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Renovated 5-Unit Apartment Building
For Sale
Contact for pricing
Pending

1742 S Grant St, San Mateo, CA 94402

Courtyard property with a varied one- and two-bedroom unit mix, onsite parking, and separate gas and electric metering.

Property SizeContact for details
Days on Market143

Property Features for 1742 S Grant St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Capital Group Realty Inc
Listed By: Brett Barron · License #CA
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 6:04AM

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 Capital Group Realty Inc

Investment Insights

Based on property information with market context.

This five-unit apartment property includes four one-bedroom, one-bath residences and one two-bedroom, one-bath residence, arranged around a courtyard. Four units have been renovated with updated kitchens featuring stainless steel appliances, refreshed bathrooms, and recessed lighting. Double-pane windows serve all units, while the composition roof was replaced in 2019.

The property provides seven onsite parking spaces and separate gas and electric meters for every residence. Residents also have access to laundry equipment operated through PayRange software. The asset is located in San Mateo, with Caltrain and Hillsdale Mall within minutes, and the surrounding community includes downtown activity and multiple shopping centers.

A second five-unit property at 1738 S Grant is also offered for purchase as a package.

Key Highlights

  • Five units: four 1 bed/1 bath apartments and one 2 bed/1 bath apartment
  • Four units renovated with stainless steel kitchen appliances, updated bathrooms, and recessed lighting
  • Seven onsite parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Mobile Phone Store Tanning Salon Clothing & Fashion Store Florist

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

1,988
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Courtyard property with a varied one- and two-bedroom unit mix, onsite parking, and separate gas and electric metering.
Where is this apartment building located?
The property is located at 1742 S Grant St San Mateo, CA.
What are key features of this property?
This property features: Five units: four 1 bed/1 bath apartments and one 2 bed/1 bath apartment; Four units renovated with stainless steel kitchen appliances, updated bathrooms, and recessed lighting; Seven onsite parking spaces
More about this property
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