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3223 Glendora Dr, San Mateo, CA 94403

San Mateo
Local realty services provided by:CENTURY 21 Epic
3223 Glendora Dr,San Mateo, CA 94403
$4,700,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: ken wu, ray rodriguez
Office: compass
MLS#:41121432
Source:CRMLS

Price summary

  • Price:$4,700,000

About this home

3223 Glendora Drive is a well-maintained 9-unit apartment property located in a prime San Mateo neighborhood directly adjacent to the Laurelwood Shopping Center. The asset reflects true pride of ownership and offers a compelling blend of stability, unit size, and rental upside. The unit mix consists of seven spacious one-bedroom/one-bath units and two two-bedroom/one-bath units. The one-bedroom units range approximately 750–800 square feet, while the two-bedroom units are approximately 950 square feet—sizes that are well above typical market averages and highly attractive to long-term tenants. The property is very well maintained and features tuck-under parking with one enclosed garage space currently being leased as storage, providing valuable off street parking in a supply-constrained area. Tenants benefit from a quiet rear courtyard and backyard area, enhancing livability and tenant retention. Current rents are below market, offering approximately 24% upside through rent growth,...

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Home facts

  • Year built:1964
  • Listing ID #:41121432
  • Added:51 day(s) ago
  • Updated:March 12, 2026 at 05:30 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1964
  • Lot area:0.27 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$4,700,000

Parking

  • Total parking spaces:10
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