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119 E Poplar Avenue

San Mateo, CA 94401
  • $1,750,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: ML81996577
$1,750,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,940
    SQFT
  • $902
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

School District:
Listing Agent(s): Lucy Goldenshteyn of Redfin ((877) 973-3346)


Description

Rare Investment opportunity with potential of adding an ADU on the expansive lot. This unique duplex with an additional one bedroom studio is perfectly situated just minutes from downtown Burlingame and San Mateo, making it an ideal choice for investors. The property includes a 2-bedroom, 1-bath upper unit, a 3-bedroom, 1-bath middle unit, and a 1-bedroom, 1-bath studio, all currently rented on month-to-month leases with total rents of $7,300 per month, does not include utilities. Features include newer carpet, tile flooring, crown molding, forced central heat, and abundant natural light. Recent updates include a composite roof, skylights, refreshed interior and exterior paint, and stainless steel appliances in select units. The property also offers shared laundry facilities, dedicated storage closets, open parking for three vehicles at the rear and updated sewer lateral. Located in a highly walkable neighborhood, residents enjoy easy access to walking trails, parks, schools, Caltrain, and an array of popular restaurants. Don't miss this rare opportunity to own a versatile and well-maintained income property in a coveted location!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161137703
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119 E Poplar Avenue San Mateo, CA 94401

  • Price: $1,750,000
  • Status: Active
  • On Site: 13 Days
  • ID#: ML81996577
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1,940
SQFT
$902
$/SQFT
1922
Built
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
School District:
Other
Property Description
Rare Investment opportunity with potential of adding an ADU on the expansive lot. This unique duplex with an additional one bedroom studio is perfectly situated just minutes from downtown Burlingame and San Mateo, making it an ideal choice for investors. The property includes a 2-bedroom, 1-bath upper unit, a 3-bedroom, 1-bath middle unit, and a 1-bedroom, 1-bath studio, all currently rented on month-to-month leases with total rents of $7,300 per month, does not include utilities. Features include newer carpet, tile flooring, crown molding, forced central heat, and abundant natural light. Recent updates include a composite roof, skylights, refreshed interior and exterior paint, and stainless steel appliances in select units. The property also offers shared laundry facilities, dedicated storage closets, open parking for three vehicles at the rear and updated sewer lateral. Located in a highly walkable neighborhood, residents enjoy easy access to walking trails, parks, schools, Caltrain, and an array of popular restaurants. Don't miss this rare opportunity to own a versatile and well-maintained income property in a coveted location!
Exterior Features

Carport Spaces 4 Carport YN Yes Parking Features CarportUncovered Parking Total 1 Roof Composition View YN No

Interior Features

Accessibility Features None Appliances DishwasherRefrigerator Cooling None Cooling YN Yes Flooring CarpetTile Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 3.39 Garage YN Yes Gross Scheduled Income 88200 Insurance Expense 1355 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 3266 Other Expense 0 Property Sub Type Duplex Special Listing Conditions Standard Tax Annual Amount 22562 Trash Expense 0 Water Source Public Zoning RH3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Lucy Goldenshteyn of Redfin ((877) 973-3346)