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$6,500,000

Est. payment - /mo

2,030 SqFt

Active

19 S Delaware ST San Mateo, CA 94401

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

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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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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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