CA > San Mateo
San Mateo, CA 94403,1927 Palm AVE
San Mateo, CA 94403,1927 Palm AVE
San Mateo, CA 94403,1927 Palm AVE
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Elite Real Estate Group

Elite Real Estate Group

$1,750,000
Est. payment /mo
2,137 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,137 sqft

Price per Sqft $818

MLS Listing ID ML82020863

HOA Y/N No

Year Built 1954

Annual Tax Amount $23,268

Lot Size 4,748 Sqft

Property Sub-Type Duplex

Property Description

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.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R20000

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Exterior

Garage Spaces 1.0

Garage Description 1.0

View Y/N No

Roof Type Composition

Accessibility Parking

Total Parking Spaces 2

Building

Story 1

Architectural Style Bungalow

Schools

Elementary Schools Other

Middle Schools Other

High Schools Aragon

School District Other

Others

Tax ID 035231150

Special Listing Condition Standard

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CRMLS – RECore
Listed by Stephen Guzzetti Intero Real Estate Services

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Elite Real Estate Group

Elite Real Estate Group

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1927 Palm AVE