Bought with Joey Wang • Keller Williams Realty
$1,895,000
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5 Beds
4 Baths
3,964 SqFt
SOLD DATE : 04/18/2025
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,964 sqft
Price per Sqft $422
MLS Listing ID ML81993749
Sold Date 04/18/25
Bedrooms 5
Full Baths 4
Year Built 1961
Lot Size 4,800 Sqft
Property Sub-Type Fourplex
Property Description
Compass Commercial is pleased to announce the exclusive listing of 422 E. 16th Street. Discover a prime investment opportunity in this well-maintained fourplex at 422 16th Avenue in San Mateo, California. This multifamily investment opportunity offers an ideal blend of location, convenience, and steady rental income. The property features a total of four units: one (1) spacious 2-bedroom/1-bath apartment with a private backyard and patio, alongside three (3) 1-bedroom/1-bath units. Each residence boasts dual-pane windows, ensuring energy efficiency and comfort for tenants. Built in 1961, the building spans 3,964 square feet on a 4,800 square foot lot. Residents benefit from four dedicated carports with storage, as well as brand-new onsite laundry facilities. Situated within walking distance of Station Park's shops and restaurants, this property provides excellent connectivity to Highways 101 and 92, as well as the Hayward Park Caltrain Station.
Location
State CA
County San Mateo
Area Hayward Park
Zoning Multifamily Residential
Rooms
Kitchen Countertop - Formica, Countertop - Tile, Dishwasher, Hood Over Range, Oven Range - Electric, Varies by Unit
Interior
Heating Wall Furnace
Cooling Ceiling Fan
Flooring Laminate, Tile, Vinyl / Linoleum
Laundry Coin Operated
Exterior
Exterior Feature Back Yard
Parking Features Assigned Spaces, Covered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Tar and Gravel
Building
Story 2
Foundation Concrete Slab
Sewer Sewer - Public, Sewer Connected
Water Public
Level or Stories 2
Others
Tax ID 035-072-050
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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