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1504 S Claremont St San Mateo, CA 94402

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For Sale
$2,980,000

8-unit apartment building in San Mateo, close to transportation.

Type:Multifamily
Property size:
5,911 SF
Lot size:
0.24 Acres
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:09 am

Property Features for 1504 S Claremont St

General Information

Standard status
Active
Size
5,911 SF
Lot size
0.24 Acres
Property subtype
Multifamily

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Listing Contact
Adam Levin

Listing agent Adam Levin License #CA: 01462752

Listing office Palo Alto Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 Palo Alto Office


Overview

San Mateo Multifamily Investment Opportunity

The property at 1504 S Claremont St is an 8-unit apartment community in San Mateo, California. Constructed in 1959, the building has a gross area of approximately 5,911 square feet and is situated on a 10,638 square foot parcel of land. The property features one-bedroom floor plans. Located between San Francisco and San Jose, San Mateo offers a business and retail environment with shopping centers and an active downtown area. The property is within walking distance (1 mi) to Downtown San Mateo, which features retail shops, dining, and entertainment options. It is also located in close proximity to U.S. Route 101, California State Route 92, and the San Mateo Caltrain Station, providing access to San Francisco and San Jose. The location provides close proximity to tech employers including Google, Facebook, Stanford, Box Inc., Visa, and Sony. The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. The property presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
San Mateo
County
San Mateo
State
California
Longitude
-122.3113154
Latitude
37.5574737

FAQs

What type of property is this?
Apartment building - 8-unit apartment building in San Mateo, close to transportation.
Where is this apartment building located?
The property is located at 1504 S Claremont St San Mateo, CA.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: Prime location in San Mateo, strategically positioned between San Francisco and San Jose.; Close proximity to major transportation corridors (U.S. Route 101, California State Route 92, San Mateo Caltrain Station) providing easy access to employment hubs.; Walking distance (1 mi) to Downtown San Mateo's diverse retail, dining, and entertainment options.
More about this property
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