711 Highland Avenue San Mateo, CA $ 2,500,000
711 Highland Avenue
$ 2,500,000
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711 Highland Avenue

San Mateo, CA, 94401
$ 2,500,000
Baths0.0 Sq 5,538

Monthly Estimate*

$ 15,785

Listed by Intero Real Estate Services
711 Highland Avenue, San Mateo, CA 94401 - Image 1
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Studio

Multi-Family Home for sale in San Mateo, CA

for $2,500,000. This 5,538 square foot home was built in 1924 on a lot size of 0.1828.

An extraordinary find in the heart of the Peninsula, this large, meticulously configured fourplex located at 711-717 Highland Avenue presents a rare combination of immediate cash-flow and long-term appreciation. Situated across two independent buildings on a single parcel, the property balances structural versatility with extensive tenant appeal. The front building consists of two massive 2 bedroom 1.5 bathroom townhome style units spanning approximately 1,770 square feet each. These two-story spaces are designed for premium living, featuring an expansive first floor with a spacious living room, formal dining room, private breakfast nook, kitchen, laundry area, and a convenient half-bathroom, while the upper level hosts two bright bedrooms, a bonus room and a full bath. The rear building houses two flat-style 2 bedroom 1 bathroom units measuring a generous 1,000 square feet each. The ground-floor flat enjoys direct access to a private backyard space, while the upper unit benefits from an expansive balcony. Each unit is fully equipped with washer and dryer, refrigerator, range/oven, garbage disposal as well as four dedicated carports. Perfect for owner occupied and multifamily operators looking to capture top-tier Bay Area rents.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 28,000

Style

Lot Size

0.1828

Year Built

1924

Town/City

San Mateo

County/Region

San Mateo

MLS | Web ID

ML82051839

Days on Market

2

Features
General
Living Area 5538
Sewer Public Sewer
Cooling None
Roof Shingle
Zoning R-4
Garage Spaces 0
Year Built 1924
Property Subtype Quadruplex
Accessibility None
County San Mateo
Insurance Expense 0
Property Type Residential Income
HOA false
MaintenanceExpense 0
Garage Y/N false
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 7964
Carport Spaces 4
Carport Y/N true
Tax Annual Amount 28000
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 3.93
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Carport
Water Source Public
Total Parking 4
Lot Size Area 7964
Number of Buildings 2
Building Area Total 5538
Lot Size Acres 0.1828
Lot Size Source Assessor
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* Excluded Features
List By
Intero Real Estate Services

Broker

mhecht@interocommercial.com

Email

Affordability Calculator

$18,119
Per Month
87%
13%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$2,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/22/2026$2,500,000 Listed Price

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711 Highland Avenue, San Mateo, CA, 94401 is a Multi-Family Home for sale at $2,500,000 with 5,538 sqft and a lot size of 0.1828. 711 Highland Avenue is a studio with 0.0 baths and was built in 1924. The property's zip code is 94401 which is in San Mateo, CA