1927-1929 Palm Ave Duplex represents a very attractive investment and outstanding opportunity for the savvy investor. Located in a very desirable and sought after rental submarket, this duplex offers value-add upside through unit upgrades and rental repositioning. The units have been well maintained and have superior tenant profiles affording stable income and worry free operation. All units feature spacious 2 bedroom and 1 bathroom units featuring their own water heater. There is a common backyard for relaxing and entertaining and separate 1 car attached garages which include washer and dryer hookups. The units also boast dual pane windows and all utilities (PG&E & Water) are separately metered. Near Central Park and the vibrant downtown scene with nearby dining and shopping. CalTrain, Highways 101 and 92 are just minutes away with SFO and Bart less than 10 miles away as well. 1931 & 1933 Palm Ave duplexes are just across the beautiful paver driveway/courtyard and are also for sale by the same owner. These two duplexes can be sold in combination or separately via a driveway easement and maintenance agreement. The last set of interior photos are of 1927 when it was vacant. NEW Sewer Laterals!
Property Details
Price:
$1,688,000
MLS #:
ML82020863
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
699
Listed Date:
Sep 9, 2025
Finished Sq Ft:
2,137
Total Sq Ft:
2,137
Lot Size:
4,750 sqft / 0.11 acres (approx)
Year Built:
1954
See this Listing
Schools
School District:
Other
Elementary School:
Other
Middle School:
Other
High School:
Aragon
Interior
Appliances
DW, GD, RF
Cooling
NO
Flooring
TILE, CARP
Heating
WL
Exterior
Architectural Style
BNG
Parking Spots
2
Roof
CMP
Financial
Maintenance Fee
$3,092
Taxes
$23,268
Map
Community
- Address1927 Palm AV San Mateo CA
- CitySan Mateo
- CountySan Mateo
- Zip Code94403
Market Summary
Current real estate data for Single Family in San Mateo as of Nov 30, 2025
80
Single Family Listed
203
Avg DOM
795
Avg $ / SqFt
$1,730,612
Avg List Price
Property Summary
- 1927 Palm AV San Mateo CA is a Single Family for sale in San Mateo, CA, 94403. It is listed for $1,688,000 and features 0 beds, 0 baths, and has approximately 2,137 square feet of living space, and was originally constructed in 1954. The current price per square foot is $790. The average price per square foot for Single Family listings in San Mateo is $795. The average listing price for Single Family in San Mateo is $1,730,612.
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1927 Palm AV
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