1567 Lago St San Mateo, CA 94403
Los Prados NeighborhoodEstimated payment $10,287/month
Total Views
274
5
Beds
3
Baths
1,900
Sq Ft
$884
Price per Sq Ft
Highlights
- Water Views
- Granite Countertops
- Forced Air Heating System
- Parkside Montessori (PK-8) Rated A
- Tile Flooring
- Ceiling Fan
About This Home
Waterfront living and investment opportunity in San Mateo! This rare duplex sits along the peaceful Lago Street lagoon and offers two well-designed units: one featuring 3 bedrooms and 1.5 bathrooms, and the other offering 2 bedrooms and 1 bathroom. Both enjoy beautiful water views, creating a serene backdrop that makes this property truly special. Whether youre an investor seeking strong rental potential or a buyer looking to live in one unit while generating income from the other, this duplex provides excellent flexibility. The location is unbeatableenjoy nearby parks, top schools, shopping, dining, and easy access to major freeways for commuting. With its combination of lifestyle appeal and investment value, this property is a unique opportunity you wont want to miss.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,597
Year Built
- 1959
Lot Details
- 8,525 Sq Ft Lot
Parking
- 2 Car Garage
- 2 Carport Spaces
- Assigned Parking
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Metal Roof
Interior Spaces
- 1,900 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Water Views
- Washer and Dryer
Kitchen
- Electric Oven
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Laminate
- Tile
Utilities
- Forced Air Heating System
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $1,000
- Insurance Expense $2,000
- Maintenance Expense $2,000
- Manager Expense $4,896
- Utility Expense $1,268
- Operating Expense $25,459
- Gross Income $79,152
Map
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Home Values in the Area
Average Home Value in this Area
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 | $13,597 | $910,630 | $455,315 | $455,315 |
| 2023 | $13,597 | $875,272 | $437,636 | $437,636 |
| 2022 | $12,862 | $858,110 | $429,055 | $429,055 |
| 2021 | $12,257 | $841,286 | $420,643 | $420,643 |
| 2020 | $11,647 | $832,660 | $416,330 | $416,330 |
| 2019 | $11,174 | $816,334 | $408,167 | $408,167 |
| 2018 | $10,846 | $800,328 | $400,164 | $400,164 |
| 2017 | $10,082 | $784,636 | $392,318 | $392,318 |
| 2016 | $9,756 | $769,252 | $384,626 | $384,626 |
| 2015 | $9,745 | $757,698 | $378,849 | $378,849 |
| 2014 | $9,305 | $742,856 | $371,428 | $371,428 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $1,680,000 | -- | $884 / Sq Ft |
Source: MLSListings
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | $725,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Individual Deed | -- | North American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $255,000 | Stand Alone First | |
| Previous Owner | $217,000 | Stand Alone First |
Source: Public Records
Similar Homes in San Mateo, CA
Source: MLSListings
MLS Number: ML82019034
APN: 040-391-120
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