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Introducing the San Mateo Residential Portfolio a rare opportunity to acquire a strategically located, easily managed set of multi-residential properties in the heart of Downtown San Mateo. The portfolio includes three single-family homes and a cottage, all tenant-occupied on month-to-month leases, providing immediate income with flexibility. Professionally managed by a reputable local firm, the three contiguous parcels span nearly one acre of R2-zoned land with strong redevelopment potential (buyer to verify). Situated just steps from Central Park, Caltrain, top-rated dining, boutique shopping, theaters, banks, fitness centers, and freeway access, the location offers unmatched convenience. Downtown San Mateo is experiencing rapid growth and revitalization, making this an ideal opportunity for investors seeking long-term value, passive income, and future development upside in one of the Peninsula's most dynamic markets. ***Note: All homes in this portfolio are currently Tenant occupied - "Please kindly do not disturb" Thank you!***
Property Type(s):
Residential Income
| Last Updated | 5/1/2025 | Year Built | 1908 |
|---|---|---|---|
| Community | Not Defined | Garage Spaces | 2.0 |
| County | San Mateo |
SCHOOLS
| School District | Other |
|---|
Additional Details
| AIR | Gas |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Not Defined |
| GARAGE | Off Street, Yes |
| HEAT | Fireplace(s), Wall Furnace |
| LOT | 0.58 acre(s) |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| TAXES | 32236 |
| WATER | Public |
| ZONING | RM0004 |
Location
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Listed with RE/MAX Gold Redwood Shores.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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