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$ 1,688,000

Est. payment | -/mo

4 Beds

2 Baths

2,137 SqFt

Save

$ 1,688,000

Est. payment | -/mo

Save

4 Beds

2 Baths

2,137 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,137 sqft

Price per Sqft $789

Lot Size 4,750 Sqft

MLS Listing ID ML82034011

Style Bungalow

Bedrooms 4

Full Baths 2

Property Description

1931-1933 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. 1927 & 1929 Palm Ave duplexes are just across the beautiful and functional 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. This duplex is 100% leased up. NEW Sewer Laterals! Please DO NOT go on the property!

Location

State CA

County San Mateo

Area Fiesta Gardens Etc.

Zoning R20000

Rooms

Kitchen Dishwasher, Garbage Disposal, Oven Range, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile, Vinyl / Linoleum

1-purchase type For Sale

Exterior

Garage Attached Garage

Garage Spaces 1

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Story 1

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected, Sewer in Street

Water Individual Water Meter

Story 1

Others

Tax ID 035-231-140

Security Features None

Horse Property No

Special Sale Not Applicable

Listed by Stephen Guzzetti of Intero Real Estate Services
Bought with Stephen Guzzetti of Intero Real Estate Services

1931 Palm AVE San Mateo, CA 94403