CA
San Mateo
SAN MATEO
94403
1931 Palm Avenue
1931 Palm Avenue, SAN MATEO, CA 94403
Share Listing
Listing Type
Multi Family
Listing Status
active
22
$1,750,000

Home Details for 1931 Palm Avenue

Price
$1,750,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
2137
Year built
1955
Lot size acres
0.109
County
San Mateo
Garage
1
Days on site
14
MLS Listing#
ML82020858
Listed By: Intero Real Estate Services - 408-357-5700
Presented by: Stephen Guzzetti
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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Wall Furnace
  • Parking
    • Attached
School Information
School Information for 1931 Palm Avenue, SAN MATEO, CA 94403
Elementary School
Sunnybrae Elementary
Middle School
Borel Middle
High School
Aragon High
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-09-10 10:00:36
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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