518 19th Ave - Apartments FOR SALE


San Mateo, CA 94403- Hillsdale
$2,450,000 USD
415-670-9888
518 19th Ave, San Mateo, CA for Sale
$2,450,000 USD
Apartments - FOR SALE
1/22
null | 4.03% Cap Rate

518 19th Ave
San Mateo, CA 94403
Hillsdale


HIGHLIGHTS

  • Six of seven units fully renovated with modern interiors.
  • Dual-pane windows throughout for energy efficiency.
  • Stable income with market-aligned rents and upside potential.
  • Prime location near Caltrain, Hillsdale Shopping Center, and Hwy 101.
  • Tenant access to Fiesta Gardens Club House and pool.
  • Covered carport and 1-to-1 parking for all units.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$450 USD /SF

# OF UNITS

7

PRICE/UNIT

$350,000

CAP RATE

4.03%

% 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

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R-3

APN/PARCEL ID

035-331-080

ASK ABOUT THIS PROPERTY

Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

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

Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

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