$1,850,000
For Sale

1401 Cary Avenue

San Mateo, CA 94401
2324 sqft | 0.13 acres | #ML81993977
Listing OfficeMarcus & Millichap
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Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

1401-1403 Cary Avenue in San Mateo is a well-maintained duplex situated on a spacious 5,479 SF lot, offering an excellent investment or owner-occupant opportunity. Built in 1950, the property features two updated units: a vacant 3-bedroom, 1-bathroom unit and an occupied 2-bedroom, 1-bathroom unit generating $3,300 per month in rental income. Both units have been thoughtfully upgraded with modern kitchens and bathrooms, providing contemporary comfort while maintaining the charm of the original construction. Each living room is highlighted with 12-foot ceilings and traditional fireplaces. With tenants responsible for all expenses, this property presents a low-maintenance income-producing asset in a desirable location.

  • Property Details
      • Property TypeMulti-Family
      • Original List Price$1,850,000
      • MLS #ML81993977
      • MLS #ML81993977
      • CountySan Mateo
      • Taxes Annual$26,566
      • Cost1850000
      • Acres0.1263
      • Property SubtypeDuplex
      • Sewer InformationOther
      • School DistrictOther
      • Square Feet2324
      • Year Built1950
      • FoundationSlab
      • Stories1
      • Parking Spaces2

Location

Jason SikolaReal Estate Group

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