109 Hobart Avenue, San Mateo, CA 94402
- $2,526,000
- 3,686
- SqFt
- List Price
- $2,526,000
- Price Change
- ▼ $74,000 1788566210
- Status
- ACTIVE
- MLS#
- ML82051983
- Year Built
- 1948
- Living Sq. Ft
- 3,686
- Lot Size
- 8,750
- Acres
- 0.20
- Days on Market
- 79
- Property Type
- Multifamily
- Property Sub Type
- Duplex
Property Description
Located in one of the most desirable residential neighborhoods in San Mateo, 109-111 Hobart Avenue offers a unique duplex opportunity with both investment appeal and owner-user flexibility. The property consists of two spacious three-bedroom units, each with generous layouts, and attached garages. The rear unit features a private outdoor area, enhancing tenant appeal and livability. Set on an oversized lot, the property also offers potential for future ADU development, creating additional income opportunities. 109-111 Hobart Ave is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of high-end shopping, dining and entertainment options. The subject property is also located within close proximity to the major transportation corridors of U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and the major thoroughfare of El Camino Real. These transportation hubs provide tenants and residents with convenient access to San Francisco and San Jose and provides close proximity to many of the nation's top tech employers including Google, Meta, Stanford, Box Inc., Visa, Sony as well as many others.
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Additional Information
- Taxes
- $36,752
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $102,036
Listing courtesy of Listing Agent: Justin Fink (justin.fink@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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