Introducing the San Mateo Residential Portfolio a rare opportunity to acquire a strategically located, easily managed set of multi-residential properties in the heart of Downtown San Mateo. The portfolio includes three single-family homes and a cottage, all tenant-occupied on month-to-month leases, providing immediate income with flexibility. Professionally managed by a reputable local firm, the three contiguous parcels span nearly one acre of R2-zoned land with strong redevelopment potential (buyer to verify). Situated just steps from Central Park, Caltrain, top-rated dining, boutique shopping, theaters, banks, fitness centers, and freeway access, the location offers unmatched convenience. Downtown San Mateo is experiencing rapid growth and revitalization, making this an ideal opportunity for investors seeking long-term value, passive income, and future development upside in one of the Peninsula’s most dynamic markets. ***Note: All homes in this portfolio are currently Tenant occupied – "Please kindly do not disturb" Thank you!***
Property Details
Price:
$6,500,000
MLS #:
ML82004982
Status:
Active
Baths:
0
Address:
19 S Delaware Street
Type:
Residential Income
Subtype:
Mixed Use
Neighborhood:
699notdefined
City:
San Mateo
Listed Date:
May 1, 2025
State:
CA
ZIP:
94401
Lot Size:
25,050 sqft / 0.58 acres (approx)
Year Built:
1908
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Schools
Interior
Accessibility Features
Parking
Cooling
Gas
Heating
Fireplace(s), Wall Furnace
Exterior
Garage Spaces
2.00
Parking Features
Off Street
Parking Spots
10.00
Roof
Shingle
Security Features
Guarded
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Taxes
$32,236
Map
Community
- Address19 S Delaware Street San Mateo CA
- Area699 – Not Defined
- CitySan Mateo
- CountySan Mateo
- Zip Code94401
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19 S Delaware Street
San Mateo, CA
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