Home | San Mateo County | San Mateo | 94403 | 2830 Flores St
2830 Flores St, San Mateo, CA 94403
MLS: ML82024663 | Status: | Price: $8,225,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Acres Lot |
Yr Built |
| – |
– |
15,311 |
0.424 |
1961 |
Magnify is pleased to present the opportunity to acquire 2830 Flores St, a fully stabilized, turnkey 17-unit apartment building in the thriving city of San Mateo. Located just steps from the Hillsdale Shopping Center and Caltrain Station, this well-maintained asset offers a compelling mix of large, spacious units ideal for attracting long-term tenants in a high-demand rental market.
Constructed in 1961 and fully renovated in 2020-2021, the property consists of (7) two-bedroom/one-bathroom units, (8) one-bedroom/one-bath units, and (2) studios on a 18,499 square foot lot. The property has undergone significant capital improvements, with 15 of 17 units renovated to modern standards. With 8.8% immediate upside in rents and 21% total upside in rents, investors can benefit from strong in-place income and future growth potential. This is a low-vacancy, high-performing asset in one of the Bay Areas most resilient and supply-constrained submarkets.
| Field |
Value |
| MLS # |
ML82024663 |
| MLS Source |
MLSListings, Inc. |
Features
Interior Features
| Feature |
Details |
| Cooling |
None |
| Heating |
Electric, Gas, Wall Furnace |
Exterior Features
| Feature |
Details |
| Roof |
Composition, Shingle |
| Foundation |
Slab |
| Feature |
Details |
| Garage/Parking |
Carport, Other, Garage: 0 Car(s) |
| Elementary District |
San Mateo-Foster City Elementary |
| High School District |
San Mateo Union High |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
R4 |
| Listing Agent |
Co-Listing Agent |
| Eric Katz |
David Katz |
| Magnify Real Estate |
|
| License #: 01900078 |
License #: 01971921 |
| Phone: (408) 317-0187 |
Phone: (408) 438-0585 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
16 |
17 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
– |
– |
0/0 |
$2,050 |
$2,300 |
2 |
| 2 |
– |
1 |
1/0 |
$2,394 |
$3,000 |
8 |
| 3 |
– |
2 |
1/0 |
$3,116 |
$3,500 |
7 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Disclosures
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Eric Katz, (408) 317-0187.