Prime 6-Unit Investment Opportunity at the Heart of Silicon Valley!!! Discover this income-generating 6-unit apartment building in the heart of San Mateos thriving market! Featuring five 1-bed/1-bath units and one spacious 2-bed/1-bath unit, this property boasts dependable annual rental income from reliable, long-term tenants on month-to-month leases. Three units shine with modern upgrades, including granite countertops, newer appliances, refreshed bathrooms, plush carpets, and fresh paint. Enjoy energy-efficient double-pane windows, convenient carport parking, and an on-site laundry facility for added revenue. Perfectly located near tech hubs and amenities, this gem offers immense potential for savvy investors to transform and maximize returns. Seize this exclusive off-market deal now before its gone!
MLS #
ML82021454
MLS Source
MLSListings, Inc.
Days on Site
3
Kitchen
Countertop - Granite
Flooring
Hardwood, Laminate, Tile
Laundry
Coin Operated
Cooling
Central Forced Air - Gas
Heating
Wall Furnace
Roof
Composition
Foundation
Other
Style
Ranch
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
San Mateo-Foster City Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
Multi Family Residential
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 6 | 6 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 800 | 2 | 1/0 | $2,400 | $2,400 | 1 |
2 | 725 | 1 | 1/0 | $2,200 | $2,200 | 5 |
3 | 725 | 1 | 1/0 | $2,200 | $2,200 | 5 |
4 | 725 | 1 | 1/0 | $2,200 | $2,200 | 5 |
5 | 725 | 1 | 1/0 | $2,200 | $2,200 | 5 |
1950 Ivy St is a Residential Income in San Mateo, CA 94403. This 4,428 square foot property sits on a 5,666 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,400,000 and was built in 1958.
This address can also be written as 1950 Ivy St, San Mateo, CA 94403.©2025 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.
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This listing information is up-to-date as of September 15, 2025. For the most current information, please contact Regina Zabarte, (408) 431-5684