Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82020858
MLS Source
MLSListings, Inc.
Days on Site
9
Interior Features
Appliances
Dishwasher, Garbage Disposal, Oven Range, Refrigerator
Flooring
Carpet, Tile, Vinyl/Linoleum
Laundry
Hookups Only
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Style
Bungalow
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage: 1 Car(s)
Elementary District
San Mateo-Foster City Elementary
High School District
San Mateo Union High
Zoning
R20000
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,068 | 2 | 1/0 | – |
| 2 | 1,068 | 2 | 1/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1931 Palm Ave is a Duplex in San Mateo, CA 94403. This 2,137 square foot property sits on a 4,750 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,750,000 and was built in 1955. This address can also be written as 1931 Palm Ave, San Mateo, CA 94403.
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This listing information is up-to-date as of September 14, 2025. For the most current information, please contact Stephen Guzzetti, (408) 393-4647
