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3939 Pacific Boulevard, San Mateo, CA 94403

$2,048,000
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Sold Price
$2,048,000
List Price
$2,150,000
Closing Date
Sep 30, 2026
Status
CLOSED
MLS#
ML81994413
Year Built
1958
Lot Size
6,264
Acres
0.14
Days on Market
438
Property Type
Commercial
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(626) 893-2817

Property Description

Rarely Available Opportunity to Acquire 5-unit Spacious, Easy-To-Manage apartment building consisting of four 1-bed 1-bath and one 2-bed 1-bath. Conveniently-Located Asset Near Downtown San Mateo. Walk to Hillsdale Cal-Train & Franklin Templeton. Units with/ Excellent Floorplan. Dual-Pane Windows, individual Water Heaters, New Exterior Painting, Drought-Resistant Landscaping. Proven, Consistent Income-Generator, Providing Strong Cashflow with Very Low Vacancies and Turnovers.

(626) 893-2817
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Additional Information

Taxes
$17,476
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Tar/Gravel
Water
Public
School District
Other
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$147,830
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Listing courtesy of Listing Agent: Robin Neydavoud (robin@650agent.com) from Listing Office: Real Estate Source, Inc..

Listing sold by Panos Anagnostou from Compass

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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.