Fully renovated 7-unit multifamily in prime San Mateo near Downtown & Caltrain. Strong in-place income, covered parking, and clear rent-growth upside. Offered at $2.45M | 4.27% Cap. 518 19th Ave is a 7-unit apartment building featuring (4) large 1-bed/1-bath units and (3) spacious studios, six of which have been renovated with modern finishes, dual-pane windows, and updated interiors. The 5,440 SF building on a 7,841 SF lot offers covered parking, laundry income, and energy-efficient upgrades. Current rents range $1,795-$2,350 with market potential to $2,995, providing stable cash flow and long-term upside. Ideally located near El Camino Real, Hwy 101/280/92, Hillsdale Shopping Center, and Bay Meadows. A rare San Mateo multifamily investment opportunity near major employers and transit.
MLS #
SF425085735
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
30
Appliances
Other
Laundry
Coin Operated
Roof
Tar/Gravel
Foundation
Slab
Pool
Community Facility
Garage/Parking
Covered Parking, Garage: 7 Car(s)
HOA Fee
$3025
Complex Amenities
Barbecue Area, Cabana, Club House, Community Pool, Other
Listing Agent
Cristobal Lamas
Urban Capital SF
License #: 02034056
Phone: (415) 577-8671
Co-Listing Agent
Wyatt Cendak
License #: 02145337
Phone: (415) 670-9888
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 7 | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 650 | 1 | 1/0 | $2,350 | – | – |
| 2 | 650 | 0 | 0/0 | $2,095 | – | – |
| 3 | – | 0 | 0/0 | – | – | – |
| 4 | 0 | 1 | 1/0 | – | – | – |
518 19th Ave is a Residential Income in San Mateo, CA 94403. This 5,440 square foot property sits on a 8,008 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,450,000 and was built in 1958. This address can also be written as 518 19th Ave, San Mateo, CA 94403.
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This listing information is up-to-date as of November 22, 2025. For the most current information, please contact Cristobal Lamas, (415) 577-8671