14011403 Cary Avenue San Mateo, CA $ 1,675,000
14011403 Cary Avenue
$ 1,675,000
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14011403 Cary Avenue

San Mateo, CA, 94401
$ 1,675,000
Baths0.0 Sq 2,324

Monthly Estimate*

$ 10,450

Listed by Marcus & Millichap
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Studio

Multi-Family Home for sale in San Mateo, CA

for $1,675,000. This 2,324 square foot home was built in 1950 on a lot size of 0.1263.

1401-1403 Cary Avenue in San Mateo is a well-maintained duplex situated on a spacious 5,479 SF lot, offering an excellent investment or owner-occupant opportunity. Built in 1950, the property features two updated units: a vacant 3-bedroom, 1-bathroom unit and an occupied 2-bedroom, 1-bathroom unit generating $3,300 per month in rental income. Both units have been thoughtfully upgraded with modern kitchens and bathrooms, providing contemporary comfort while maintaining the charm of the original construction. Each living room is highlighted with 12-foot ceilings and traditional fireplaces. With tenants responsible for all expenses, this property presents a low-maintenance income-producing asset in a desirable location.

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Multi-Family Active

Price

$ 1,675,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 22,103

Style

Lot Size

0.1263

Year Built

1950

Town/City

San Mateo

County/Region

San Mateo

MLS | Web ID

ML81993977

Days on Market

308

Features
General
Living Area 2324
Sewer Other
Heating Wall Furnace
Cooling None
Roof Tar/Gravel
Zoning R20000
Garage Spaces 2
Year Built 1950
Property Subtype Duplex
Accessibility Other
County San Mateo
Insurance Expense 1800
Property Type Residential Income
HOA false
MaintenanceExpense 1000
Garage Y/N true
Special Listing Conditions Standard
Status Active
City San Mateo
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 5500
Carport Spaces 0
Tax Annual Amount 22103
Trash Expense 0
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Duplex
Cap Rate 4.04
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 1
Lot Size Area 5500
Foundation Details Slab
Number of Buildings 1
Building Area Total 2324
Lot Size Acres 0.1263
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

sam.runco@marcusmillichap.com

Email

Affordability Calculator

$12,292
Per Month
85%
15%
0%
Monthly Principal & Interest
$10,450
Monthly Property Taxes
$1,842
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,675,000 Listed Price

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14011403 Cary Avenue, San Mateo, CA, 94401 is a Multi-Family Home for sale at $1,675,000 with 2,324 sqft and a lot size of 0.1263. 14011403 Cary Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 94401 which is in San Mateo, CA