1931 Palm Avenue
San Mateo, CA 94403 • Bed • 0 Bath • 2,137 sq.ft.

Property summary

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.

Days on market: 5

Listing updated: September 14, 2025 - 01:43:09

Property details

Property ID
ML82020858
Size
2137 sq.ft.
Home Type
Residential Income
Year Built
1955
Property Size
0.109 acre
Garage
1
Levels
Spa
No
Patio
No
Basement
No
View
No
Pool
No

Listed by: Stephen Guzzetti DRE #01777838 (408) 357-5700, Intero Real Estate Services - MLSListings

Source: MLSListings, MLS#: ML38424 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
0
Kitchen
Dishwasher, Disposal, Refrigerator
Cooling
None
Heating
Wall Furnace
Flooring
Carpet, Tile
Laundry
N/A
$1,750,000
Property price
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-09-18 20:04:11 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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