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Apartment Building with Corner Lot
For Sale
$4,100,000

1301 Palos Verdes Drive San, San Mateo, CA 94403

Well-maintained apartment building offering eight residential units with room for RV or boat parking.

Property SizeContact for details
Days on Market81

Property Features for 1301 Palos Verdes Drive San

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 8

Amenities

RV/Boat parking
Cable Ready
Central Forced Air
Public Utilities, Shingle

Building Details

Year Built 1964
Listing Agency: Meacham Oppenheimer Inc
Listed By: Michael Messigner
Source: Kw
Added: Jun 19 Changed: Sep 7 Last Checked: Sep 6 at 7:06PM

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 Meacham Oppenheimer Inc

Investment Insights

Based on property information with market context.

Well-maintained apartment building with eight residential units. The unit mix includes three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and four additional 1-bedroom/1-bath units.

The property is located in the Laurelwood area adjacent to the Laurelwood Shopping Center, with proximity to Highway 92, Highway 280, San Mateo City College, and Hillsborough. The building has visibility off Glendora Drive and sits on the corner of Palos Verdes Drive.

Additional parking is available on the side of the building for RV or boat storage. Please do not disturb tenants.

Key Highlights

  • Well‑maintained apartment building in the Laurelwood area
  • 8 residential units: three 2 bed/1 bath, one 1 bed/1 bath, and four 1 bed/1 bath
  • Central forced air and cable ready interior features

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Law Firm Nail Salon Hair Salon Parking Lot & Garage Dental Office

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

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

448
Businesses Nearby

Demographics for 94403, CA

45,057
Population
17,682
Households
2.5
Avg Household Size
38
Median Age
60%
College-Educated
92%
High-School Grad
5.6 sq mi
ZIP Area
8,046
Density / Sq Mi
$179,825
Median Household Income
$93,542
Median Earnings
$3,273
Median Rent
$1,725,900
Median Home Value

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?
Apartment building - Well-maintained apartment building offering eight residential units with room for RV or boat parking.
Where is this apartment building located?
The property is located at 1301 Palos Verdes Drive San San Mateo, CA.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Well‑maintained apartment building in the Laurelwood area; 8 residential units: three 2 bed/1 bath, one 1 bed/1 bath, and four 1 bed/1 bath; Central forced air and cable ready interior features
More about this property
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