1850 El Parque Court San Mateo, CA $ 2,148,000
1850 El Parque Court
$ 2,148,000
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1850 El Parque Court

San Mateo, CA, 94403
$ 2,148,000
Baths0.0 Sq 4,799

Monthly Estimate*

$ 13,226

Listed by Engel & Völkers
1850 El Parque Court, San Mateo, CA 94403 - Image 1
1850 El Parque Court, San Mateo, CA 94403 - Image 2
1850 El Parque Court, San Mateo, CA 94403 - Image 3
1850 El Parque Court, San Mateo, CA 94403 - Image 4
Studio

Multi-Family Home for sale in San Mateo, CA

for $2,148,000. This 4,799 square foot home was built in 1964 on a lot size of 0.1654.

Opportunities like this are few and far between. Tucked away at the end of a quiet cul-de-sac in one of the Peninsulas most desirable communities, this turnkey 4-unit multifamily property offers investors and owner-occupants the rare chance to secure a foothold in the heart of Silicon Valley.The thoughtfully configured unit mix offers flexibility and broad tenant appeal. The property features a spacious 3-bedroom, 2-bath residence with a large private deck, two well-appointed 2-bedroom, 2-bath units each with their own outdoor space, and an oversized 1-bedroom, 1-bath unitan ideal combination for attracting long-term tenants seeking both comfort and functionality.Positioned on a private drive with dedicated off-street parking, the property provides both privacy and conveniencean increasingly valuable combination in todays competitive rental market. The cul-de-sac setting creates a peaceful residential environment while still being moments from major employers, transit corridors, shopping, and diningA standout feature of the property is its direct access to nearby Los Prados Park, where residents can enjoy playgrounds, sports fields, & expansive green space year-round. This rare adjacency to open parkland significantly enhances lifestyle appeall long-term rental desirability.

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Multi-Family Active

Price

$ 2,148,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,000

Style

Lot Size

0.1654

Year Built

1964

Town/City

San Mateo

County/Region

San Mateo

MLS | Web ID

ML82039261

Days on Market

3

Features
General
Living Area 4799
Heating Central
Cooling None
Possession Close Plus 3 Days
Roof Other Shingle
Zoning RM
Garage Spaces 0
Year Built 1964
Property Subtype Quadruplex
Accessibility None
County San Mateo
Insurance Expense 2500
Property Type Residential Income
HOA false
MaintenanceExpense 0
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions E Hillsdale Blvd. south on Norfolk st pass Marina Market right on El Parque Cross Street: Los Prados
City San Mateo
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 7206
Carport Spaces 4
Carport Y/N true
Tax Annual Amount 12000
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 5.63
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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 Off Site
Water Source Public
Total Parking 0
Lot Size Area 7206
Foundation Details Slab
Number of Buildings 1
Building Area Total 4799
Lot Size Acres 0.1654
Lot Size Source Assessor
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* Excluded Features
List By
Engel & Völkers

Broker

dingesnonnie@gmail.com

Email

Affordability Calculator

$14,226
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,226
Monthly Property Taxes
$1,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/19/2026$2,148,000 Listed Price

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1850 El Parque Court, San Mateo, CA, 94403 is a Multi-Family Home for sale at $2,148,000 with 4,799 sqft and a lot size of 0.1654. 1850 El Parque Court is a studio with 0.0 baths and was built in 1964. The property's zip code is 94403 which is in San Mateo, CA