422 E 16th Avenue, San Mateo, CA 94402

About this fourplex

Compass Commercial is pleased to announce the exclusive listing of 422 E. 16th Street. Discover a prime investment opportunity in this well-maintained fourplex at 422 16th Avenue in San Mateo, California. This multifamily investment opportunity offers an ideal blend of location, convenience, and steady rental income. The property features a total of four units: one (1) spacious 2-bedroom/1-bath apartment with a private backyard and patio, alongside three (3) 1-bedroom/1-bath units. Each residence boasts dual-pane windows, ensuring energy efficiency and comfort for tenants. Built in 1961, the building spans 3,964 square feet on a 4,800 square foot lot. Residents benefit from four dedicated carports with storage, as well as brand-new onsite laundry facilities. Situated within walking distance of Station Park's shops and restaurants, this property provides excellent connectivity to Highways 101 and 92, as well as the Hayward Park Caltrain Station.

Listing description from the April 2025 sale, as reported to CRMLS.

Sale history

$1,675,000

Sold April 2025 · listed $1,895,000, on market February 2025 · MLS #ML81993749 · Source: CRMLS

Listing Agent: Nate Gustavson · Listing Office: Compass · Contact: (415) 874-5000 · Bought with: Joey Wang

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