desirable mix of four spacious one-bedroom units and three studio apartments, six of which have been fully renovated with modern finishes and dual-pane windows. Covered carport parking and 1-to-1 parking for all units add convenience and value.
Tenants benefit from proximity to Caltrain, El Camino Real, and major highways including 101, 280, and 92, offering seamless access to Silicon Valley and the broader Peninsula. The surrounding neighborhood is a blend of single-family homes and small apartment buildings, with top-rated schools, parks, and retail destinations like Hillsdale Shopping Center and Fashion Island nearby.