19 S Delaware Street new

San Mateo,CA 94401

$ 6500000

- Bed

- Bath

2030 SqFt


Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,030 sqft

Price per Sqft $3,201

MLS Listing ID ML82004982

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1908

Lot Size 0.575 Acres

Property Sub-Type OTHER

Property Description

Introducing the San Mateo Residential Portfolio a rare opportunity to acquire a strategically located, easily managed set of multi-residential properties in the heart of Downtown San Mateo. The portfolio includes three single-family homes and a cottage, all tenant-occupied on month-to-month leases, providing immediate income with flexibility. Professionally managed by a reputable local firm, the three contiguous parcels span nearly one acre of R2-zoned land with strong redevelopment potential (buyer to verify). Situated just steps from Central Park, Caltrain, top-rated dining, boutique shopping, theaters, banks, fitness centers, and freeway access, the location offers unmatched convenience. Downtown San Mateo is experiencing rapid growth and revitalization, making this an ideal opportunity for investors seeking long-term value, passive income, and future development upside in one of the Peninsula's most dynamic markets. ***Note: All homes in this portfolio are currently Tenant occupied - "Please kindly do not disturb" Thank you!***

Location

State CA

County San Mateo

Interior

Heating Wall Furnace

Cooling Central Air,Other

Fireplace No

Building

Water Public

Schools

School District San Mateo Union High,San Mateo-Foster City Elementary

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