Home | San Mateo County | San Mateo | 94401 | 160 N Claremont St
MLS: ML81990301 | Status: | Price: $1,888,888
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,145 | 5,980 | 1900 |
5-Units for $1,900,000 Near Downtown San Mateo!! 5 Easy-To-Rent, Transit-Oriented Apartment Units (Near Downtown San Mateo / Walkscore: 92). Convenient Location: 8-Min. Walk to San Mateo Cal-Train Station & Downtown San Mateo. Strong Rental Location w/ Little to No Historical Vacancy. Supply-Constrained: Very Few Small/Midsized Apartments Nearby. Set Among Single Family Homes. Excellent Unit Mix: 3 BR/1 BA (1), 2 BR/1 BA (2), and 1 BR/1 BA (2) Plus Shared Yard. Potential to Increase Rents, Re-Tenant and Boost Rents and NOI. Capital Improvements: Dual-Pane Windows, Fence, Water Heaters, Coin-Op Washer & Dryers, 16-Camera Security Camera System, Exterior Painting, Updated Plumbing and Electrical, Drought-Resistant Landscaping. Proven, Consistent Income-Generator, Providing Strong Cashflow with Low Vacancies and Little Turnovers. Reasonably Low Operating Costs. Easy Access to Major Technology Employers in the Mid-Peninsula: Visa, Genentech, EA, Meta, Google, Stanford, etc. Easy Access to El Camino Real, Highway 101, 92, 280. Walkscore: 92 / Bike Score: 80. Current CAP Rate: 4.32% / Current GRM: 13.2. Pro-Forma CAP Rate: 5.05% / Pro-Forma GRM: 12. Building SF: 4,145 SF / Lot Size: 5,980 SF / Cost Per SF: $458/SF. Please Do Not Disturb Tenants. Thank you!
| Field | Value |
|---|---|
| MLS # | ML81990301 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Laundry | Coin Operated |
| Cooling | None |
| Heating | Radiant Floors, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Wood Frame |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Off-Street Parking, Garage: 4 Car(s) |
| Elementary District | San Mateo-Foster City Elementary |
| High School District | San Mateo Union High |
| Sewer | Public Sewer |
| Water | Public |
| Complex Amenities | Other |
| Zoning | RM0004 |
Don Sung
Colliers Parrish International
License #: 01935797
Phone: (650) 380-5188
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 570 | 1 | 1/0 | $2,500 | $2,500 | 1 |
| 2 | 450 | 1 | 1/0 | $2,100 | $2,100 | 1 |
| 3 | 680 | 2 | 1/0 | $2,500 | $2,576 | 2 |
| 4 | 1,040 | 3 | 1/0 | $2,250 | $2,250 | 1 |
School data provided by GreatSchools.org
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Don Sung, (650) 380-5188.