53 E 39th Avenue San Mateo, CA $ 1,999,888
53 E 39th Avenue
$ 1,999,888
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53 E 39th Avenue

San Mateo, CA, 94403
$ 1,999,888
Baths0.0 Sq 2,962

Monthly Estimate*

$ 12,477

Listed by Sterling Ventures
53 E 39th Avenue, San Mateo, CA 94403 - Image 1
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Studio

Multi-Family Home for sale in San Mateo, CA

for $1,999,888. This 2,962 square foot home was built in 1935 on a lot size of 0.2224.

Welcome to 53-55 E 39th Street, a rare and spacious duplex located in the heart of San Mateo. This versatile property offers an incredible opportunity for investors, multi-generational living, or owner-occupants seeking additional rental income. The front unit features 3 bedrooms and 2 bathrooms with a generous layout ideal for a family or primary residence, while the rear unit offers 2 bedrooms and 1 bathroom, perfect for a small family. Each unit enjoys its own private entrance, garage, indoor laundry, and access to outdoor yard space. Interiors are bright and well-maintained, with hardwood flooring and updated kitchens throughout. Not to mention each unit has its own oversized back yard, bringing in additional cashflow for investors. Located on a quiet, tree-lined street just minutes from Hillsdale Shopping Center, Caltrain, top-rated schools, and an array of dining and retail options, this property offers a perfect blend of comfort, convenience, and long-term value. Easy access to Highways 92, 101, and El Camino Real makes commuting a breeze. Whether you're looking to live in one unit and rent the other, or add a high-quality asset to your real estate portfolio, 53 E 39th Street presents a rare and rewarding opportunity in one of the Peninsulas most desirable locations.

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Multi-Family Active

Price

$ 1,999,888

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 17,647

Style

Lot Size

0.2224

Year Built

1935

Town/City

San Mateo

County/Region

San Mateo

MLS | Web ID

ML82014377

Days on Market

53

Features
General
Living Area 2962
Sewer Public Sewer
Heating Forced Air
Roof Composition
Zoning R3
Garage Spaces 0
Year Built 1935
Property Subtype Duplex
Accessibility Other
County San Mateo
Insurance Expense 2000
Property Type Residential Income
HOA false
MaintenanceExpense 1000
Garage Y/N false
Special Listing Conditions Standard
Status Active
High School Hillsdale
City San Mateo
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 9688
Carport Spaces 4
Carport Y/N true
Elementary School Other
Tax Annual Amount 17647
Middle/Junior High School Other
Trash Expense 3000
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Duplex
Cap Rate 2.83
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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
Water Source Public
Total Parking 4
Lot Size Area 9688
Number of Buildings 1
Building Area Total 2962
Lot Size Acres 0.2224
Lot Size Source Assessor
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* Excluded Features
List By
Sterling Ventures

Broker

mlsinfo@sideinc.com

Email

Affordability Calculator

$13,947
Per Month
89%
11%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
$1,471
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
0 Elementary School
0 Middle School
Hillsdale High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,999,888 Listed Price

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53 E 39th Avenue, San Mateo, CA, 94403 is a Multi-Family Home for sale at $1,999,888 with 2,962 sqft and a lot size of 0.2224. 53 E 39th Avenue is a studio with 0.0 baths and was built in 1935. The property's zip code is 94403 which is in San Mateo, CA