$1,750,000

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1927 Palm Avenue San Mateo, CA, United States 94403

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.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Multifamily
  • Year Built: 1954
  • Built in 1954
  • Home size: 0 ft2 / 0 m2
  • MLS: ML82020863
  • Status: Active

Property brokered by

Intero Real Estate Services, Inc.

(408) 342-3000

Presented by Steve Guzzetti

  • (408) 357-5700
  • (408) 357-5700 (Office Phone)

Contact Steve Guzzetti

Contact Agent

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  • 1931 Palm Avenue
    San Mateo, CA, United States $1,750,000 Bedrooms: 0 Full Bathrooms: 0 Details


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