NOT LISTED FOR SALE

34 N Fremont St San Mateo, CA 94401

North Central Neighborhood
4 Beds
4 Baths
2,980 Sq Ft
8,398 Sq Ft Lot

Last Sold May 12, 2021

Last sale price $1,720,000 $577 Per Sq Ft

9 Days on Market

Highlights

  • Walk-In Closet
  • Washer and Dryer
  • 1-Story Property
  • San Mateo High School Rated A+
  • Back Yard

About This Home

As of May 2021

Get ahead of the curve with this fully electrified duplex. Features greatly upgraded electrical service capacity to support quality tenants who desire lower-carbon lifestyles: electric cooking, heating and EV charging. Spacious layout on a large lot makes property flexible as a duplex, multi-generational family compound, or an alternative to a home with an ADU for owners who want rental income. Each unit has: 2 bed 2 bath w/ additional bonus room; in-unit washer/dryer; recessed LED lighting; 2 walk-in closets; double garage w/ 240v plugin, private fenced yards. Units are separated by garages for privacy. Uncovered RV / boat parking may be possible. ~$310,000 in improvements done in 2017/18 include upgraded electrical service (200a/unit); wall heaters; water heaters; laundry hookups; new kitchen: cabinets, granite countertops, island, stainless steel appliances, under cabinet lights; remodeled bathrooms; dual pane windows; LVP flooring; int. and ext. paint; fencing; wifi garage doors

Last Agent to Sell the Property

Keith Suddjian

Cornish & Carey Commercial License #00673961 Listed on: 04/19/2021

Co-Listed By

Michelle Clark

Cornish & Carey Commercial License #01918902

Last Buyer's Agent

Linda Wang

Compass License #01703792

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 8,398 Sq Ft Lot
  • Back Yard

Parking

  • 4 Car Garage
  • Uncovered Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 2,980 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Utilities

  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $86,400

Community Details

Overview

Building Details

  • Gardener Expense $1,320
  • Insurance Expense $1,571
  • Maintenance Expense $69
  • Other Expense $740
  • Operating Expense $24,682
  • Gross Income $82,080

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 44
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2980
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Uncovered Parking

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: San Mateo Union High
  • Elementary School: Laurel Elementary
  • Middle School: Abbott Middle
  • High School: San Mateo High
  • High School: 672
  • Elementary School: 652
  • Middle School: 600

Lot Info

  • Lot Acres: 0.1928
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8400.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 19.54

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1571
  • Expense Landscape: 1320
  • Expense Maintenance: 69
  • Expenses Other: 740
  • Expenses Total: 24682
  • Income Annual Gross: 82080.00
  • Income Annual Rental: 86400
  • Income Gross Scheduled: 86400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Miscellaneous/Other, Services - Gardener, Services - Sewer, Vacancy Factor
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 5

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $1,720,000 +1.9% $577 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $1,688,000 +41.8% $566 / Sq Ft
07/19/2017 07/19/17 Sold $1,190,000 0.0% $399 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $1,190,000 -- $399 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Keith Suddjian

    Cornish & Carey Commercial

    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michelle Clark

    Cornish & Carey Commercial

    Section Image

  • L

    Buyer's Agent in 2021

    Linda Wang

    Compass

    Section Image

  • L

    Seller's Agent in 2017

    Lenora Wong

    Prime Metropolis Prop., Inc.

    (415) 706-9633

    8 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81839690

MLSListings

California San Mateo County San Mateo 94401 North Central

34 N Fremont St, San Mateo, CA

This home is located at 34 N Fremont St, San Mateo, CA 94401 since 19 April 2021. This property was built in 1977. 34 N Fremont St is a home located in San Mateo County with nearby schools including Laurel Elementary School, Abbott Middle School, and San Mateo High School.

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