1931 Palm Avenue, San Mateo, CA 94403
Listed by Stephen Guzzetti • Intero Real Estate Services
Bought with Anthony Batshon Batshon Real Estate Company

$1,585,000

Est. payment /mo

$1,688,000

6.1%
Est.Price: ?

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1931 Palm Avenue San Mateo, CA 94403

2,137 SqFt

SOLD DATE : 04/16/2026

Key Details

Sold Price $1,585,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,137 sqft

Price per Sqft $741

MLS Listing ID ML82034011

Year Built 1955

Lot Size 4,750 Sqft

Property Sub-Type Duplex

Property Description

1931-1933 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. 1927 & 1929 Palm Ave duplexes are just across the beautiful and functional 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. This duplex is 100% leased up. NEW Sewer Laterals! Please DO NOT go on the property!

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

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Bay East Association of Realtors

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Kat Sellis

Kat Sellis

Agent | License ID: 01858561

+1(925) 899-7779

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