Financial
Distress signals
Property profile

65 40th Ave San Mateo, CA 94403

OFF-MARKET
Apartment buildings
Property ID
US09-2356813
5,617 SF 0.18 ac lot Built 1956
Last sale Jul 1999
Trust Owned Owner of record is a trust. 27-yr Hold Held for 27 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$350k
Assessed land$70k
Assessed improvement$280k
Effective rate4.15%

Value estimate

· Sep 2026
$375k
$338k – $413k
Sales comparison$888k

Realmo valuation models over county records and 83 qualifying comparable sales.

Recently sold

What actually traded nearby?
$310/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$158 – $458
Qualifying comparables83

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm32.5
Food Market15.1
Realty agency13.1

Location

65 40th Ave San Mateo, CA 94403-7824
County assessor Recorded deeds · 2 transfers 83 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1950 Ivy, San Mateo, CA 94403-7310 $2,060,000 Dec 2025 4,428 SF
1956 Ivy, San Mateo, CA 94403-7311 $2,049,500 Nov 2025 4,192 SF
1946 Ivy, San Mateo, CA 94403-7309 $700,000 Jan 2024 4,428 SF
512 19th, San Mateo, CA 94403-1489 $1,950,000 Jan 2024 5,624 SF
4111 Beresford, San Mateo, CA 94403-5186 $2,050,000 Nov 2022 7,505 SF
1332 Palos Verdes, San Mateo, CA 94403-3789 $3,650,000 Feb 2022 7,468 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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