61
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$6,500,000
Est. payment /mo
2,030 SqFt
New
19 S Delaware ST San Mateo, CA 94401
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Key Details
Property Type Multi-Family
Sub Type Mixed Use
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
Year Built 1908
Annual Tax Amount $32,236
Lot Size 0.575 Acres
Property Sub-Type Mixed Use
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
Area 699 - Not Defined
Zoning RM0004
Interior
Heating Fireplace(s), Wall Furnace
Cooling Gas
Fireplace No
Exterior
Parking Features Off Street
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Roof Type Shingle
Accessibility Parking
Total Parking Spaces 10
Building
Story 1
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 032335050
Security Features Security Guard
Special Listing Condition Standard
Virtual Tour https://www.tourfactory.com/3204089
Listed by Leon D'Aquino • RE/MAX Gold Redwood Shores.
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