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518 19th Avenue, San Mateo, CA 94403

Local realty services provided by:CENTURY 21 Baldini Real Estate, Inc.
518 19th Avenue,San Mateo, CA 94403
$2,450,000
  • 4 Beds
  • 2 Baths
  • 5,440 sq. ft.
  • Multi-family
  • Active
Listed by: cris lamas, wyatt cendak
Office: urban capital sf
MLS#:425085735
Source:CABCREIS

Price summary

  • Price:$2,450,000
  • Price per sq. ft.:$450.37
  • Monthly HOA dues:$252.08

About this home

Fully renovated 7-unit multifamily in prime San Mateo near Downtown & Caltrain. Strong in-place income, covered parking, and clear rent-growth upside. Offered at $2.45M | 4.27% Cap. 518 19th Ave is a 7-unit apartment building featuring (4) large 1-bed/1-bath units and (3) spacious studios, six of which have been renovated with modern finishes, dual-pane windows, and updated interiors. The 5,440 SF building on a 7,841 SF lot offers covered parking, laundry income, and energy-efficient upgrades. Current rents range $1,795-$2,350 with market potential to $2,995, providing stable cash flow and long-term upside. Ideally located near El Camino Real, Hwy 101/280/92, Hillsdale Shopping Center, and Bay Meadows. A rare San Mateo multifamily investment opportunity near major employers and transit.

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Home facts

  • Year built:1958
  • Listing ID #:425085735
  • Added:37 day(s) ago
  • Updated:November 23, 2025 at 03:48 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:5,440 sq. ft.

Structure and exterior

  • Roof:Tar/Gravel
  • Year built:1958
  • Building area:5,440 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$2,450,000
  • Price per sq. ft.:$450.37
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