Seller's Agent in 2026
Ken Wu
Compass
(415) 825-3085
1 in this area
7 Total Sales
3223 Glendora Dr San Mateo, CA 94403
San Mateo Knolls Neighborhood
--
Bed
--
Bath
8,652
Sq Ft
0.27
Acres Lot
Highlights
- Wood Flooring
- No HOA
- Paved or Partially Paved Lot
- Highlands Elementary School Rated A-
- Forced Air Heating System
About This Home
As of March 20263223 Glendora Drive is a well-maintained 9-unit apartment property located in a prime San Mateo neighborhood directly adjacent to the Laurelwood Shopping Center. The asset reflects true pride of ownership and offers a compelling blend of stability, unit size, and rental upside. The unit mix consists of seven spacious one-bedroom/one-bath units and two two-bedroom/one-bath units. The one-bedroom units range approximately 750–800 square feet, while the two-bedroom units are approximately 950 square feet—sizes that are well above typical market averages and highly attractive to long-term tenants. The property is very well maintained and features tuck-under parking with one enclosed garage space currently being leased as storage, providing valuable off street parking in a supply-constrained area. Tenants benefit from a quiet rear courtyard and backyard area, enhancing livability and tenant retention. Current rents are below market, offering approximately 24% upside through rent growth, positioning the property as an ideal opportunity for an investor seeking both immediate cash flow and long-term value appreciation in one of San Mateo’s most desirable submarkets.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 11,615 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- Carport
Home Design
- Flat Roof Shape
- Stucco
Flooring
- Wood
- Carpet
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Laurelwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 041263290
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | Sold | $4,520,000 | -3.8% | $522 / Sq Ft |
| 02/02/2026 02/02/26 | Pending | -- | -- | -- |
| 01/20/2026 01/20/26 | For Sale | $4,700,000 | -- | $543 / Sq Ft |
Source: bridgeMLS
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 | $60,040 | $4,350,000 | $3,196,000 | $1,154,000 |
| 2023 | $60,040 | $4,600,000 | $3,379,790 | $1,220,210 |
| 2022 | $61,440 | $4,400,000 | $3,230,000 | $1,170,000 |
| 2021 | $58,342 | $4,350,000 | $3,200,000 | $1,150,000 |
| 2020 | $62,914 | $4,845,000 | $3,559,800 | $1,285,200 |
| 2019 | $21,053 | $1,335,095 | $400,525 | $934,570 |
| 2018 | $19,559 | $1,308,918 | $392,672 | $916,246 |
| 2017 | $16,866 | $1,283,254 | $384,973 | $898,281 |
| 2016 | $16,208 | $1,258,093 | $377,425 | $880,668 |
| 2015 | $16,213 | $1,239,196 | $371,756 | $867,440 |
| 2014 | $15,554 | $1,214,923 | $364,474 | $850,449 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Wu
-
Ray Rodriguez
Seller Co-Listing Agent in 2026
Ray Rodriguez
(626) 483-5136
1 in this area
90 Total Sales
-
Gregory Terry
G
Buyer's Agent in 2026
Gregory Terry
(626) 914-2904
1 in this area
1 Total Sale
Map
Source: bridgeMLS
MLS Number: 41121432
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.
Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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