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Duplex With Attached Garages
For Sale
$1,780,000

143145 N Humboldt Street, San Mateo, CA 94401

Two attached garages and private driveway parking support the property’s two-unit residential configuration.

Property Size4,008 SF
Price / SF$444.11
Days on Market65

Property Features for 143145 N Humboldt Street

General Information

Standard status Active
Size 4,008 SF
Property subtype Multi Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $18,903

Building Details

Year Built 1986
Buildings 1
Listing Agency: WEM Pacific Investment Inc.
Listed By: Wendy L. Ng · License #01521487
Source: Exitrealty
Added: Aug 13 Changed: Oct 1 Last Checked: Oct 1 at 10:44AM

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 WEM Pacific Investment Inc.

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Investment Insights

Based on property information with market context.

Built in 1986, this duplex contains two three-bedroom, two-and-a-half-bath units with generous living areas. Each residence includes an attached one-car garage, while private driveway parking adds additional on-site convenience. The property also features a large rear yard with potential for an ADU or future expansion, subject to verification with the City of San Mateo.

The property is situated near Downtown San Mateo, Caltrain, shopping, dining, parks, and major commute routes including Highways 101 and 92. Its two-unit layout, garage parking, and outdoor area provide a practical configuration for an investor or owner-occupant.

Key Highlights

  • Two 3‑bedroom, 2.5‑bath units
  • Attached one‑car garage for each unit
  • Private driveway parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,219
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,004,380 $2.0M
Cap Rate 7%
$1,431,700 $1.4M
Cap Rate 9%
$1,113,544 $1.1M
Market Conditions
NOI Build-Up for 4,008 SF
Gross rent
$151.5K $37.80/SF
− Vacancy
−$8.3K −$2.08/SF
EGI
$143.2K $35.72/SF
− OpEx
−$43.0K −$10.72/SF
NOI
$100.2K $25.00/SF
Area
San Mateo, CA
Vacancy
5.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,004,380
Cap Rate 7%
$1,431,700
Cap Rate 9%
$1,113,544

Alternative Uses

Best Use
Multifamily LT 5
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,219 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,469 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M (±1% cap)
NOI $110,967 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

1,661
Businesses Nearby

Demographics for 94401, CA

35,249
Population
13,798
Households
2.6
Avg Household Size
37
Median Age
45%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
11,371
Density / Sq Mi
$121,258
Median Household Income
$57,724
Median Earnings
$2,713
Median Rent
$1,123,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two attached garages and private driveway parking support the property’s two-unit residential configuration.
Where is this duplex located?
The property is located at 143145 N Humboldt Street San Mateo, CA.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2.5‑bath units; Attached one‑car garage for each unit; Private driveway parking
More about this property
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