94402 Homes with Quadruplex Subtype

94402 Homes with Quadruplex Subtype

Welcome to the vibrant community of San Mateo, California, nestled in the heart of San Mateo County, where the zip code 94402 offers a unique blend of suburban charm and urban convenience. This area is renowned for its picturesque neighborhoods, excellent schools, and a thriving local economy, making it an ideal place for families, young professionals, and retirees alike.

In 94402, you’ll find a diverse array of housing options, including the increasingly popular quadruplex homes. These unique properties not only provide ample living space but also offer an exceptional investment opportunity. A quadruplex allows homeowners to reside in one unit while renting out the others, creating a fantastic way to generate passive income. This makes them particularly appealing for those looking to maximize their real estate investments or for multi-generational families seeking proximity without sacrificing privacy.

The neighborhoods in this zip code are characterized by tree-lined streets, well-maintained parks, and a strong sense of community. Residents enjoy easy access to local amenities such as shopping centers, dining options, and recreational facilities. Additionally, the location provides convenient transportation links to nearby cities, including San Francisco and Silicon Valley, making it a commuter’s dream.

With its blend of residential comfort and investment potential, the 94402 zip code is not just a place to live but a place to thrive. Whether you’re looking to settle down or invest wisely, San Mateo’s quadruplex homes offer the perfect opportunity to embrace the California lifestyle. Come explore the possibilities that await you in this enchanting corner of the Bay Area!

Newest 94402 Homes with Quadruplex Subtype

414 E 16th Avenue, San Mateo
$1,900,000
ML82061457 MLS ⋅ Active Status
414 E 16th Ave (the Property) is a four-unit multifamily asset built in 1959, situated on a two-story, slab-on-grade structure of stucco and wood construction in San Mateo's Hayward Park submarket. The Property features a unit mix of two (2) studio floorplans and two (2) one-bedroom/one-bathroom floorplans, averaging 775 square feet. The Property is 100% occupied as of August 2026. The Property offers a new owner a rare combination in this submarket: a fully occupied, free and clear fourplex with copper supply lines, dual-paned vinyl windows building-wide, on-site laundry, and covered tuck-under parking. In-place rents average $2,129 per unit, against market rents of $2,375 per unit, a loss-to-lease of 11.5%. A light interior renovation program, budgeted at $18,750 per unit, supports renovated rents of $2,750 per unit, or a 15.8% premium to current market. The Property's location places residents between Highway 101 and Interstate 280, within a short drive of Peninsula employers including Sony Interactive Entertainment, Roblox, GoPro, and Franklin Templeton in San Mateo, Oracle in Redwood Shores, and Meta in Menlo Park. Hillsdale Caltrain and the Bay Meadows mixed-use development are both nearby, and Hillsdale Shopping Center provides additional dining and retail options.

414 E 16th Avenue, San Mateo
16 W Bellevue Avenue, San Mateo
$3,650,000
ML82055296 MLS ⋅ Active Status
$200K PRICE IMPROVEMENT!! TRUE TROPHY FOURPLEX BORDERING HILLSBOROUGH!! The Hillsborough Apartments is an incredible opportunity to acquire a true pride of ownership property in one of the most sought after locations on the peninsula. With outstanding in-place rents, this trophy asset is a true turnkey apartment building perfect for investors, owner-occupiers, and generational family purchasers alike. Strategically positioned west of the El Camino Real, bordering the prestigious Hillsborough neighborhood, this property is a MUST SEE! Attractive Unit Mix: All four units are 2-bed, 1-bath, approximately 1,000 sf each. The property benefits from numerous recent upgrades and capital improvements. All 4 units updated with granite counters and subway tile wainscoting, crown molding, arched walkways, custom cherry cabinets, Restoration Hardware fixtures, Baldwin door knobs & deadbolts, and Leviton dimmer lights and electric plugs. New roof in 2021, new water heaters, new sewer lateral in 2019 & new sewer line and cleanout. New plumbing valves. Double-Paned windows throughout with custom plantation shutters. Energy Efficient Washer/ Dryer in each unit. Add an ADU by converting the garage parking into an additional unit or two to increase value and cash​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌‌​​​‌‌‌​​​ flow!

16 W Bellevue Avenue, San Mateo
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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