Home | San Mateo County | San Mateo | 94403 | 94 E 39th Ave
94 E 39th Ave, San Mateo, CA 94403
MLS: ML82017012 | Status: Sold | Price: $1,760,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
2,520 |
6,101 |
1954 |
94 East 39th Avenue is beautifully updated four (4) unit multifamily asset in a prime San Mateo location, ideal for investors or owner-users. Located in the quiet San Mateo Village neighborhood just five (5) blocks from Hillsdale Shopping Center, the property features four spacious 1-Bedroom/1-Bath units (~630 sqft), all tastefully renovated with quartz countertops, updated appliances, modern flooring, and upgraded electrical. His-and-hers closets and individual water heaters add comfort, ample hot water and convenience for the tenants. --- Situated on a 6,101 square foot lot, the building includes four (4) covered carport, a bonus side yard with potential for added parking or storage, and an on-site laundry room with owned washer/dryer machines for additional income. --- Tenants enjoy proximity to Hillsdale Mall, Trader Joes, Whole Foods, and multiple public parks. The property provides easy access and is a short walk to El Camino Real, Hwy 92, Hwy 101, and Caltrain. Current annual income exceeds $113,300/year with an in place 4.00% cap rate and 16.13 GRM. A strong rental location with upside potential in a desirable mid-Peninsula submarket.
| Field |
Value |
| MLS # |
ML82017012 |
| MLS Source |
MLSListings, Inc. |
Features
Interior Features
| Feature |
Details |
| Kitchen |
Countertop - Other |
| Appliances |
Cooktop - Gas, Oven Range - Gas, Refrigerator |
| Flooring |
Carpet, Laminate, Vinyl/Linoleum |
| Laundry |
Coin Operated |
| Cooling |
Ceiling Fan |
| Heating |
Wall Furnace |
Exterior Features
| Feature |
Details |
| Roof |
Composition, Fiberglass, Shingle |
| Foundation |
Concrete Perimeter and Slab |
| Feature |
Details |
| Garage/Parking |
Assigned Spaces, Carport, Garage: 0 Car(s) |
| Elementary District |
San Mateo-Foster City Elementary |
| High School District |
San Mateo Union High |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
Multifamily Residential |
| Listing Agent |
Co-Listing Agent |
| Nate Gustavson |
Eric Peterson |
| Compass |
Compass |
| License #: 01898316 |
License #: 02214121 |
| Phone: (415) 786-9410 |
Phone: (408) 835-9697 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
4 |
4 |
Unit Details
| Unit # |
Sq Ft |
Beds |
Baths |
Rent |
| 1 |
630 |
1 |
1/0 |
$2,375 |
| 2 |
630 |
1 |
1/0 |
$2,375 |
| 3 |
630 |
1 |
1/0 |
$2,275 |
| 4 |
630 |
1 |
1/0 |
$2,375 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
| School |
Type |
Grades |
Distance |
Rating |
| George Hall Elementary School |
public |
K-5 |
0.18 mi |
9 |
| Central Elementary School |
public |
K-5 |
0.84 mi |
9 |
| Laurel Elementary School |
public |
K-5 |
0.89 mi |
3 |
| Fiesta Gardens International Elementary School |
public |
K-5 |
1.04 mi |
4 |
| Nesbit Elementary School |
public |
K-8 |
1.05 mi |
6 |
| Abbott Middle School |
public |
6-8 |
1.10 mi |
4 |
| Beresford Elementary School |
public |
K-5 |
1.14 mi |
4 |
| Foster City Elementary School |
public |
K-5 |
1.16 mi |
9 |
| College Park Elementary School |
public |
K-5 |
1.28 mi |
9 |
| Hillsdale High School |
public |
9-12 |
1.39 mi |
9 |
| Meadow Heights Elementary School |
public |
K-5 |
1.52 mi |
7 |
| San Mateo County Special Education School |
public |
K-12 |
1.58 mi |
N/A |
| San Mateo County Rop School |
public |
11-12 |
1.58 mi |
N/A |
| Cipriani Elementary School |
public |
K-5 |
1.65 mi |
8 |
| Beach Park Elementary |
public |
K-5 |
1.71 mi |
8 |
| Tierra Linda Middle School |
public |
6-8 |
1.81 mi |
10 |
| Mariposa Upper Elementary School |
public |
4,5 |
1.81 mi |
10 |
| Parkside Montessori |
public |
PK,KG,1,2,3,4,5,6,7,8 |
1.88 mi |
9 |
| Ralston Intermediate School |
public |
6-8 |
2.03 mi |
10 |
| Borel Middle School |
public |
6-8 |
2.04 mi |
8 |
Disclosures
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Nate Gustavson, (415) 786-9410.