414 E 16th Avenue, San Mateo, CA 94402
414 E 16th Avenue, San Mateo, CA 94402
414 E 16th Avenue, San Mateo, CA 94402
7
See all 7 photos
Listed by Adam Foley • CBRE, Inc. • 408-453-7400
$1,900,000
Est. payment /mo
Save
3,325 SqFt
New

414 E 16th Avenue San Mateo, CA 94402

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,325 sqft

Price per Sqft $571

MLS Listing ID ML82061457

HOA Y/N No

Year Built 1959

Lot Size 5,789 Sqft

Property Sub-Type Quadruplex

Source Datashare MLSListings

Property Description

414 E 16th Ave (the Property) is a four-unit multifamily asset built in 1959, situated on a two-story, slab-on-grade structure of stucco and wood construction in San Mateo's Hayward Park submarket. The Property features a unit mix of two (2) studio floorplans and two (2) one-bedroom/one-bathroom floorplans, averaging 775 square feet. The Property is 100% occupied as of August 2026. The Property offers a new owner a rare combination in this submarket: a fully occupied, free and clear fourplex with copper supply lines, dual-paned vinyl windows building-wide, on-site laundry, and covered tuck-under parking. In-place rents average $2,129 per unit, against market rents of $2,375 per unit, a loss-to-lease of 11.5%. A light interior renovation program, budgeted at $18,750 per unit, supports renovated rents of $2,750 per unit, or a 15.8% premium to current market. The Property's location places residents between Highway 101 and Interstate 280, within a short drive of Peninsula employers including Sony Interactive Entertainment, Roblox, GoPro, and Franklin Templeton in San Mateo, Oracle in Redwood Shores, and Meta in Menlo Park. Hillsdale Caltrain and the Bay Meadows mixed-use development are both nearby, and Hillsdale Shopping Center provides additional dining and retail options.

Location

State CA

County San Mateo

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Building

Water Public

Schools

School District San Mateo Union High, San Mateo-Foster City Elementary

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Max Manatt

Max Manatt

Agent License ID: 01957416

+1(925) 980-3375

Name
Phone
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keller Williams Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

414 E 16th Avenue

QUICK SEARCH