$1,688,000

1927 Palm Avenue, San Mateo, CA 94403

  • 4 beds
  • 2,137 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $790/sqft
  • Property List Date Icon Listed 3 months ago

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. NEW Sewer Laterals!

Listing Status:
Active
Date Added:
September 9, 2025 at 05:00AM
Listing Office:
Intero Real Estate Services : 408-357-5700
Listing Agent:
Stephen Guzzetti : 408-393-4647
MLS ID:
ML82020863
  • Flooring: Tile
  • A/C: No Air Conditioning
  • Heating: Wall Furnace
  • School District: San Mateo Union High
  • County: San Mateo
  • Zoning: R200035231150

This listing courtesy of Stephen Guzzetti, Intero Real Estate Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fiesta Gardens International Elementary School

1001 Bermuda Dr, San Mateo, CA, 94403

Grades KG-5

0.54 miles away

B

Borel Middle School

425 Barneson Ave, San Mateo, CA, 94402

Grades 6-8

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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