1927 Palm Ave, San Mateo, CA 94403 | For Sale

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For Sale $1,688,000 ($789.89 per Sq Ft)

$1,688,000 ($789.89 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 2,137 Sq Ft
  • 4,750 Sq Ft

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!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,688,000
Property Type Duplex (2-units)
Usable Sqft 2,137
Number of Stories 1 stories
Parking Spots 1 spots
Year Built 1954
Last Sold Unknown
Sold Price Unknown
APN # 035231150
MLS # ML82020863
Property ID 295047567
Lot Sqft 4,750
Zoning R20000
Days on Market 141
Original List Price $1,750,000
Applicances Dishwasher,Disposal,Refrigerator%
Date Updated December 15, 2025
Date Created September 09, 2025
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Listing Provided By

Stephen Guzzetti an agent of . Lic #01777838


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 15, 2025 The information being provided is 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.



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