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1931 Palm Avenue, San Mateo, CA 94403 (MLS # ML82034011)

Price $1,688,000
Status Active
Beds 4
Baths 0 Bath
Home size 2,137 sqft
Lot Size 4,792 sqft
Days on Market 0
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!
Property Type(s): Multi Family
Last Updated 2/6/2026 Year Built 1955
County San Mateo

Additional Details

AIR CONDITIONING Yes
HEAT Wall Furnace
HOA DUES |
LOT 4792 sq ft
Listing provided by Stephen Guzzetti | 408-393-4647Intero Real Estate Services
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Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2/6/26 11:48 AM PST.

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