58 E 39th Ave - Apartments FOR SALE


San Mateo, CA 94403- Hillsdale
$2,395,000 USD
650-465-4028
58 E 39th Ave, San Mateo, CA for Sale
$2,395,000 USD
Apartments - FOR SALE
1/75
null | Request Cap Rate

58 E 39th Ave
San Mateo, CA 94403
Hillsdale


HIGHLIGHTS

  • Large lot
  • Renovated in 2016
  • New duplex roof
  • Ample parking
  • Seperatley metered utilities

OVERVIEW

Don't miss out on this incredible investment opportunity in the heart of San Mateo! This multi-family property offers a total of 5,740 square feet of living space on a generous 13,500 square foot lot. The property features a beautifully remodeled duplex, each unit offering 2 bedrooms and 2 baths with tasteful finishes throughout. TPO roof on the duplex was installed in 2025, and the sewer lateral was replaced in 2024. The duplex and single-family home have separate utilities. Additionally, there is a spacious 3,500 square foot single-family home with two stories and a basement, providing ample space for a large family. Built in 1935 and recently remodeled in 2016, this property is equipped with modern amenities and individually metered units. The private yards offer a secluded outdoor space for each unit. Located in a desirable neighborhood, this property provides convenient access to Bay Meadows, Hilldale Mall, local schools, parks, and dining options. With parking available in the carport and on the street, tenants will never have to worry about finding a space. Offered at $2,395,000, this multi-family property is the perfect opportunity for investors or those looking to live in one unit and rent out the others. Don't miss out on this rare find—contact us today for more information and to schedule a showing!

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$417 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,197,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

R3, San Mateo

APN/PARCEL ID

040-072-280

ASK ABOUT THIS PROPERTY

Chris GiotinisSC PropertiesMore Info
650-465-4028

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Chris GiotinisSC PropertiesMore Info
650-465-4028

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