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3223 Glendora Dr
San Mateo, CA 94403 Sugarloaf

$4,700,000 USD

Apartments For Sale  •  8,652 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,652 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 3.59 %
  • Zoning R30000, San Mateo
33 Transit Score
61 Walk Score

Highlights

Significant upside in rents.
SB 721 Completed.
Prime location with immediate access to Laurelwood Shopping Center and College of San Mateo.
New subpanels & New Roof.

Financial Summary (Actual)

Net Operating Income: $168,719 USD (2025)
Cap Rate: 3.59 %
Total Expenses: $88,727 USD

Amenities

  • Balcony
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Storage Space
  • Granite Countertops
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Patio
  • Skylights
  • Vinyl Flooring

Public Transportation

Commuter RailDriveWalkDistance
5 min - 2.8 mi
Hayward Park (Caltrain - Caltrain (Caltrain)) 5 min - 2.8 mi
AirportDriveWalkDistance
San Francisco International 17 min - 11.1 mi
Metro Oakland International 35 min - 26.8 mi
Norman Y Mineta San Jose International 36 min - 28.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes
Ken Wu 415-825-3085 Compass Commercial
Ken Wu 415-825-3085 Compass Commercial