---
listing_id: ML82034011
status: ActiveUnderContract
price: 1688000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 2137
sqft_lot: 4750
lot_acres: 
year_built: 1955
property_type: Residential Income
property_subtype: Duplex
address: "1931 Palm Ave"
city: San Mateo
state: CA
zip: 94403
county: "San Mateo County"
lat: 37.550191
lng: -122.309101
days_on_market: 58
hoa_fee: 
hoa_frequency: 
garage_spaces: 1
list_agent: "Stephen Guzzetti"
list_office: "Intero Real Estate Services"
list_agent_phone: "(408) 393-4647"
list_agent_license: 01777838
mls_source: MLSL
modified: 2026-03-11
transaction_type: buy
---

Home | San Mateo County | San Mateo | 94403 | 1931 Palm Ave

1931 Palm Ave, San Mateo, CA 94403

MLS: ML82034011 | Status: Contingent | Price: $1,688,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
2,137 4,750 1955

Remarks

1931-1933 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. 1927 & 1929 Palm Ave duplexes are just across the beautiful and functional 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. This duplex is 100% leased up. NEW Sewer Laterals! Please DO NOT go on the property!

MLS Listing Information

Field Value
MLS # ML82034011
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Appliances Dishwasher, Garbage Disposal, Oven Range, Refrigerator
Flooring Carpet, Tile, Vinyl/Linoleum
Laundry Hookups Only
Cooling None
Heating Wall Furnace

Exterior Features

Feature Details
Roof Composition
Foundation Concrete Perimeter and Slab
Style Bungalow

Parking, School, and Other Information

Feature Details
Garage/Parking Attached Garage, Garage: 1 Car(s)
Elementary District San Mateo-Foster City Elementary
High School District San Mateo Union High
Zoning R20000

Contact Information

Stephen Guzzetti
Intero Real Estate Services
License #: 01777838
Phone: (408) 393-4647

Property Units

# Buildings # Leased Units # Total Units
1 2 2

Unit Details

Unit # Sq Ft Beds Baths Rent
1 1,068 2 1/0 $3,610
2 1,068 2 1/0 $3,505

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
College Park Elementary School public K-5 0.53 mi 8
Fiesta Gardens International Elementary School public K-5 0.62 mi 3
Borel Middle School public 6-8 0.68 mi 8
Beresford Elementary School public K-5 0.74 mi 4
Sunnybrae Elementary School public K-5 0.82 mi 1
Meadow Heights Elementary School public K-5 0.88 mi 7
Parkside Montessori public PK,KG,1,2,3,4,5,6,7,8 1.05 mi 9
Aragon High School public 9-12 1.17 mi 10
Baywood Elementary School public K-5 1.22 mi 6
Laurel Elementary School public K-5 1.23 mi 3
Hillsdale High School public 9-12 1.32 mi 9
Bayside Academy public K-8 1.32 mi 6
George Hall Elementary School public K-5 1.32 mi 8
Abbott Middle School public 6-8 1.35 mi 4
LEAD Elementary public K-5 1.41 mi 2
South Hillsborough School public K-5 1.74 mi 8
North Shoreview Montessori Elementary School public K-8 1.79 mi 9
Foster City Elementary School public K-5 1.94 mi 8
San Mateo High School public 9-12 2.14 mi 9
San Mateo Adult public UG 2.18 mi N/A

Nearby Homes

Address Price Beds Baths Sq Ft Status
53 E 39th Ave $1,799,888 2,962 PendingDoNotShow
119 E Poplar Ave $1,698,000 2,490 Contingent
115 N Kingston St $1,398,000 1,960 Contingent
1028 S Idaho St $1,599,000 2,097 Active

Disclosures

©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of March 11, 2026. For the most current information, please contact Stephen Guzzetti, (408) 393-4647.