Rare Investment opportunity with potential of adding an ADU on the expansive lot. This unique duplex with an additional one bedroom studio is perfectly situated just minutes from downtown Burlingame and San Mateo, making it an ideal choice for investors. The property includes a 2-bedroom, 1-bath upper unit, a 3-bedroom, 1-bath middle unit, and a 1-bedroom, 1-bath studio, all currently rented on month-to-month leases with total rents of $7,300 per month, does not include utilities. Features include newer carpet, tile flooring, crown molding, forced central heat, and abundant natural light. Recent updates include a composite roof, skylights, refreshed interior and exterior paint, and stainless steel appliances in select units. The property also offers shared laundry facilities, dedicated storage closets, open parking for three vehicles at the rear and updated sewer lateral. Located in a highly walkable neighborhood, residents enjoy easy access to walking trails, parks, schools, Caltrain, and an array of popular restaurants. Don’t miss this rare opportunity to own a versatile and well-maintained income property in a coveted location!
Property Details
Price:
$1,828,000
MLS #:
ML81988521
Status:
Active
Beds:
6
Baths:
3
Address:
119 E Poplar Avenue
Type:
Single Family
Neighborhood:
699notdefined
City:
San Mateo
Listed Date:
Dec 13, 2024
State:
CA
Finished Sq Ft:
1,940
ZIP:
94401
Lot Size:
7,384 sqft / 0.17 acres (approx)
Year Built:
1922
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Schools
Interior
Appliances
Refrigerator
Cooling
None
Flooring
Carpet, Tile
Heating
Central, Forced Air
Exterior
Garage Spaces
0.00
Parking Spots
3.00
Roof
Composition
Water Source
Public
Financial
Map
Community
- Address119 E Poplar Avenue San Mateo CA
- Area699 – Not Defined
- CitySan Mateo
- CountySan Mateo
- Zip Code94401
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119 E Poplar Avenue
San Mateo, CA
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