Property Details
About this Property
3223 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.
MLS Listing Information
MLS #
EB41121432
MLS Source
Bridge MLS
Days on Site
11
Interior Features
Flooring
Carpet - Wall to Wall, Hardwood
Cooling
None
Heating
Forced Air
Parking, School, and Other Information
Water
Other
Contact Information
Listing Agent
Ken Wu
Compass
License #: 02131550
Phone: (408) 666-2585
Co-Listing Agent
Ray Rodriguez
License #: 01999734
Phone: (650) 405-0743
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 9 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 700 | 1 | 0/0 | – | – | – |
| 2 | 900 | 2 | 0/0 | – | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3223 Glendora Dr is a Residential Income in San Mateo, CA 94403. This 8,652 square foot property sits on a 0.26 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,700,000 and was built in 1964. This address can also be written as 3223 Glendora Dr, San Mateo, CA 94403.
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This listing information is up-to-date as of January 27, 2026. For the most current information, please contact Ken Wu, (408) 666-2585
