$1,799,888

Estimated payment $11,023/month

5 Beds
2 Baths
2,962 Sq Ft
$608 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Ceiling Fan
  • George Hall Elementary School Rated A
  • Forced Air Heating System
  • Washer and Dryer

About This Home

Welcome to 53-55 E 39th Street, a rare and spacious duplex located in the heart of San Mateo. This versatile property offers an incredible opportunity for investors, multi-generational living, or owner-occupants seeking additional rental income. The front unit features 3 bedrooms and 1 bathroom with a generous layout ideal for a family or primary residence, while the rear unit offers 2 bedrooms and 1 bathroom, perfect for a small family. Each unit enjoys its own private entrance, garage, indoor laundry, and access to outdoor yard space. Interiors are bright and well-maintained, with hardwood flooring and updated kitchens throughout. Not to mention each unit has its own oversized back yard, bringing in additional cashflow for investors. Located on a quiet, tree-lined street just minutes from Hillsdale Shopping Center, Caltrain, top-rated schools, and an array of dining and retail options, this property offers a perfect blend of comfort, convenience, and long-term value. Easy access to Highways 92, 101, and El Camino Real makes commuting a breeze. Whether you're looking to live in one unit and rent the other, or add a high-quality asset to your real estate portfolio, 53 E 39th Street presents a rare and rewarding opportunity in one of the Peninsulas most desirable locations.

Listing Agent

Dominic Gluhaich

Intero Real Estate Services License #02092371 Listed on: 02/03/2026

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1935

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,962 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

Building Details

  • Gardener Expense $600
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Trash Expense $1,200
  • Operating Expense $25,050
  • Gross Income $104,760

Property Details

Home Type

Multi-Family

Year Built

1935

Lot Details

0

Parking

2

Listing Details

  • Zoning: R30000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2962
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1935

Interior Features

  • Living Sq Ft: 2962
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Sealed Crawlspace
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 641

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9688.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9688.00

Rental Info

  • Gross Rent Multiplier: 16.67

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 600
  • Expense Maintenance: 1000
  • Expenses Total: 25050
  • Expense Trash: 1200
  • Income Annual Gross: 104760.00
  • Income Annual Rental: 108000
  • Income Gross Scheduled: 108000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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 $17,647 $1,280,668 $640,334 $640,334
2023 $17,647 $1,230,940 $615,470 $615,470
2022 $16,910 $1,206,804 $603,402 $603,402
2021 $16,312 $1,183,142 $591,571 $591,571
2020 $16,042 $1,171,012 $585,506 $585,506
2019 $15,445 $1,148,052 $574,026 $574,026
2018 $14,649 $1,125,542 $562,771 $562,771
2017 $14,126 $1,103,474 $551,737 $551,737
2016 $13,847 $1,081,838 $540,919 $540,919
2015 $13,567 $1,065,588 $532,794 $532,794
2014 $13,037 $1,044,716 $522,358 $522,358
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2026 02/03/26 For Sale $1,799,888 -- $608 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Law Office Of Lauren Rios
Grant Deed $975,000 Financial Title Company
Interfamily Deed Transfer -- --
Grant Deed $550,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $731,250 Purchase Money Mortgage
Previous Owner $440,000 No Value Available
Source: Public Records

Source: MLSListings

MLS Number: ML82033640

MLSListings

APN: 040-071-100