$1,675,000
$1,895,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
3,964 SqFt
SOLD DATE : 04/18/2025
Key Details
Sold Price $1,675,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,964 sqft
Price per Sqft $422
MLS Listing ID ML81993749
Sold Date 04/18/25
HOA Y/N No
Year Built 1961
Annual Tax Amount $21,391
Lot Size 4,800 Sqft
Property Sub-Type Quadruplex
Property Description
Compass Commercial is pleased to announce the exclusive listing of 422 E. 16th Street. Discover a prime investment opportunity in this well-maintained fourplex at 422 16th Avenue in San Mateo, California. This multifamily investment opportunity offers an ideal blend of location, convenience, and steady rental income. The property features a total of four units: one (1) spacious 2-bedroom/1-bath apartment with a private backyard and patio, alongside three (3) 1-bedroom/1-bath units. Each residence boasts dual-pane windows, ensuring energy efficiency and comfort for tenants. Built in 1961, the building spans 3,964 square feet on a 4,800 square foot lot. Residents benefit from four dedicated carports with storage, as well as brand-new onsite laundry facilities. Situated within walking distance of Station Park's shops and restaurants, this property provides excellent connectivity to Highways 101 and 92, as well as the Hayward Park Caltrain Station.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning Multifamily Residential
Interior
Heating Wall Furnace
Flooring Laminate, Tile
Fireplace No
Appliance Dishwasher, Range Hood
Exterior
Parking Features Covered
Carport Spaces 4
View Y/N No
Roof Type Tar/Gravel
Accessibility None
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 035072050
Financing Conventional
Special Listing Condition Standard
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Bought with Joey Wang
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