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Multifamily Apartment Property
For Sale
$3,650,000

16 West Bellevue Avenue, San Mateo, CA 94402

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

Property Size3,856 SF
Price / SF$946.58
Days on Market73

Property Features for 16 West Bellevue Avenue

General Information

Standard status Active
Size 3,856 SF
Property subtype Residential Income
Zoning Multifamily: R4
Lease Term Month To Month

Taxes and HOA fees

Annual Taxes $47,035

Amenities

Wall Furnace
Washer, Washer/Dryer, Dishwasher, Microwave, Refrigerator
Attached

Building Details

Building Size 3,856 SF
Year Built 1947
Buildings 1
Stories 2
Listing Agency: Compass
Listed By: Bryan Danforth · License #01789680
Source: Evrealestate
Added: Jul 23 Changed: Sep 30 Last Checked: Oct 2 at 8:13PM

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

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

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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

2,872
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - R4-zoned multifamily property in San Mateo, built in 1947.
Where is this multifamily property located?
The property is located at 16 West Bellevue Avenue San Mateo, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: 3,856‑square‑foot multifamily property; Multifamily: R4 zoning; Built in 1947
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