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518 19th Avenue, 
San Mateo, CA 94403

$2,450,000

4

Beds

2

Baths

5,440

Sq Ft

Multi-Family

Active

Listed by

Cris Lamas

, 

Wyatt Cendak

Urban Capital Sf

Last updated:

November 10, 2025, 04:48 PM

MLS#

425085735

Source:

CABCREIS

About This Home

518 19th Avenue

Fully renovated 7-unit multifamily in prime San Mateo near Downtown & Caltrain. Strong in-place income, covered parking, and clear rent-growth upside. Offered at $2.45M | 4.27% Cap. 518 19th Ave is a 7-unit apartment building featuring (4) large 1-bed/1-bath units and (3) spacious studios, six of which have been renovated with modern finishes, dual-pane windows, and updated interiors. The 5,440 SF building on a 7,841 SF lot offers covered parking, laundry income, and energy-efficient upgrades. Current rents range $1,795-$2,350 with market potential to $2,995, providing stable cash flow and long-term upside. Ideally located near El Camino Real, Hwy 101/280/92, Hillsdale Shopping Center, and Bay Meadows. A rare San Mateo multifamily investment opportunity near major employers and transit.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1958

Price Summary

2,450,000

$450 per Sq. Ft.

MLS #:

425085735

Last Updated:

November 10, 2025, 04:48 PM

Added:

6 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

5,440 Sq. Ft.

Structure

Structure

Building Area:

5,440 Sq. Ft.

Year Built:

1958

Lot

Lot Size (Sq. Ft):

8,006

Finances & Disclosures

Finances

Price:

$2,450,000

Price per Sq. Ft:

$450 per Sq. Ft.

Source:CABCREIS
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