Keller Williams Advisors - Lydia Goodman
1/31
Listing Courtesy Of: Compass, 415-786-9410, Nate Gustavson
Local Realty Services Provided By: KW Advisors
Overview
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$1,895,000
422 E 16th Avenue, San Mateo, CA 94402
3,964 sq ft
.11 ac
$1,895,000

422 E 16th Avenue, San Mateo, CA 94402

Estimation provided by Keller Williams Realty Inc.
3,964 sq ft
.11 ac
Pending (Do Not Show)
For Sale

Property Description

Compass Commercial is pleased to announce the exclusive listing of 422 E. 16th Street. Discover a prime investment opportunity in this well-maintained fourplex at 422 16th Avenue in San Mateo, California. This multifamily investment opportunity offers an ideal blend of location, convenience, and steady rental income. The property features a total of four units: one (1) spacious 2-bedroom/1-bath apartment with a private backyard and patio, alongside three (3) 1-bedroom/1-bath units. Each residence boasts dual-pane windows, ensuring energy efficiency and comfort for tenants. Built in 1961, the building spans 3,964 square feet on a 4,800 square foot lot. Residents benefit from four dedicated carports with storage, as well as brand-new onsite laundry facilities. Situated within walking distance of Station Park's shops and restaurants, this property provides excellent connectivity to Highways 101 and 92, as well as the Hayward Park Caltrain Station.

Property Details

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Overview
Property Type
Fourplex
Property Size
3,964 sq ft
Year Built
1961
Days on Site
44 Days
HVAC
Ceiling Fan, Wall Furnace
Parking
Yes
Lydia Goodman at Keller Williams Advisors
Keller Williams Advisors
DRE# 02190735

Activity History

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Purchase Price: $1,895,000
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Price & Tax History

Date
Event
Price
02/12/2025
Listed
$1,895,000
(+97.4%)
05/19/2009
Sold
$960,000
(+1.05%)
09/27/2006
Sold
$950,000
(+117.64%)
11/06/1997
Sold
$436,500
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$21,562
(+17.68%)
$1,211,998
Land 605,999 + Additions 605,999
2021
$18,323
(+12.15%)
$1,164,936
Land 582,468 + Additions 582,468
2019
$16,338
(+4.64%)
$1,130,386
Land 565,193 + Additions 565,193
2018
$15,613
(+16.45%)
$1,108,222
Land 554,111 + Additions 554,111
2016
$13,407
$1,065,192
Land 532,596 + Additions 532,596
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Lydia Goodman at Keller Williams Advisors
Keller Williams Advisors
DRE# 02190735

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