The median home value in San Mateo, CA is $1,810,000.
This is
higher than
the county median home value of $1,500,000.
The national median home value is $308,980.
The average price of homes sold in San Mateo, CA is $1,810,000.
Approximately 51% of San Mateo homes are owned,
compared to 45% rented, while
4% are vacant.
San Mateo real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact San Mateo real estate agent to arrange a tour today!
Learn more about San Mateo.
This newly built medical dental condo is situated on the bustling San Mateo - Burlingame border. Condo is thoughtfully renovated with quality material and finishes throughout. The unit flows from the waiting room to the front desk area and three operatories. Operatories are plumbed, you provide the equipment. ADA access, ADA restroom and wheelchair accessible lift installed. This is one of the two condo for sale in the building. Unit #3 ML82004722 is sold along with this unit. Don't miss out on this opportunity!
Open House:
Friday, 11/14 12:00-1:00PM
Marcus & Millichap is pleased to present 24 Baytree Way, a ten-unit multifamily community located in the highly sought-after El Cerrito Manor neighborhood of San Mateo. Built in 1950, the property sits adjacent to Hillsborough Heights, where the average home value exceeds $4,000,000. This rare investment opportunity allows an investor to curate a boutique residential community surrounded by well-established single-family homes. The unit mix features a combination of one- and two-bedroom floor plans, each notably larger than typical apartment homes constructed during the 1950's. The property also offers two vacant, rent-ready units, providing immediate access for tours and a seamless transition for new ownership.
JUST DROPPED: $2,150,000 1950 Ivy St, San Mateo Was $2.3M Now $150K Below Original! Discover Your Easy Path to Wealth: 1950 Ivy St, San Mateo NOW ONLY $2,150,000! Calling All Cash & Stock-Rich Investors! Tired of market volatility? Become a landlord overnight with this turnkey 6-unit cash cow in prime San Mateo, just reduced $150K from $2.3M! Why 1950 Ivy Beats the Market (and Next Door): * $550K Built-In Equity Identical 1946 Ivy St sold for $2.7M last year * Unit 6 of 1950 is upgraded. Unit 5 was just vacated and ready for remodeling. * Month-to-Month Tenants Very Responsible Tenants, New Owner can push rents to $200K+ gross/year * Current Cash Flow: ~$150K gross, net $100K-$140K after expenses * Your 5-Year Wealth Plan (Buying at $2.15M) Passive Income: $500K+ net profit over 5 years Appreciation: +24%/yr $2.7M-$3M value by 2030! Equity Build: Tenants pay down your loan! Tax Advantages: Depreciation + 1031upside. No stock risk. No hassle. Just collect checks. Steps from tech hubs, top schools, parks, and transit.
2163 Palm Avenue is a single-tenant light industrial building that totals approximately 7,715 gross square feet and is situated on a 9,816 square foot site. Approximately 45% of the building is improved with office space, with the remaining 55% currently utilized for manufacturing and storage use. Additionally, there is about 1,000 square feet of bonus second floor office area not included in the gross building area. Loading is provided by two 10X10 grade doors. The building has seven parking spaces and a fenced yard. This is an excellent opportunity for an owner/user to acquire a good-quality building in San Mateo with flexible zoning. Permitted uses in the Service Commercial zoning district include air conditioning and heating sales and service; animal hospitals; automobile parts, service, and repair; construction materials sales and lumber yards; dry cleaning establishments; linen, towel, diaper, and other similar supply services; machinery, sales, rental and service; parcel delivery and receiving stations; processing and assembly of goods; sheet metal shops; storage and warehousing; tool, die, and pattern making; welding and iron work; and wholesale establishments.
Magnify is pleased to present the opportunity to acquire 2830 Flores St, a fully stabilized, turnkey 17-unit apartment building in the thriving city of San Mateo. Located just steps from the Hillsdale Shopping Center and Caltrain Station, this well-maintained asset offers a compelling mix of large, spacious units ideal for attracting long-term tenants in a high-demand rental market. Constructed in 1961 and fully renovated in 2020-2021, the property consists of (7) two-bedroom/one-bathroom units, (8) one-bedroom/one-bath units, and (2) studios on a 18,499 square foot lot. The property has undergone significant capital improvements, with 15 of 17 units renovated to modern standards. With 8.8% immediate upside in rents and 21% total upside in rents, investors can benefit from strong in-place income and future growth potential. This is a low-vacancy, high-performing asset in one of the Bay Areas most resilient and supply-constrained submarkets.
*Call for offers 10/16 at 11:00am.* Rare chance to acquire one, two, or all three multifamily properties located on contiguous parcels on Grand Boulevard in San Mateo. 315 (fourplex), 321 (triplex), and 327 (triplex) Grand Blvd (MLS# ML82022562, ML82024252, ML82015184). Available separately or combined. Potential to construct up to 12 ADUs per an ADU consultancys pre-feasibility study. These properties total 10 units, 6,369 SqFt of building area, and 22,873 SqFt of land. 315 Grand is renovated, has two vacancies, and the potential for 5 ADUs. 321 and 327 Grand are value add opportunities with below market rents and are fully leased. 321 Grand has the potential for 4 ADUs and 327 Grand has the potential for 3 ADUs. Conveniently located near Downtown San Mateo, residents enjoy walkable access to shops, dining, and entertainment, as well as proximity to Caltrain, Highway 101, and Highway 92, providing easy commutes throughout the Peninsula and Silicon Valley. The robust economy, excellent schools, high quality of life, rent growth, and ADU potential make 315, 321, and 327 Grand Blvd. a great opportunity for cash flow, appreciation, and development minded investors.
The court date has been confirmed for Monday, December 1, 2025, at 9:00 AM at 400 County Center, Redwood City, Department 3 Probate Division. The first minimum overbid price will be $1,139,750. Any prospective overbidder must appear in court with a cashiers check equal to 10% of the minimum overbid price (or of the price they intend to offer). The cashiers check must be made payable to First American Title. Opportunity in the heart of downtown San Mateo! 128 North B Street offers prime visibility in a high-traffic corridor surrounded by shops, dining, and professional services. This flexible commercial building is ideal for an owner-user looking to establish their business or for an investor seeking a strong rental property in a sought-after location. Just steps to Caltrain and minutes from Highways 101, 92, and 280, the property combines convenience, accessibility, and long-term growth potential in one of the Peninsulas most dynamic downtown districts. Probate sale and subject to overbid
The court date has been confirmed for Monday, December 1, 2025, at 9:00 AM at 400 County Center, Redwood City, Department 3 Probate Division. The first overbid price will be $1,050,500. Any prospective overbidder must appear in court with a cashiers check equal to 10% of the minimum overbid price (or of the price they intend to offer). The cashiers check must be made payable to First American Title. Opportunity in the heart of downtown San Mateo! 132 North B Street offers prime visibility in a high-traffic corridor surrounded by shops, dining, and professional services. This flexible commercial building is ideal for an owner-user looking to establish their business or for an investor seeking a strong rental property in a sought-after location. Just steps to Caltrain and minutes from Highways 101, 92, and 280, the property combines convenience, accessibility, and long-term growth potential in one of the Peninsulas most dynamic downtown districts.
The first minimum overbid price will be $1,050,500. The court date has been confirmed for December 1, 2025, at 9:00 AM at 400 County Center, Redwood City, Department 3 Probate Division. Any prospective overbidder must appear in court with a cashiers check equal to 10% of the Minimum overbid price (or of the price they intend to offer). The cashiers check must be made payable to First American Title. Opportunity in the heart of downtown San Mateo! 136 North B Street offers prime visibility in a high-traffic corridor surrounded by shops, dining, and professional services. This flexible commercial building is ideal for an owner-user looking to establish their business or for an investor seeking a strong rental property in a sought-after location. Just steps to Caltrain and minutes from Highways 101, 92, and 280, the property combines convenience, accessibility, and long-term growth potential in one of the Peninsulas most dynamic downtown districts. Probate sale . Court Confirmation Required.
Fantastic investment property in ideal Peninsula location. Six large one bedroom, one bath units. New roof, exterior paint, and landscaping. Easy property to manage and lease. Great upside. Approximately 7,500 sq ft property on a 4,885 sq ft lot. Three garage spaces. Great west side San Mateo asset with easy access to Caltrain, Freeways, and SamTrans. Separate PG&E and water meters.
An exceptional investment opportunity in the heart of San Mateo! This commercial multi-unit property at 735 N. Amphlett Blvd features six fully remodeled residential units in a well-maintained and professionally upgraded building. Property Highlights: Five (5) One-Bedroom / One-Bathroom Units Approximately 600 sq ft each One (1) Two-Bedroom / One-Bathroom Unit Modern interiors with updated kitchens, bathrooms, flooring, and fixtures Detached Enclosed Garages for Each Unit Secure parking and added tenant value Well-Located Easy access to Highway 101, downtown San Mateo, Caltrain, shopping, and dining Turnkey Investment Strong rental potential in a high-demand Peninsula market Ideal For: Investors seeking stable income in a strong rental market 1031 Exchange buyers Portfolio diversification in the San Francisco Bay Area Contact listing agent for financials, rent roll, and private tour scheduling. Dont miss this rare chance to own a fully remodeled multi-unit asset in one of the Bay Areas most strategic and sought-after locations.
917 N. Amphlett is a two-story industrial warehouse & office located just West of Hwy 101 in San Mateo, CA.. The property and its signage are readily visible from the most heavily trafficked highway linking San Francisco with San Jose/ Silicon Valley. Ideal spot for businesses seeking easy access to regional markets and transportation. San Mateos strong and diverse local economy, driven by industries like tech, finance, and biotech, generates high demand for commercial spaces. San Mateo benefits from a well-educated, affluent population, offering a solid customer base for various business types.
Current Entitlement: Introducing a compelling development opportunity at 2700 El Camino Real, offering a vibrant mixed-use project situated for success. The project envisions the transformation of two used car dealership lots and an empty lot into a dynamic space featuring: * 13,500 square feet of ground-floor commercial space: This prime retail area caters to the needs of the surrounding community and leverages the high foot traffic along El Camino Real. * 68 residential condominiums * Three floors of below-grade parking * Proximity to CA-92: Easy access to the highway facilitates convenient commutes and regional connectivity. * Across the street from the future Caltrain station (at 28th) * Surrounded by vibrant shopping and schools Potential in modification to the entitlement: * Increasing in density to156 residential condominiums * 13,900 square feet of ground-floor commercial space * Two or Three floors of below-grade parking. After construction, estimated value will be over $100m. Subject to City of San Mateo's approval
Fully leased 2,870 SF mixed-use building located just off El Camino Real in a high-traffic commercial corridor. Zoned for flexible retail and office use, the property offers strong street visibility, consistent foot and vehicle traffic, and convenient on-site parking. The current tenant mix includes a smoke shop, barber shop, and four office suites on the second floor. The property generates stable income with upside potential through below-market rents. Ideally situated near the San Mateo County Event Center and Hillsdale Caltrain Station, this is a great opportunity for investors seeking long-term value in a prime San Mateo location.
Rarely Available Opportunity to Acquire 5-unit Spacious, Easy-To-Manage apartment building consisting of four 1-bed 1-bath and one 2-bed 1-bath. Conveniently-Located Asset Near Downtown San Mateo. Walk to Hillsdale Cal-Train & Franklin Templeton. Units with/ Excellent Floorplan. Dual-Pane Windows, individual Water Heaters, New Exterior Painting, Drought-Resistant Landscaping. Proven, Consistent Income-Generator, Providing Strong Cashflow with Very Low Vacancies and Turnovers.
Amazing opportunity to own a well maintained stand alone building literally feet from El Camino Real!!! NNN lease in place until 06/32. Concrete block and stucco building. ROOF and WINDOWS replaced in 2022. 2 bathrooms and extra space in rear of building with private entrance. 2 designated parking spots in rear parking lot. Convenient street parking. over 3500 SQ feet on single level! Walk in cooler
This newly constructed medical/dental condo is ideally located on the vibrant San Mateo Burlingame border. Thoughtfully designed with high-quality materials and finishes throughout, the unit offers a seamless layout from the welcoming waiting area to the front desk and three fully plumbed operatories ready for your equipment installation. The space includes ADA-compliant access, a wheelchair lift, and a private restroom. Unit #2 ML82027081 is sold along with this unit. Don't miss out on this opportunity! A turnkey opportunity in a high-traffic location don't miss out!
This five-unit apartment building sits on a prime 8,809 sq ft corner lot in one of San Mateo's most sought-after locations. 126 N Ellsworth offers significant value-add potential for investors. Rarely does a large corner lot become available in an A+ location like this. Boasting an impressive 94 Walk Score- this coveted address is just moments from vibrant Downtown San Mateo & in the heart of the Peninsulas leading AI, high-tech, and biotech companies. Just one block from Caltrain, it offers exceptional commuter convenience and strong rental demand.
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