This Multifamily Property is no longer advertised on LoopNet.com.

501 S Fremont St
San Mateo, CA 94402
Multifamily Property For Sale · 6 Units

Investment Highlights

  • Rarely-Available, Easy-to-Manage Apartment Near Downtown San Mateo
  • Potential to Add In-Unit Washer & Dryers. Also Add 2 to 3 ADU'S for more Income.
  • Multitudes of Capital Improvements: Plumbing, Electrical, Dual Pane Windows, New Water Heaters, New Exterior Painting, Drought-Resistant Landscaping
  • Spacious 2 BR/1 BA Units w/ Private Patios, Balconies - Excellent Rental Upside
  • Convenient Location Near 101 and Downtown San Mateo. Walkscore: 92. Bike Score: 84. Property on Treelined Streets.
  • Easy Access to Major Technology Employers: Visa, Genentech, EA, Meta, Google, etc.

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 6,970 SF
No. Stories 2
Year Built 1964
Parking Ratio 0.86/1,000 SF
Zoning R-3

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Double Pane Windows

Site Amenities

  • 24 Hour Access
  • Walking/Biking Trails

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $3,100 1,160

Property Taxes

Property Taxes

Parcel Number
033-293-320
Land Assessment
$2,660,000
Improvements Assessment
$1,090,000
Total Assessment
$3,750,000
  • Listing ID: 31766729

  • Date on Market: 5/10/2024

  • Last Updated:

  • Address: 501 S Fremont St, San Mateo, CA 94402

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