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Listed by Sam Runco • Marcus & Millichap
$1,830,000
Est. payment /mo
5 Beds
2 Baths
2,324 SqFt
Price Dropped by $20K
1401-1403 Cary AVE San Mateo, CA 94401
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,324 sqft
Price per Sqft $787
MLS Listing ID ML81993977
Bedrooms 5
Full Baths 2
Originating Board MLSListings, Inc.
Year Built 1950
Lot Size 5,500 Sqft
Property Sub-Type Duplex
Property Description
1401-1403 Cary Avenue in San Mateo is a well-maintained duplex situated on a spacious 5,479 SF lot, offering an excellent investment or owner-occupant opportunity. Built in 1950, the property features two updated units: a vacant 3-bedroom, 1-bathroom unit and an occupied 2-bedroom, 1-bathroom unit generating $3,300 per month in rental income. Both units have been thoughtfully upgraded with modern kitchens and bathrooms, providing contemporary comfort while maintaining the charm of the original construction. Each living room is highlighted with 12-foot ceilings and traditional fireplaces. With tenants responsible for all expenses, this property presents a low-maintenance income-producing asset in a desirable location.
Location
State CA
County San Mateo
Area South Shoreview
Zoning R20000
Interior
Heating Gas, Wall Furnace
Cooling None
Exterior
Parking Features Attached Garage
Garage Spaces 1.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Tar and Gravel
Building
Foundation Concrete Slab
Sewer Other
Water Individual Water Meter
Others
Tax ID 033-264-050
Special Listing Condition Not Applicable

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