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Listed by Nate Gustavson • Compass
$ 1,895,000
Est. payment | /mo
3,964 SqFt
$ 1,895,000
Est. payment | /mo
3,964 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,964 sqft
Price per Sqft $478
MLS Listing ID ML81993749
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1961
Lot Size 4,800 Sqft
Property Sub-Type Quadruplex
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.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Flooring Laminate, Tile
Fireplace No
Laundry Coin Operated
Building
Water Public
Schools
School District San Mateo Union High, San Mateo-Foster City Elementary
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