Search
Renovated 6-Unit Apartment Building
For Sale
$3,600,000

108 Hobart Avenue San, San Mateo, CA 94402

Mostly updated residences offer home-like layouts, select in-unit laundry, private outdoor areas, and covered and uncovered parking.

Property SizeContact for details
Days on Market83

Property Features for 108 Hobart Avenue San

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Amenities

in-unit washer/dryer
hardwood floors
patio decks
private backyard
Wall Furnace
Washer/Dryer - Some Units
Public Utilities, Water - Public, Composition

Building Details

Year Built 1948
Listing Agency: Cornish & Carey Commercial
Listed By: Steve Zirelli · License #01929245
Source: Kw
Added: Jun 20 Changed: Sep 8 Last Checked: Sep 9 at 8:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cornish & Carey Commercial

Investment Insights

Based on property information with market context.

This 6-unit apartment property at 108 Hobart Avenue includes six 2-bedroom, 1-bath residences. Five units have been renovated with new cabinetry, granite countertops, stainless appliances, updated bathrooms, and hardwood flooring. Three apartments include in-unit washer and dryer connections or equipment. Two units offer patio decks, while another has a large private backyard.

Property improvements include a new roof, gutters, and downspouts, along with poured-concrete parking curbing and pavers across the rear portion of the site. More than 10 off-street parking spaces are provided in covered and uncovered configurations. The property is west of El Camino and has public water and other public utilities. Built in 1948, the building also features wall furnaces.

Key Highlights

  • Six 2‑bedroom, 1‑bath apartment units
  • Five of the 6 units renovated with updated kitchens, baths, and finishes
  • 3 units include in‑unit washer/dryer

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Pet Store Pet Store & Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,509
Businesses Nearby

Demographics for 94402, CA

25,879
Population
10,623
Households
2.4
Avg Household Size
42
Median Age
69%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
5,074
Density / Sq Mi
$179,683
Median Household Income
$104,257
Median Earnings
$3,476
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Mostly updated residences offer home-like layouts, select in-unit laundry, private outdoor areas, and covered and uncovered parking.
Where is this apartment building located?
The property is located at 108 Hobart Avenue San San Mateo, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Six 2‑bedroom, 1‑bath apartment units; Five of the 6 units renovated with updated kitchens, baths, and finishes; 3 units include in‑unit washer/dryer
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message