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16 W Bellevue Avenue, San Mateo, CA 94402

R4-zoned multifamily property in San Mateo, built in 1947.

Property Size3,856 SF
Price / SF$868.78
Days on Market16

Property Features for 16 W Bellevue Avenue

General Information

Standard status Active
Size 3,856 SF
Class A
Property subtype Multifamily
Zoning Multifamily: R4
Occupancy 100%
Net Operating Income $105,798

Building Details

Year Built 1947
Buildings 1
Units 4
Listing Agency: Compass Commercial
Listed By: Bryan Danforth · License #CA 01789680
Source: Crexi
Added: Jul 28 Changed: Aug 3 Last Checked: Aug 11 at 12:02PM

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 Compass Commercial

Investment Insights

Based on property information with market context.

This multifamily property at 16 W Bellevue Avenue in San Mateo contains 3,856 square feet and was built in 1947. The property is designated Multifamily: R4, providing a clearly identified multifamily land-use classification.

The location is west of El Camino and borders Hillsborough, with the surrounding area connected to San Mateo, Hillsborough, and Burlingame. The source information also identifies nearby technology employment along with private and public amenities across those communities.

The property’s established construction date, multifamily classification, and San Mateo address provide a concise basis for evaluating the asset within the local residential income market.

Key Highlights

  • 3,856‑square‑foot multifamily property
  • Multifamily: R4 zoning
  • Built in 1947

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Fish Market Pet Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,897
Businesses Nearby

Demographics for 94402, CA

25,879
Population
10,623
Households
2.4
Avg Household Size
42
Median Age
69%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
5,074
Density / Sq Mi
$179,683
Median Household Income
$104,257
Median Earnings
$3,476
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - R4-zoned multifamily property in San Mateo, built in 1947.
Where is this multifamily property located?
The property is located at 16 W Bellevue Avenue San Mateo, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 3,856‑square‑foot multifamily property; Multifamily: R4 zoning; Built in 1947
(650) 274-5227 Call to check price and availability
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