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$2,495,000   Price Analysis
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849 9th Ave
San Mateo, CA 94402
12 bed 8 bath 5,083 SqFt ($490/SqFt)
6,400SqFt lot. Built 1964
Listed 2024-05-02, Taxes $13,263
Ⓧ USDA Ineligible
due to price & location

near San Mateo

849 9th Avnue presents an excellent opportun ity to purchase a quadruplex in the heart of San Mateo.

* Sale Pending *

The property consists of four large townhome-style residential units, each with two levels, a private one-car garage and storage. Two of the units feature direct access to parking. The central location of the property provides tenants with easy access to the best San Mateo has to offer, including downtown dining, shopping and entertainment.

Also nearby is Central Park, with a host of recreational options. The property location provides convenient commuter access to Caltrain, 101, 92 and 280. The property presents tremendous value and upside.


Presented by Mark Campana at
Anchor Realty.


Property MLS #ML81963996 from MLSListings

Bedrooms: 12

Dishwasher
Oven Range
Refrigerator

Laundry Features: Hookups Only

Full Bathrooms: 4
1/2 Bathrooms: 4

Heating Features: Central Forced Air Heating

Extra Room-1 Description: Storage

Lot Size Acres: 0.1469238
Lot Size Source: Assessor
Lot Size Square Feet: 6400

Garage Spaces: 4
Parking Features: Attached Garage, Detached Garage

Association: No
Calculated Total Monthly Association Fees: 0
Gardener Expense: 5000
Maintenance Expense: 4000

Number of Buildings: 1
Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Half Bathrooms in Unit-1: 1
Half Bathrooms in Unit-2: 1
Half Bathrooms in Unit-3: 1
Half Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 2800
Unit 2 Total Actual Rent: 2700
Unit 3 Total Actual Rent: 3495
Unit 4 Total Actual Rent: 3550

Elementary School District: San Mateo-Foster City Elementary
High School District: San Mateo Union High

Sunnybrae Elementary School is a public elementary school located approximately 0.2 miles away.
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Borel Middle School is a public middle school located approximately 1.2 miles away.
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Aragon High School is a public high school located approximately 1.4 miles away.
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Martha Williams School is a private middle and high school located approximately 0.2 miles away.
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Gross Scheduled Income: 150540
Income Includes: Parking, Rents

Horse Amenities: No

Annual Tax Amount: 28164
Source Listing Status: Pending (Do Not Show)
County: San Mateo
Source Property Type: Residential Income (2-4 units)
Inclusions: Oven/Range - All Units, Refrigerator - All Units
Insurance Expense: 2984
Area: 19th Avenue Park / Sunnybrae
Source Neighborhood: 19th Avenue Park / Sunnybrae
Ownership Type: Trust
Parcel Number: 033-294-120
Postal City: SAN MATEO
Trash Expense: 3718
Zoning: R2
Property Subtype: Fourplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$324,417 + $81,082
$405,499
$13,263
2021$318,056 + $79,493
$397,549
$15,822
2020$314,795 + $78,678
$393,473
$13,927
2019$308,623 + $77,136
$385,759
$12,182
2018$302,572 + $75,624
$378,196
$10,648
2017$296,640 + $74,142
$370,782
$10,814
2016$290,824 + $72,689
$363,513
$12,703
2015$286,456 + $71,598
$358,054
$12,764
2014$280,845 + $70,196
$351,041
$10,394
2013$279,576 + $69,879
$349,455
$10,541
2012$274,095 + $68,509
$342,604
$8,892
2011$268,721 + $67,166
$335,887
$8,487
2010$266,713 + $66,665
$333,378
$8,489
2009$267,347 + $66,824
$334,171
$7,464
2008$262,105 + $65,514
$327,619
$7,415
2007$256,966 + $64,230
$321,196
$6,626

Listed 2024-05-02
$2,495,000
MLSListings
Sold 1978-07-28
$190,000
Public Record

Operating Expense: 59008
Operating Expense Includes: Insurance, Maintenance - Repair, Services - Trash Removal, Utilities - Water

Total Square Feet Living: 5083
Year Built: 1964
Construction Materials: Wood Frame
Foundation Details: Concrete Perimeter
Property Age: 60
Roof: Tar and Gravel
Levels or Stories: 2
Total Area Sqft: 5083
Year Built Source: Assessor

Sewer: Sewer - Public
Individual Electric Meters
Individual Gas Meters
Public Utilities
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.