1927 Palm Avenue Active Save Request In-Person Tour Request Virtual Tour
San Mateo,CA 94403
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,137 sqft
Price per Sqft $818
MLS Listing ID ML82020863
Year Built 1954
Lot Size 4,750 Sqft
Property Sub-Type Duplex
Property Description
1927-1929 Palm Ave Duplex represents a very attractive investment and outstanding opportunity for the savvy investor. Located in a very desirable and sought after rental submarket, this duplex offers value-add upside through unit upgrades and rental repositioning. The units have been well maintained and have superior tenant profiles affording stable income and worry free operation. All units feature spacious 2 bedroom and 1 bathroom units featuring their own water heater. There is a common backyard for relaxing and entertaining and separate 1 car attached garages which include washer and dryer hookups. The units also boast dual pane windows and all utilities (PG&E & Water) are separately metered. Near Central Park and the vibrant downtown scene with nearby dining and shopping. CalTrain, Highways 101 and 92 are just minutes away with SFO and Bart less than 10 miles away as well. 1931 & 1933 Palm Ave duplexes are just across the beautiful paver driveway/courtyard and are also for sale by the same owner. These two duplexes can be sold in combination or separately via a driveway easement and maintenance agreement. The last set of interior photos are of 1927 when it was vacant.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Tile
Schools
School District San Mateo Union High,San Mateo-Foster City Elementary