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8 Beds
3,856 sqft

$3,650,000

16 W Bellevue Avenue, San Mateo CA, 94402

Price per sqft$946.58
Built in1947
Property size3,856 sqft
Property typeMulti-family

Overview

Active

Listed Jul 23, 2026

Updated 7h ago

$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!

$24,284/mo

Est. mortgage payment based on a $3,650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82055296

Interior Features

Bedrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres
MLS provider logo

Listed by Bryan Danforth, Matthew Thomson with Compass
Listing Contact: 650-274-5227 

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