---
listing_id: ML81931687
status: Closed
price: 1650000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 4188
sqft_lot: 12225
lot_acres: 0.28
year_built: 1937
property_type: Residential Income
property_subtype: 
address: "45 E 40th Ave"
city: San Mateo
state: CA
zip: 94403
county: "San Mateo County"
lat: 37.533368
lng: -122.290738
days_on_market: 1045
hoa_fee: 
hoa_frequency: 
garage_spaces: 3
list_agent: "Wayne Gomes"
list_office: "Coldwell Banker Realty"
list_agent_phone: "(650) 619-5399"
list_agent_license: 00673914
mls_source: MLSL
modified: 2026-02-01
transaction_type: recentlySold
---

Home | San Mateo County | San Mateo | 94403 | 45 E 40th Ave

45 E 40th Ave, San Mateo, CA 94403

MLS: ML81931687 | Status: | Price: $1,650,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Acres Lot Yr Built
4,188 0.28 1937

Remarks

Big price reduction! Great value!! 45 East 40th Ave is a 5 unit building that is in close proximity to renowned Hillsdale shopping center which adds to this investment opportunity. Big units and lots of open space for all tenants. Units 1,2,3 have private garages and units 4 & 5 have large carports. Units 4 and 5 have large backyards. Units 1&3 have large patio's and unit 2 has large deck area off entry. All five units have their own electric meters plus house meter. Units separately metered for water as all have their own water meter was well as hot water heaters. 4 Gas meters so 2 units share. Contact your realtor as we have 3 tours dates to view all units.

MLS Listing Information

Field Value
MLS # ML81931687
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Appliances Oven Range
Flooring Carpet, Vinyl/Linoleum
Laundry Coin Operated
Cooling None
Heating Electric, Wall Furnace

Exterior Features

Feature Details
Roof Composition, Other
Foundation Slab
Style Other

Parking, School, and Other Information

Feature Details
Garage/Parking Attached Garage, Carport, Covered Parking, Garage: 3 Car(s)
Elementary District San Mateo-Foster City Elementary
High School District San Mateo Union High
Sewer Public Sewer
Water Public
Zoning R-3

Contact Information

Listing Agent Co-Listing Agent
Wayne Gomes Colette Gomes
Coldwell Banker Realty
License #: 00673914 License #: 02207570
Phone: (650) 619-5399 Phone: (650) 922-9162

Property Units

# Buildings # Leased Units # Total Units
1 4 5

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 885 1 1/0 $1,800 $2,395 3
2 2,200 3 1/0 $3,200 $3,600 1
3 575 1 1/0 $1,995 1

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
George Hall Elementary School public K-5 0.27 mi 9
Central Elementary School public K-5 0.77 mi 9
Laurel Elementary School public K-5 0.80 mi 3
Abbott Middle School public 6-8 1.00 mi 4
Nesbit Elementary School public K-8 1.03 mi 6
Beresford Elementary School public K-5 1.11 mi 4
Fiesta Gardens International Elementary School public K-5 1.12 mi 4
Foster City Elementary School public K-5 1.29 mi 9
Hillsdale High School public 9-12 1.30 mi 9
College Park Elementary School public K-5 1.37 mi 9
Meadow Heights Elementary School public K-5 1.47 mi 7
Cipriani Elementary School public K-5 1.51 mi 8
San Mateo County Special Education School public K-12 1.60 mi N/A
San Mateo County Rop School public 11-12 1.60 mi N/A
Tierra Linda Middle School public 6-8 1.70 mi 10
Mariposa Upper Elementary School public 4,5 1.70 mi 10
Beach Park Elementary public K-5 1.84 mi 8
Ralston Intermediate School public 6-8 1.89 mi 10
Carlmont High School public 9-12 1.92 mi 10
Parkside Montessori public PK,KG,1,2,3,4,5,6,7,8 1.98 mi 9

Disclosures

©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of February 01, 2026. For the most current information, please contact Wayne Gomes, (650) 619-5399.