126 N Ellsworth Avenue San Mateo, CA $ 2,300,000
126 N Ellsworth Avenue
$ 2,300,000
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126 N Ellsworth Avenue

San Mateo, CA, 94401
$ 2,300,000
Bedrooms-- Baths-- Sq 3,663

Monthly Estimate*

$ 14,349

Listed by Bay Area Estates
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Commercial Property for sale in San Mateo, CA

for $2,300,000. This 3,663 square foot building was built in 1918 on a lot size of 0.2022.

5 Units located on prime 8,800+ sqft corner Lot This five-unit property sits on a prominent corner lot in one of San Mateos most strategic and in-demand locations. All five units have been upgraded- property inspection reports are buyer-favorable. Zoned R-4, the property supports higher-density residential development, offering meaningful value-add potential for investors or developers. With an exceptional 94 Walk Score, the property is just one block from Caltrain and steps to Downtown San Mateos core business district, dining, and retail. This central, transit-oriented location consistently supports strong tenant demand and historically low vacancy, driven by immediate access to the Peninsulas leading AI, tech, and biotech employers.

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Commercial Active

Price

$ 2,300,000

Property Type

Commercial

Taxes

$ 18,369

Style

Lot Size

0.2022

Year Built

1918

Town/City

San Mateo

County/Region

San Mateo

MLS | Web ID

ML82029362

Days on Market

3

Features
General
Heating Central Wall Furnace
Cooling None
Roof Composition
Zoning R4
HOA Fee 0
Security Features Security Lights
Year Built 1918
County San Mateo
Insurance Expense 1833
Property Type Commercial Sale
MaintenanceExpense 300
Special Listing Conditions Standard
Status Active
Directions Cross Street: Catalpa
City San Mateo
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 8809
Carport Spaces 0
Tax Annual Amount 18369
Trash Expense 1396
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 5
Lot Size Area 8809
Number of Buildings 1
Building Area Total 3663
Lot Size Acres 0.2022
Lot Size Source Assessor
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* Excluded Features
List By
Bay Area Estates

Broker

scottphilipllc@gmail.com

Email

Affordability Calculator

$15,880
Per Month
90%
10%
0%
Monthly Principal & Interest
$14,349
Monthly Property Taxes
$1,531
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
12/12/2025$2,300,000 Listed Price

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126 N Ellsworth Avenue, San Mateo, CA, 94401 is a Commercial Property for sale at $2,300,000 with 3,663 sqft and a lot size of 0.2022. 126 N Ellsworth Avenue was built in 1918. The property's zip code is 94401 which is in San Mateo, CA