422 Peninsula Avenue San Mateo, CA $ 2,200,000
422 Peninsula Avenue
$ 2,200,000
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422 Peninsula Avenue

San Mateo, CA, 94401
$ 2,200,000
Baths0.0 Sq 3,450

Monthly Estimate*

$ 13,725

Listed by Compass
422 Peninsula Avenue, San Mateo, CA 94401 - Image 1
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View a Virtual Tour
Studio

Multi-Family Home for sale in San Mateo, CA

for $2,200,000. This 3,450 square foot home was built in 1954 on a lot size of 0.14.

Office building permissible for preschool, school, medical, lab, wide variety of purposes including 3 residential, new housing dev. Use as triplex requires adding showers, other improvements. For Lease or Sale. Reception, 9 Private Offices, 1 Large Conference Room, 3 x 2 Restrooms, Break Room, Outdoor Patio 1/2 mile, Walking Distance to Burlingame Caltrain. Zoning Summary: Administrative, executive, and professional offices, provided that the professional offices are limited to those professions listed in Section 5.24.160: accountant, appraiser, architect, assayer, attorney, auditor, bacteriologist, certified public accountant, chemist or laboratory specialist or operator, chiropodist, chiropractor, civil engineer, dental laboratory specialist or operator, dentist, electrical engineer, geologist, hydraulic engineer, medical laboratory specialist or operator, oculist, optician, optometrist, osteopath, physician, structural engineer, surgeon, surveyor, and veterinarian (check for kennel). Retail of goods and services, Restaurants, Health and recreation, Schools, day care, Financial, business offices, laboratories. Warehousing, storage, and distribution. Residential, R3 multi-family. Special Uses: clubs, hotels, religious, kennel, community center, schools.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,146

Style

Lot Size

0.14

Year Built

1954

Town/City

San Mateo

County/Region

San Mateo

MLS | Web ID

ML82027074

Days on Market

39

Features
General
Living Area 3450
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Tar/Gravel
Appliances Microwave Refrigerator
Zoning EA00E2
Garage Spaces 0
Year Built 1954
Property Subtype Triplex
Accessibility Other
County San Mateo
Insurance Expense 3262
Property Type Residential Income
HOA false
MaintenanceExpense 500
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Street: Bloomfield Rd
City San Mateo
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6098
Carport Spaces 0
Tax Annual Amount 14146
Trash Expense 900
Virtual Tour https://www.dropbox.com/scl/fi/h3q4gvnvk78xjouzmwdk6/IMG_2585.MP4?rlkey=1aiqosozen5xhpdpjajti7i8y&e=1&st=7iwt66ez&dl=0
Standard Status Active
Year Built Source Other
Property Sub Type Additional Triplex
Cap Rate 7.08
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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
Parking Features Off Street
Water Source Public
Total Parking 5
Lot Size Area 6098
Foundation Details Slab
Number of Buildings 1
Building Area Total 3450
Lot Size Acres 0.14
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

alex.kent@symphonic-inv.com

Email

Affordability Calculator

$14,904
Per Month
92%
8%
0%
Monthly Principal & Interest
$13,725
Monthly Property Taxes
$1,179
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
11/26/2025$2,200,000 -37.14% Price Down
11/25/2025$3,500,000 Listed Price

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422 Peninsula Avenue, San Mateo, CA, 94401 is a Multi-Family Home for sale at $2,200,000 with 3,450 sqft and a lot size of 0.14. 422 Peninsula Avenue is a studio with 0.0 baths and was built in 1954. The property's zip code is 94401 which is in San Mateo, CA