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    Pacific Blvd San Mateo, CA 94403

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    For Sale
    $2,100,000

    Spacious 5-unit apartment building near downtown San Mateo.

    Property size:
    5,016 SF
    Lot size:
    0.14 Acres

    Property Features for Pacific Blvd

    General Information

    Standard status
    Active
    Size
    5,016 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1958

    Source: REAL ESTATE SOURCE, INC. Agent ROBIN NEYDAVOUD

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    San Mateo 5-Unit Apartment Building

    This is a 5-unit apartment building consisting of four 1-bed 1-bath units and one 2-bed 1-bath unit. The property is located near downtown San Mateo and within walking distance of Hillsdale Cal-Train and Franklin Templeton. The units feature an excellent floorplan and dual-pane windows, along with individual water heaters. Recent upgrades include new exterior painting and drought-resistant landscaping. The property has a history of consistent income generation, providing strong cash flow with low vacancies and turnovers. The building has a total size of 5016 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    San Mateo
    County
    San Mateo
    State
    California
    Longitude
    -122.2864881
    Latitude
    37.5303593

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    FAQs

    What type of property is this?
    Apartment building - Spacious 5-unit apartment building near downtown San Mateo.
    Where is this apartment building located?
    The property is located at Pacific Blvd San Mateo, CA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - Strong cashflow with very low vacancies and turnovers; - Convenient location near downtown San Mateo and Hillsdale Cal-Train; - Five units: four 1-bed/1-bath and one 2-bed/1-bath
    Request Owner's contact information
    Pacific Blvd San Mateo, CA 94403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Pacific Blvd San Mateo, CA 94403
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