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1927 Palm Ave

San Mateo, CA 94403
  • $1,688,000
  • STATUS: Active Under Contract
  • ON SITE: 31 Days
  • ID#: ML82034012
Under Contract
UPDATED: 26 min ago
$1,688,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,137
    SQFT
  • $790
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Listed by Stephen Guzzetti of Intero Real Estate Services: 408-393-4647.

Description

1927-1929 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. 1931 & 1933 Palm Ave duplexes are just across the beautiful 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. The last set of interior photos are of 1927 when it was vacant. NEW Sewer Laterals! Please DO NOT go onto the property! Thank you.

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© 2026 MLSListings Inc. Based on information from MLSListings MLS as of 2026-03-10T21:20:01.383. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gilmartin Group.

Licensed in the State of California.
Website powered by BoomTown.
www.thegilmartins.com/homes/172801971
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1927 Palm Ave San Mateo, CA 94403

  • Price: $1,688,000
  • Status: Active Under Contract
  • On Site: 31 Days
  • Updated: 26 min ago
  • ID#: ML82034012
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2,137
SQFT
$790
$/SQFT
1954
Built
Neighborhood:
Fiesta Gardens Etc.
County:
San Mateo
Area:
Fiesta Gardens Etc.
Property Description
1927-1929 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. 1931 & 1933 Palm Ave duplexes are just across the beautiful 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. The last set of interior photos are of 1927 when it was vacant. NEW Sewer Laterals! Please DO NOT go onto the property! Thank you.
Exterior Features

Construction Type Wood Frame Foundation Concrete Perimeter and Slab Garage Parking Attached Garage Number Of Buildings 1 Parking Spaces 2 Pool YN No Roof Composition Style Bungalow

Interior Features

Beds Unit1 2 Beds Unit2 2 Cooling None Flooring CarpetTileVinyl / Linoleum Heating Wall Furnace Kitchen Features DishwasherGarbage DisposalOven RangeRefrigerator Laundry Hookups Only Sq Ft Unit1 1068 Sq Ft Unit2 1068 Structure Sq Ft 2137

Property Features

Accessibility Features Parking Additional Listing Info Not Applicable City Name SAN MATEO Hoa YN No Horse Property YN No Lot Size Area Maximum 4750.00 Meters Separate ElectricSeparate GasSeparate Water Property Sub Type Duplex Rent Unit2 3350 Security Features None Sewer Septic Sewer ConnectedSewer in Street Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas MetersPublic Utilities Water Individual Water Meter Zoning R20000

Listed by Stephen Guzzetti of Intero Real Estate Services: 408-393-4647.



© 2026 MLSListings Inc. Based on information from MLSListings MLS as of 2026-03-10T21:20:01.383. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gilmartin Group.

Licensed in the State of California.
Website powered by BoomTown.
 
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The Gilmartin Group
330 Primrose Rd #512
Burlingame CA, 94010

Listed by Stephen Guzzetti of Intero Real Estate Services: 408-393-4647.