3 41st Place, San Mateo

$1,375,000

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4 Beds
0 Bath
2,288 Sqft
.14 Acre
1 Garage

Attention investors! Here's an exceptional opportunity awaiting your savvy eye: 4-plex unit showcasing a solid history of occupancy, with two units already updated. A potential communal backyard or private outdoor space exclusively for the lower units, elevating the property's desirability and market value to unprecedented heights. Conveniently situated between the esteemed Bay Meadows and Laurie Meadows neighborhoods, this location is an absolute magnet for discerning tenants. With renowned employers in Bay Meadows, verdant parks, and recreational spaces nearby, plus the upscale Hillsdale Shopping Center just a stone's throw away offering an abundance of retail, culinary, and entertainment options, the allure for potential renters is undeniable. Navigating the area is a breeze, as Pacific Boulevard seamlessly transitions into Delaware Street, providing effortless access to all essential destinations without the hassle of traversing El Camino. Furthermore, swift access to major thoroughfares such as Hwy 101 and 92 via this conveniently positioned back road ensures seamless connectivity for both tenants and commuters alike. While the upper deck requires some refurbishment, rest assured, plans for its renovation have already been greenlit/approved by the city.

Essential Information

MLS® #
ML81960497
Price
$1,375,000
Bedrooms
4
Bathrooms
0.00
Square Footage
2,288
Acres
0.14
Year Built
1957
Type
Residential Income
Sub-Type
Quadruplex
Status
Active Under Contract

Community Information

Address
3 41st Place
Area
699 - Not Defined
City
San Mateo
County
San Mateo
Zip Code
94403
Senior Community
N

Amenities

Parking
Carport
# of Garages
1
Garages
Carport

Interior

Heating
Wall Furnace
Cooling
None
# of Stories
2

Exterior

Roof
Tar/Gravel

School Information

District
Other

Additional Information

Date Listed
April 7th, 2024
Days on Market
25
Zoning
R4

Listing Details

Agent
Christopher Eckert
Office
KW Advisors
Property History
Status Changed from Active to Active Under Contract

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Based on information from California Regional Multiple Listing Service, Inc. as of May 5th, 2024 at 12:10pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.