Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Ellsworth Ave San Mateo, CA 94401

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,750,000

    Five-unit apartment building on a prime corner lot near Caltrain.

    Property size:
    3,663 SF
    Lot size:
    0.20 Acres

    Property Features for Ellsworth Ave

    General Information

    Standard status
    Active
    Size
    3,663 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    1918

    Source: BAY AREA ESTATES Agent SCOTT PHILIP

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

    Overview

    San Mateo Multifamily Investment Opportunity

    This five-unit apartment building is situated on an 8,809 sq ft corner lot. The property is located in San Mateo, offering value-add potential for investors. The location has a Walk Score of 94, placing it near Downtown San Mateo and close to AI, high-tech, and biotech companies. The property is one block from Caltrain, providing commuter convenience and access to strong rental demand. The building is zoned R4 and has a property size of 3,663 sq ft.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    San Mateo
    County
    San Mateo
    State
    California
    Longitude
    -122.324617
    Latitude
    37.5689

    Nearby Similar for Sale

    • $2,495,000
      3,607 SF

      San Mateo Fourplex Investment Opportunity

      Well-maintained fourplex in prime San Mateo location near top schools.
      444 Villa Ter, San Mateo, CA 94401
      View Details
    • $1,688,000
      2,137 SF

      San Mateo Duplex Investment Opportunity

      Well-maintained duplex in desirable location with value-add potential.
      1931 Palm Ave, San Mateo, CA 94403
      View Details
    • $1,998,888
      3,880 SF

      Historic San Mateo Triplex with Studio

      1907 triplex with bonus studio in central San Mateo.
      320 Villa Ter, San Mateo, CA 94401
      View Details
    • $1,688,000
      2,137 SF

      San Mateo Duplex Investment Opportunity

      Well-maintained duplex in desirable location with upgrade potential.
      1927 Palm Ave, San Mateo, CA 94403
      View Details
    • $5,700,000
      4,586 SF

      Remodeled Multi-Unit Investment Opportunity

      Twelve remodeled units in San Mateo with strong rental potential.
      735 N Amphlett Blvd, San Mateo, CA 94401
      View Details
    • $2,850,000
      4,586 SF

      Remodeled Multi-Unit Investment Opportunity

      Six remodeled units in San Mateo, ideal for investors.
      739 N Amphlett Blvd, San Mateo, CA 94401
      View Details

    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building on a prime corner lot near Caltrain.
    Where is this apartment building located?
    The property is located at Ellsworth Ave San Mateo, CA.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Prime 8,809 sq ft corner lot in a sought-after San Mateo location.; - A+ location with significant value-add potential for investors.; - Exceptional commuter convenience: One block from Caltrain.
    Request Owner's contact information
    Ellsworth Ave San Mateo, CA 94401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Ellsworth Ave
    San Mateo, CA 94401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Ellsworth Ave San Mateo, CA 94401
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.