422 E 16th AVE, San Mateo, CA 94402

$1,675,000
5
BD
3,964
SqFt

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Listed by Nate Gustavson, 415-786-9410 from Compass
(If provided) CoList: Cameron Foster from Compass

Sold listing courtesy of Joey Wang from OBBKWR

Sold Price
$1,675,000
List Price
$1,895,000
Closing Date
Apr 18, 2025
MLS#
ML81993749
Status
SOLD
Zoning
Multifamily Residential
Sqft. of Residence
3,964
Lot Size
4,800
Listing Area
Hayward Park

Property Description

Compass Commercial is pleased to announce the exclusive listing of 422 E. 16th Street. Discover a prime investment opportunity in this well-maintained fourplex at 422 16th Avenue in San Mateo, California. This multifamily investment opportunity offers an ideal blend of location, convenience, and steady rental income. The property features a total of four units: one (1) spacious 2-bedroom/1-bath apartment with a private backyard and patio, alongside three (3) 1-bedroom/1-bath units. Each residence boasts dual-pane windows, ensuring energy efficiency and comfort for tenants. Built in 1961, the building spans 3,964 square feet on a 4,800 square foot lot. Residents benefit from four dedicated carports with storage, as well as brand-new onsite laundry facilities. Situated within walking distance of Station Park's shops and restaurants, this property provides excellent connectivity to Highways 101 and 92, as well as the Hayward Park Caltrain Station.

Additional Information

Acres
0.11
Age
64
Cooling System
Ceiling Fan
Days On Market
Unknown
Floor Covering
Laminate, Tile, Vinyl / Linoleum
Foundation
Concrete Slab
Garage Parking
Assigned Spaces, Covered Parking
Heating System
Wall Furnace
Laundry Facilities
Coin Operated
Living Area
3,964
Lot Size
4,800
Neighborhood
Hayward Park
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Tar and Gravel
Sewer
Sewer - Public, Sewer Connected
Unincorporated Yn
Yes
Zoning
Multifamily Residential

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