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    3939 Pacific Blvd San Mateo, CA 94403

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    For Sale
    $2,250,000

    Five-unit apartment building near downtown San Mateo and Hillsdale Caltrain.

    Property size:
    5,016 SF

    Property Features for 3939 Pacific Blvd

    General Information

    Standard status
    Active
    Size
    5,016 SF

    Building Details

    Year built
    1958

    Source: REAL ESTATE SOURCE, INC. Agent ROBIN NEYDAVOUD

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    San Mateo 5-Unit Apartment Building

    This five-unit apartment building is located near downtown San Mateo. The property contains four one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. The building features dual-pane windows, individual water heaters, new exterior painting, and drought-resistant landscaping. The property is located within walking distance of Hillsdale Cal-Train and Franklin Templeton. The units feature an excellent floorplan. This property is an income-generating asset with a history of strong cash flow and low vacancies and turnovers. The building has a total size of 5016 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    San Mateo
    County
    San Mateo
    State
    California
    Longitude
    -122.2906635
    Latitude
    37.5324688

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    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building near downtown San Mateo and Hillsdale Caltrain.
    Where is this apartment building located?
    The property is located at 3939 Pacific Blvd San Mateo, CA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Strong cashflow with very low vacancies and turnovers.; - Conveniently located near Downtown San Mateo and Hillsdale Cal-Train.; - Five units: mix of four 1-bed/1-bath and one 2-bed/1-bath.
    Request Owner's contact information
    3939 Pacific Blvd San Mateo, CA 94403
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    San Mateo, CA 94403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3939 Pacific Blvd San Mateo, CA 94403
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