Two-Bedroom
4-6 Warren Rd, San Mateo, CA 94401
For Sale
Contact for pricing
Two-bedroom layouts serve residents in a San Mateo property near downtown and regional transit connections.
Property Size3,450 SF
Lot Size0.16 Acres
Price / SF$660.87
Days on Market29
Property Features for 4-6 Warren Rd
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Multifamily Units
Tenant in Place
Building Details
Year Built
Listing Agency:
Marcus & Millichap - Palo Alto
Listed By:
Cole Simpson · License #CA: 02016525
(650) 391-1700
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 2:14PM
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 Marcus & Millichap - Palo Alto
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This San Mateo duplex contains approximately 3,450 square feet of gross building area on a 6,849-square-foot parcel. Constructed in 1941, the property offers two-bedroom floor plans for its residential occupants.
Downtown Burlingame is 0.8 miles away, while San Mateo Central Park and downtown San Mateo are 1.3 miles from the property. Regional access includes U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and El Camino Real. The property is also near shopping, dining, and employment centers, including Google, Facebook, Stanford, Box Inc., Visa, and Sony.
Downtown Burlingame is 0.8 miles away, while San Mateo Central Park and downtown San Mateo are 1.3 miles from the property. Regional access includes U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and El Camino Real. The property is also near shopping, dining, and employment centers, including Google, Facebook, Stanford, Box Inc., Visa, and Sony.
Key Highlights
- Duplex with two‑bedroom floor plans
- Approximately 3,450 square feet of gross building area
- 6,849‑square‑foot parcel; constructed in 1941
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,266
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,320
$1.7M
Cap Rate 7%
$1,232,371
$1.2M
Cap Rate 9%
$958,511
$958.5K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$130.4K $37.80/SF
− Vacancy
−$7.2K −$2.08/SF
EGI
$123.2K $35.72/SF
− OpEx
−$37.0K −$10.72/SF
NOI
$86.3K $25.00/SF
Area
San Mateo, CA
Vacancy
5.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,320
Cap Rate 7%
$1,232,371
Cap Rate 9%
$958,511
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M
NOI $86,266 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$1.11M
$973.4K – $1.30M
NOI $77,873 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,518 @ 7.0% cap · market cap 4.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,683
Businesses Nearby
Explore this area
Business Placement
Demographics for 94401, CA
35,249
Population
13,798
Households
2.6
Avg Household Size
37
Median Age
45%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
11,371
Density / Sq Mi
$121,258
Median Household Income
$57,724
Median Earnings
$2,713
Median Rent
$1,123,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in San Mateo County, CA
Properties on Market for Duplexes in San Mateo County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom layouts serve residents in a San Mateo property near downtown and regional transit connections.
Where is this duplex located?
The property is located at 4-6 Warren Rd San Mateo, CA.
What is the asking price?
The asking price for this property is $2,280,000.
What are key features of this property?
This property features: Duplex with two‑bedroom floor plans; Approximately 3,450 square feet of gross building area; 6,849‑square‑foot parcel; constructed in 1941
