$1,698,000
OPEN SAT 11AM - 1PM

119 E Poplar Ave San Mateo, CA 94401

North Central Neighborhood

Estimated payment $10,891/month

6 Beds
3 Baths
2,490 Sq Ft
$682 Price per Sq Ft

Highlights

  • High Ceiling
  • Double Pane Windows
  • Tile Flooring
  • Borel Middle School Rated A-
  • Storage Room
  • Forced Air Heating System

About This Home

Rare Investment Opportunity in a Prime San Mateo Location! Ideally located between Downtown Burlingame and Downtown San Mateo, this well-maintained duplex with an additional unit offers excellent flexibility for investors, owner-occupants, or multi-generational living. The property includes a 2BR/1BA upper unit, 3BR/1BA middle unit, and a 1BR/1BA studio. Features include updated interiors, dual-paned windows, newer carpet, tile flooring, crown molding, and abundant natural light. Select units offer stainless steel appliances. Recent improvements include a composite roof, skylights, fresh interior and exterior paint, and an updated sewer lateral. Amenities include shared laundry, dedicated storage closets, and open parking for up to three vehicles. The large lot may offer ADU potential (buyer to verify with the City of San Mateo). Walkable location near Caltrain, top schools, parks, trails, and a variety of shops and restaurants. Live in one unit and rent the others, or enjoy solid income from all three, an exceptional opportunity in a highly desirable neighborhood!

Listing Agent

Alicia Sandoval

Keller Williams Palo Alto License #01475157 Listed on: 02/10/2026

Keller Williams Palo Alto

Open House Schedule

  • Saturday, February 14, 2026
    11:00 am to 1:00 pm
    2/14/2026 11:00:00 AM +00:00
    2/14/2026 1:00:00 PM +00:00
    Versatile 3-unit property in a prime San Mateo location. Strong income potential, large lot, and walkable to Caltrain, shops, and dining.
    Add to Calendar
  • Sunday, February 15, 2026
    1:30 to 4:00 pm
    2/15/2026 1:30:00 PM +00:00
    2/15/2026 4:00:00 PM +00:00
    Versatile 3-unit property in a prime San Mateo location. Strong income potential, large lot, and walkable to Caltrain, shops, and dining.
    Add to Calendar

Property Details

Home Type

  • Multi-Family

Year Built

  • 1922

Parking

  • 1 Car Garage
  • 4 Carport Spaces
  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,490 Sq Ft Home
  • High Ceiling
  • Double Pane Windows
  • Storage Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Additional Features

  • 7,314 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

Community Details

Building Details

  • 3 Leased Units
  • Insurance Expense $1,355
  • Maintenance Expense $3,260
  • Operating Expense $27,177
  • Gross Income $86,436

Additional Features

  • 2,490 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1922

Lot Details

0

Parking

1

Listing Details

  • Zoning: RH3
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2490
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Kitchen: Dishwasher, Oven Range, Refrigerator
  • Living Sq Ft: 2490
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Carport, Uncovered Parking
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 672

Lot Info

  • Lot Acres: 0.1679
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7314.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7314.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.25
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1355
  • Expense Maintenance: 3260
  • Expenses Total: 27177
  • Income Annual Gross: 86436.00
  • Income Annual Rental: 88200
  • Income Gross Scheduled: 88200
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Vacancy Factor: 2

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,562 $1,562,608 $1,041,740 $520,868
2023 $22,562 $1,501,932 $1,001,289 $500,643
2022 $20,950 $1,472,483 $981,656 $490,827
2021 $20,983 $1,443,611 $962,408 $481,203
2020 $19,772 $1,428,809 $952,540 $476,269
2019 $18,658 $1,400,794 $933,863 $466,931
2018 $17,696 $1,373,328 $915,552 $457,776
2017 $17,165 $1,346,400 $897,600 $448,800
2016 $16,139 $1,278,896 $639,448 $639,448
2015 $15,764 $1,259,686 $629,843 $629,843
2014 $14,375 $1,235,012 $617,506 $617,506
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2026 02/10/26 For Sale $1,698,000 -- $682 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $175,000 None Available
Grant Deed -- None Available
Grant Deed $1,130,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $893,000 Old Republic Title Company
Corporate Deed $850,000 First American Title Co
Grant Deed -- --
Grant Deed $625,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $904,000 Negative Amortization
Previous Owner $670,000 Purchase Money Mortgage
Previous Owner $500,000 Seller Take Back
Source: Public Records

Source: MLSListings

MLS Number: ML82034497

MLSListings

APN: 032-173-300

California San Mateo County San Mateo 94401 North Central

119 E Poplar Ave, San Mateo, CA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes
Alicia Sandoval
Listing Agent
Alicia Sandoval
Section Image
Keller Williams Palo Alto
(650) 718-8903