Home | San Mateo County | San Mateo | 94401 | 100-106 N Bayshore Blvd
100-106 N Bayshore Blvd, San Mateo, CA 94401
MLS: ML82050464 | Status: | Price: $9,450,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
24,592 |
24,944 |
1960 |
Knights Inn Apartments, located at 100-106 N. Bayshore Boulevard in San Mateo, presents a rare 38-unit multifamily investment opportunity in San Mateo. The property offers a unit mix of thirty-four (34) studios (~381 sqft) and four (4) 1-Bedroom/1-Bath units (~570 sqft). Constructed in 1960 and situated on a 24,944 sqft lot, with approximately 24,592 sqft of gross building area across two (2) buildings. SB-721 COMPLIANT, BALCONY REBUILD COMPLETED, eliminating a significant capital expenditure obligation and providing investors with a clean compliance profile at close. The property further features a secured fenced-in pool, on-site coin-operated laundry, and 36 covered carports + 4 uncovered assigned spaces. Gas and electric utilities are master metered for each building, presenting a direct value-add opportunity through implementation of a Ratio Utility Billing System (RUBS), a strategy not currently utilized under existing ownership. The pro forma reflects an estimated $45,600 in additional RUBS income upon implementation.Current rents averaging approximately $1,610/month for studios and $2,085/month for 1-Bed/1-Bath units reflect meaningful upside to market rents of $2,100 and $2,395 respectively, as validated by the nearby Country Club Apartments at 420 N. Bayshore Boulevard.
| Field |
Value |
| MLS # |
ML82050464 |
| MLS Source |
MLSListings, Inc. |
| Days on Site |
2 |
Features
Interior Features
| Feature |
Details |
| Kitchen |
Countertop - Marble, Pantry, Varies by Unit |
| Appliances |
Oven Range - Electric |
| Flooring |
Laminate, Vinyl/Linoleum |
| Laundry |
Coin Operated |
| Cooling |
Ceiling Fan |
| Heating |
Wall Furnace |
Exterior Features
| Feature |
Details |
| Roof |
Flat, Tar/Gravel |
| Foundation |
Slab |
| Pool |
Community Facility |
| Feature |
Details |
| Garage/Parking |
Assigned Spaces, Carport, Off-Street Parking, Garage: 0 Car(s) |
| Elementary District |
San Mateo-Foster City Elementary |
| High School District |
San Mateo Union High |
| Sewer |
Public Sewer |
| Water |
Public |
| Complex Amenities |
Community Pool |
| Zoning |
Commercial Multifamily |
| Listing Agent |
Co-Listing Agent |
| Nate Gustavson |
Cameron Foster |
| Compass |
|
| License #: 01898316 |
License #: 00972394 |
| Phone: (415) 786-9410 |
Phone: (415) 699-6168 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
38 |
38 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
570 |
1 |
1/0 |
$2,025 |
$2,195 |
4 |
| 2 |
381 |
– |
0/0 |
$1,545 |
$1,685 |
34 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Disclosures
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This listing information is up-to-date as of June 10, 2026. For the most current information, please contact Nate Gustavson, (415) 786-9410.