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16 Bellevue Ave W
San Mateo, CA 94401 San Mateo Park

$3,350,000 USD

Apartments For Sale  •  3,896 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,856 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1949
  • Zoning R-4, City/San Mateo
40 Transit Score
60 Walk Score

Highlights

Attractive Unit Mix: All 4 units are 2-bed, 1-bath, nearly 1k sf each
Extremely Easy to Rent: Updated turn-key units in a great location are attractive to quality tenants and rent up quickly on turnovers
Updated Property: Numerous recent repairs and capital improvements.
Excellent in-place rents: Stable low-management income from steady tenants with some room to increase rents further
Add an ADU: Convert the carport parking into an additional unit or two to increase value and cash fl ow!
Note: Some photos in this listing are virtually staged with AI

Public Transportation

Commuter RailDriveWalkDistance
3 min 18 min 0.9 mi
4 min - 1.5 mi
Transit/SubwayDriveWalkDistance
Burlingame (Caltrain - Caltrain (Caltrain)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
San Francisco International 11 min - 5.7 mi
Metro Oakland International 36 min - 27.4 mi
Norman Y Mineta San Jose International 37 min - 28.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Bryan Danforth 650-274-5227 Compass Commercial
Bryan Danforth 650-274-5227 Compass Commercial