Incredible opportunity: Spacious residential penthouse, a 2 bedroom 2.5 bath with in-unit washer/dryer and two patios, fully renovated. Back of property has two enclosed patios, accessible via stairs from residential unit, both commercial units, and common service corridor. Residential unit has been meticulously updated with all new bathrooms, kitchen, flooring, lighting, appliances, washer/dryer, heating, and more, making it a perfect pied-a-terre or owner-operator residence. Residential unit is tenant-occupied.2 commercial units (vacant) + 1 residential unit (occupied), in mixed use / commercial building on busy 37th Avenue in San Mateo. Recent renovation has made the commercial spaces ready for various tenant adaption and usages. Property was previously home to a flower shop and a sandwich shop. The location adjacent to El Camino Real on a busy neighborhood main street offers a myriad of uses. Bring your vision, your architect, and explore two spacious, ready-to-occupy units with amazing frontage and foot traffic. Numbers listed are a combination of actual costs and pro forma numbers, please review disclosures and additional information. DO NOT DISTURB OCCUPANTS. THIS IS PART OF THE COMMERCIAL MIXED USE LISTING ML82016152
Property Details
Price:
$2,195,000
MLS #:
ML82016216
Status:
Active
Beds:
2
Baths:
3
Type:
Single Family
Neighborhood:
699notdefined
Listed Date:
Jul 29, 2025
Finished Sq Ft:
1,075
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1950
See this Listing
Schools
School District:
Other
Interior
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
None
Flooring
Laminate
Exterior
Parking Features
None
Parking Spots
0.00
Roof
Tar/Gravel
Financial
Map
Community
- Address42 37th Avenue San Mateo CA
- Neighborhood699 – Not Defined
- CitySan Mateo
- CountySan Mateo
- Zip Code94403
Subdivisions in San Mateo
Market Summary
Current real estate data for Single Family in San Mateo as of Oct 22, 2025
80
Single Family Listed
480
Avg DOM
1,157
Avg $ / SqFt
$2,260,289
Avg List Price
Property Summary
- 42 37th Avenue San Mateo CA is a Single Family for sale in San Mateo, CA, 94403. It is listed for $2,195,000 and features 2 beds, 3 baths, and has approximately 1,075 square feet of living space, and was originally constructed in 1950. The current price per square foot is $2,042. The average price per square foot for Single Family listings in San Mateo is $1,157. The average listing price for Single Family in San Mateo is $2,260,289.
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42 37th Avenue
San Mateo, CA