Bungalow

1927 Palm Avenue

San Mateo , CA 94403

MLS#: ML82020863

$1,750,000

Status: Active
Listing number: ML82020863
Listing provided by: Intero Real Estate Services
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1954

Sq.Footage

2,137

1927-1929 Palm Ave Duplex represents a very attractive investment and outstanding opportunity for the savvy investor. Located in a very desirable and sought after rental submarket, this duplex offers value-add upside through unit upgrades and rental repositioning. The units have been well maintained and have superior tenant profiles affording stable income and worry free operation. All units feature spacious 2 bedroom and 1 bathroom units featuring their own water heater. There is a common backyard for relaxing and entertaining and separate 1 car attached garages which include washer and dryer hookups. The units also boast dual pane windows and all utilities (PG&E & Water) are separately metered. Near Central Park and the vibrant downtown scene with nearby dining and shopping. CalTrain, Highways 101 and 92 are just minutes away with SFO and Bart less than 10 miles away as well. 1931 & 1933 Palm Ave duplexes are just across the beautiful paver driveway/courtyard and are also for sale by the same owner. These two duplexes can be sold in combination or separately via a driveway easement and maintenance agreement. The last set of interior photos are of 1927 when it was vacant.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.109

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Bungalow

Price

  • Sales Price

    $1,750,000

  • Tax Amount

    23268.0

  • Sq. Footage

    2, 137

  • Price/SqFt

    $818

HOA

  • Association

    No

School District

  • Elementary School

    Other

  • Middle School

    Other

  • High School

    Aragon

Property Features

  • Stories

    1

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

San Mateo

Elementary School

Other

Middle School

Other

High School

Aragon

Listing Courtesy of Stephen Guzzetti , Intero Real Estate Services

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
1927-1929 Palm Ave Duplex represents a very attractive investment and outstanding opportunity for the savvy investor. Located in a very desirable and sought after rental submarket, this duplex offers value-add upside through unit upgrades and rental repositioning. The units have been well maintained and have superior tenant profiles affording stable income and worry free operation. All units feature spacious 2 bedroom and 1 bathroom units featuring their own water heater. There is a common backyard for relaxing and entertaining and separate 1 car attached garages which include washer and dryer hookups. The units also boast dual pane windows and all utilities (PG&E & Water) are separately metered. Near Central Park and the vibrant downtown scene with nearby dining and shopping. CalTrain, Highways 101 and 92 are just minutes away with SFO and Bart less than 10 miles away as well. 1931 & 1933 Palm Ave duplexes are just across the beautiful paver driveway/courtyard and are also for sale by the same owner. These two duplexes can be sold in combination or separately via a driveway easement and maintenance agreement. The last set of interior photos are of 1927 when it was vacant.

1927 Palm Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Large Duplex on corner lot near Downtown San Mateo and close proximity to Caltrain Station. Two identical one-bedroom, one-bath units. Spacious Split Level Floor Plan: -Downstairs: Formal entry, large living room, dining room with built-ins, kitchen with nook/office -Upstairs: 1 Bedroom with balcony, and 1 Bathroom. Large one-car garage with interior access, opener, and separate laundry area with washer dryer hook-ups and basement area. Lovely landscaped private yards one with fruit trees. Units are individually metered. Built in 1940. 2,623 square feet on a 5,060 square foot lot per county assessor. This property falls within the San Mateo-Foster City Elementary School District. Perfect for those seeking comfort and convenience in a desirable location!
#ML82023938

San Mateo

305 Catalpa Street

None Beds

None Baths

2,623 Sq.Ft.

$1,495,000

MLS#: ML82023938

Welcome to 53-55 E 39th Street, a rare and spacious duplex located in the heart of San Mateo. This versatile property offers an incredible opportunity for investors, multi-generational living, or owner-occupants seeking additional rental income. The front unit features 3 bedrooms and 2 bathrooms with a generous layout ideal for a family or primary residence, while the rear unit offers 2 bedrooms and 1 bathroom, perfect for a small family. Each unit enjoys its own private entrance, garage, indoor laundry, and access to outdoor yard space. Interiors are bright and well-maintained, with hardwood flooring and updated kitchens throughout. Not to mention each unit has its own oversized back yard, bringing in additional cashflow for investors. Located on a quiet, tree-lined street just minutes from Hillsdale Shopping Center, Caltrain, top-rated schools, and an array of dining and retail options, this property offers a perfect blend of comfort, convenience, and long-term value. Easy access to Highways 92, 101, and El Camino Real makes commuting a breeze. Whether you're looking to live in one unit and rent the other, or add a high-quality asset to your real estate portfolio, 53 E 39th Street presents a rare and rewarding opportunity in one of the Peninsulas most desirable locations.
#ML82014377

San Mateo

53 E 39th Avenue

None Beds

None Baths

2,962 Sq.Ft.

$1,999,888

MLS#: ML82014377

Rare Investment Opportunity in Prime San Mateo Location! Ideally located between Downtown Burlingame and Downtown San Mateo, this well-maintained duplex, with additional unit, offers flexibility for investors, multi-generational living, or owner-occupants. The property includes a 2BR/1BA upper unit, 3BR/1BA middle unit, and a 1BR/1BA studio all currently rented month-to-month with a combined monthly income of $7,350 (utilities not included). Features include updated interiors, newer carpet, tile flooring, crown molding, and abundant natural light. Select units offer stainless steel appliances. Recent upgrades: composite roof, skylights, fresh interior/exterior paint, and updated sewer lateral. Shared laundry, dedicated storage closets, and open parking for 3 vehicles enhance functionality. Large lot may offer ADU potential (buyer to verify with City of San Mateo). Convenient, walkable location near Caltrain, top schools, parks, trails, and a wide variety of shops and restaurants. Live in one unit and rent the others, or enjoy solid rental income from all three. A rare and versatile opportunity in a sought-after neighborhood!
#ML82021482

San Mateo

119 E Poplar Avenue

None Beds

None Baths

2,490 Sq.Ft.

$1,598,000

MLS#: ML82021482

1931-1933 Palm Ave Duplex represents a very attractive investment and outstanding opportunity for the savvy investor. Located in a very desirable and sought after rental submarket, this duplex offers value-add upside through unit upgrades and rental repositioning. The units have been well maintained and have superior tenant profiles affording stable income and worry free operation. All units feature spacious 2 bedroom and 1 bathroom units featuring their own water heater. There is a common backyard for relaxing and entertaining and separate 1 car attached garages which include washer and dryer hookups. The units also boast dual pane windows and all utilities (PG&E & Water) are separately metered. Near Central Park and the vibrant downtown scene with nearby dining and shopping. CalTrain, Highways 101 and 92 are just minutes away with SFO and Bart less than 10 miles away as well. 1927 & 1929 Palm Ave duplexes are just across the beautiful and functional paver driveway/courtyard and are also for sale by the same owner. These two duplexes can be sold in combination or separately via a driveway easement and maintenance agreement. This duplex is 100% leased up.
#ML82020858

San Mateo

1931 Palm Avenue

None Beds

None Baths

2,137 Sq.Ft.

$1,750,000

MLS#: ML82020858

Marketing Package and additional information available upon request. 127 & 133 N Delaware Street consists of two adjoining duplexes that are available for purchase separately or together.
#ML82017678

San Mateo

127 N Delaware Street

None Beds

None Baths

2,042 Sq.Ft.

$1,600,000

MLS#: ML82017678

Marketing Package and additional information available upon request. 127 & 133 N Delaware Street consists of two adjoining duplexes that are available for purchase separately or together.
#ML82017679

San Mateo

133 N Delaware Street

None Beds

None Baths

2,042 Sq.Ft.

$1,600,000

MLS#: ML82017679

Marketing Package Available Upon Request -- Turn-Key with Significant Income Upside! This 3 unit building is exceptionally well located in the beautiful Aragon neighborhood of San Mateo. Each unit has a remodeled kitchen, a living room and formal dining room. The lower unit (Unit 1) is 2 bedrooms with exposed hardwood floors and remodeled bathroom. This was the owner's unit until last year. The upper units have wall to wall carpeting. Unit 2 has a remodeled bathroom and Unit 3 has an original bathroom. There is a side yard with mature landscaping and artificial turf and deck area and a backyard space for relaxing and bar-b-cuing. The tenants share a washer and dryer on the main level and a washer on the upper level and they have interior access to the 3 car attached garage. Each tenant has their own space and they can also park in their driveways.
#ML82015833

San Mateo

6 Avila Road

None Beds

None Baths

3,724 Sq.Ft.

$2,098,000

MLS#: ML82015833

Price reduced
Rare turnkey tutor style fourplex situated on a large 7,591 SqFt lot in one of the Bay Area's most coveted submarkets. Opportunity for owner-occupancy with up to 80% LTV conventional financing. Low cost alternative to a single family home. Three studio units and one 2-bed/1-bath unit. Two vacant fully remodeled units - a rear cottage studio and a 2-Bed/1-Bath flat - both with in-unit laundry. Substantial capital improvements completed including new electrical wiring and sub-panels, copper plumbing throughout, roof (2017), fencing, asphalt and concrete, and three units completely remodeled with high-end finishes. Two studios are rented, one of which is fully remodeled. An ADU consultancy's pre-feasibility study indicates that up to 5 ADU units can be added which would drive substantial income and appreciation. There are 2 private 1-car garages and 5 uncovered parking spaces. Monthly rent: $9,965 (scheduled), $10,885 (proforma). The strong rent growth, shortage of housing units, proximity to large Silicon Valley employers, and ADU potential make 315 Grand Boulevard an exceptional investment for both the cash flow and appreciation-minded investor. The adjacent triplexes at 321 Grand Blvd and 327 Grand Blvd are also available for sale.
#ML82015184

San Mateo

315 Grand Boulevard

None Beds

None Baths

2,410 Sq.Ft.

$1,888,000

MLS#: ML82015184

Rare turnkey tutor style fourplex situated on a large 7,591 SqFt lot in one of the Bay Area's most coveted submarkets. Opportunity for owner-occupancy with up to 80% LTV conventional financing. Low cost alternative to a single family home. Three studio units and one 2-bed/1-bath unit. Two vacant fully remodeled units - a rear cottage studio and a 2-Bed/1-Bath flat - both with in-unit laundry. Substantial capital improvements completed including new electrical wiring and sub-panels, copper plumbing throughout, roof (2017), fencing, asphalt and concrete, and three units completely remodeled with high-end finishes. Two studios are rented, one of which is fully remodeled. An ADU consultancy's pre-feasibility study indicates that up to 5 ADU units can be added which would drive substantial income and appreciation. There are 2 private 1-car garages and 5 uncovered parking spaces. Monthly rent: $9,965 (scheduled), $10,885 (proforma). The strong rent growth, shortage of housing units, proximity to large Silicon Valley employers, and ADU potential make 315 Grand Boulevard an exceptional investment for both the cash flow and appreciation-minded investor. Offering memorandum, disclosures, walkthrough video, and Matterport tours available.
#ML82014445

San Mateo

315 Grand Boulevard

None Beds

None Baths

2,410 Sq.Ft.

$1,950,000

MLS#: ML82014445

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here