16 W Bellevue Avenue, San Mateo, CA — listing photo 1
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FOR SALE

16 W Bellevue Avenue

San Mateo, CA 94402
3,856 Sq Ft
Built 1947
$3,650,000
Price ReducedWas $3,850,000 — $3,650,000 (-$200,000)

Property Overview

$200K PRICE IMPROVEMENT!! TRUE TROPHY FOURPLEX BORDERING HILLSBOROUGH!! The Hillsborough Apartments is an incredible opportunity to acquire a true pride of ownership property in one of the most sought after locations on the peninsula. With outstanding in-place rents, this trophy asset is a true turnkey apartment building perfect for investors, owner-occupiers, and generational family purchasers alike. Strategically positioned west of the El Camino Real, bordering the prestigious Hillsborough neighborhood, this property is a MUST SEE! Attractive Unit Mix: All four units are 2-bed, 1-bath, approximately 1,000 sf each. The property benefits from numerous recent upgrades and capital improvements. All 4 units updated with granite counters and subway tile wainscoting, crown molding, arched walkways, custom cherry cabinets, Restoration Hardware fixtures, Baldwin door knobs & deadbolts, and Leviton dimmer lights and electric plugs. New roof in 2021, new water heaters, new sewer lateral in 2019 & new sewer line and cleanout. New plumbing valves. Double-Paned windows throughout with custom plantation shutters. Energy Efficient Washer/ Dryer in each unit. Add an ADU by converting the garage parking into an additional unit or two to increase value and cash​​‌​​​​‌​​‌‌​​‌​​​‌‌​‌‌‌​​‌‌‌​​‌​‌​​​‌​‌ flow!

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Home Details

Property type
Residential Income - Quadruplex
Year built
1947
Living area
3,856 sq ft
Lot size
6,377 sq ft
Garage
4 spaces
Stories
2
Days on market
62
MLS status
Active
Zoning
Multifamily: R4

Features & Amenities

Appliances

  • Dishwasher
  • Microwave
  • Refrigerator

Security

  • Security Lights

Community, Schools & Utilities

Community

Annual property tax
$47,035

Schools

School district
Other

Utilities

Heating
WallFurnace
Cooling
None
Sewer
PublicSewer
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Location & Neighborhood

16 W Bellevue Avenue

San Mateo, CA 94402

Frequently Asked Questions About 16 W Bellevue Avenue

Property type: Residential Income

The current asking price is $3,650,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 16 W Bellevue Avenue. Our team will confirm availability and timing.
This property offers approximately 3,856 square feet of living space. It was built in 1947. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Mateo, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Mateo property.
The MLS currently reports the property as Active. It has been listed for 62 days. Status can change, so verify availability before relying on it.

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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Bryan Danforth
MLS ID: ML5100317

Available property

$3,650,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.