$2,098,000
$200K PRICE DROP

Estimated payment $12,243/month

Total Views 3,082
4 Beds
3 Baths
3,724 Sq Ft
$563 Price per Sq Ft

Highlights

  • Wood Flooring
  • 3 Car Attached Garage
  • Forced Air Heating System
  • Baywood Elementary School Rated A
  • Laundry Room
  • Washer and Dryer

About This Home

Brand New Price!!! Location!...Location!...Location! This 3 unit building is located in the beautiful Aragon district of San Mateo. Each unit has a remodeled kitchen, a living room and formal dining room. The lower unit (Unit 1) is 2 bedrooms with exposed hardwood floors and remodeled bathroom. This was the owner's unit until last year. The upper units have wall to wall carpeting. Unit 2 has a remodeled bathroom and Unit 3 has an original bathroom. There is a side yard with mature landscaping and artificial turf and deck area and a backyard space for relaxing and bar-b-cuing. The tenants share a washer and dryer on the main level and a washer on the upper level and they have interior access to the attached garage. Each tenant has their own space and they can also park in their driveways.

Listing Agent

Suzan J. Gogol

Coldwell Banker Realty License #01496584 Listed on: 07/24/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,780

Year Built

  • 1937

Lot Details

  • 5,698 Sq Ft Lot

Parking

  • 3 Car Attached Garage
  • Assigned Parking

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,724 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $3,159
  • Maintenance Expense $3,000
  • Other Expense $100
  • Utility Expense $5,208
  • Trash Expense $868
  • Operating Expense $26,315
  • Gross Income $72,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,780

Year Built

1937

Lot Details

0

Parking

3

Listing Details

  • Zoning: R5
  • Subclass: Triplex
  • Age: 88
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3724
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1937

Interior Features

  • Living Sq Ft: 3724
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Post And Pier
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.1308
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5696.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5696.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Security Deposit
  • Gross Rent Multiplier: 28.20
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3159
  • Expense Landscape: 1200
  • Expense Maintenance: 3000
  • Expenses Other: 100
  • Expenses Total: 26315
  • Expenses Utility: 5208
  • Expense Trash: 868
  • Income Annual Gross: 72912.00
  • Income Annual Rental: 74400
  • Income Gross Scheduled: 74400
  • Income Includes: Rents
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Map

Range of Values:

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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 $12,780 $775,997 $232,793 $543,204
2023 $12,780 $745,865 $223,754 $522,111
2022 $12,479 $731,241 $219,367 $511,874
2021 $11,948 $716,904 $215,066 $501,838
2020 $11,245 $709,554 $212,861 $496,693
2019 $10,741 $695,642 $208,688 $486,954
2018 $10,091 $682,003 $204,597 $477,406
2017 $9,570 $668,632 $200,586 $468,046
2016 $9,031 $655,522 $196,653 $458,869
2015 $8,778 $645,677 $193,700 $451,977
2014 $8,620 $633,030 $189,906 $443,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Price Changed $2,098,000 -8.7% $563 / Sq Ft
07/24/2025 07/24/25 For Sale $2,298,000 -- $617 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Amrock Inc
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- --
Grant Deed $495,000 Old Republic Title Ins Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $427,400 New Conventional
Previous Owner $490,500 New Conventional
Previous Owner $150,000 Stand Alone Second
Previous Owner $556,000 Purchase Money Mortgage
Previous Owner $559,000 New Conventional
Previous Owner $346,500 No Value Available
Source: Public Records

Source: MLSListings

MLS Number: ML82015833

MLSListings

APN: 034-262-190