CA > San Mateo
San Mateo, CA 94403,518 19th AVE
San Mateo, CA 94403,518 19th AVE
San Mateo, CA 94403,518 19th AVE
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Cris Lamas Urban Capital SF
$2,450,000
Est. payment /mo
4 Beds
2 Baths
5,440 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,440 sqft

Price per Sqft $450

MLS Listing ID 425085735

Bedrooms 4

Full Baths 2

HOA Fees $3,025/ann

HOA Y/N Yes

Year Built 1958

Lot Size 8,008 Sqft

Acres 0.1838

Property Sub-Type Multi Family

Property Description

Fully renovated 7-unit multifamily in prime San Mateo near Downtown & Caltrain. Strong in-place income, covered parking, and clear rent-growth upside. Offered at $2.45M | 4.27% Cap. 518 19th Ave is a 7-unit apartment building featuring (4) large 1-bed/1-bath units and (3) spacious studios, six of which have been renovated with modern finishes, dual-pane windows, and updated interiors. The 5,440 SF building on a 7,841 SF lot offers covered parking, laundry income, and energy-efficient upgrades. Current rents range $1,795-$2,350 with market potential to $2,995, providing stable cash flow and long-term upside. Ideally located near El Camino Real, Hwy 101/280/92, Hillsdale Shopping Center, and Bay Meadows. A rare San Mateo multifamily investment opportunity near major employers and transit.

Location

State CA

County San Mateo

Area San Mateo

Interior

Fireplace No

Window Features Double Pane Windows

Laundry Coin Operated, Common Area

Exterior

Garage Spaces 7.0

Utilities Available Common Area Meter

Roof Type Tar/Gravel

Total Parking Spaces 7

Building

Lot Description Shape Regular

Foundation Concrete

New Construction Yes

Others

Tax ID 035331080

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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