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Two-Unit Duplex with Garages
For Sale
$2,526,000

109 Hobart Avenue San, San Mateo, CA 94402

Central forced air and a private rear outdoor area support comfortable residential occupancy.

Property SizeContact for details
Days on Market78

Property Features for 109 Hobart Avenue San

General Information

Standard status Active
Property subtype Duplex

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Amenities

attached garages
private outdoor area
Central Forced Air
Public Utilities, Water - Public, Shingle

Building Details

Year Built 1948
Listing Agency: Marcus & Millichap
Listed By: Cole Simpson · License #(S):CA:02016525
Source: Kw
Added: Jun 25 Changed: Sep 7 Last Checked: Sep 10 at 7:18AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

This San Mateo duplex at 109 Hobart Avenue contains two three-bedroom residences, each with a spacious layout and an attached garage. The rear home includes a private outdoor area, while central forced air serves the property. Public water and utilities are available, and the structure was built in 1948.

The property sits within one mile of San Mateo Central Park and Downtown San Mateo, where shopping, dining, and entertainment are located. Transportation access includes U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and El Camino Real, connecting the area with San Francisco and San Jose. The property is also near major technology employers including Google, Meta, Stanford, Box Inc., Visa, and Sony.

Key Highlights

  • Two three‑bedroom units with spacious layouts
  • Attached garages serve both residences
  • Private outdoor area at the rear unit

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

2
Residential units
Yes
Highway access

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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Central forced air and a private rear outdoor area support comfortable residential occupancy.
Where is this duplex located?
The property is located at 109 Hobart Avenue San San Mateo, CA.
What is the asking price?
The asking price for this property is $2,526,000.
What are key features of this property?
This property features: Two three‑bedroom units with spacious layouts; Attached garages serve both residences; Private outdoor area at the rear unit
More about this property
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