1433 Jasmine St, San Mateo, CA 94402 - View 1
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1433 Jasmine St, San Mateo, CA 94402

Sale Price: $1,800,000
Sep 18, 20243,004 sqft4 beds0 baths
Listed by: Robert Johnston
License #: 01853816
Phone #: 650-391-1744
Marcus & Millichap
Source:
CRMLS Logo
MLS #: ML81980812

Property Description

1433 Jasmine St is a stunning 4-unit apartment community located in the thriving city of San Mateo, California. Situated on a 5,000 square foot parcel of land, the subject property was originally constructed in 1952 and has a gross building area of approximately 3,004 square feet, offering its tenants beautifully designed one-bedroom floor plans. San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center. The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Peninsula, 1433 Jasmine St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,853

TurboHome Estimated Value

$1,894,100

$631 sqft

High Valuation
$1,988,805
$662/sqft
Normal Valuation
$1,894,100
$631/sqft
Low Valuation
$1,799,395
$599/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$631/sqft$1,894,100

Neighborhood: Haywood Park

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Comparative Value

$1.68M

$1.80M

$2.05M

422 E 16th Ave, San Mateo, CA 94402

Sale Price: $1,675,000

Selected Comparable

1433 Jasmine St, San Mateo, CA 94402

List Price: $1,798,000

Subject Property

1433 Jasmine St, San Mateo, CA 94402

Sale Price: $1,800,000

Selected Comparable

33 Madison Ave, San Mateo, CA 94402

Sale Price: $2,050,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1433 Jasmine St, San Mateo, CA 94402

1433 Jasmine St, San Mateo, CA 94402

List: $1,798,000

Listed: 9/18/2024

Area:3,004 sqft
Price/sqft:$599
Beds:4
Baths:
Year Built:
Lot Size:5,000

Comparable Properties

COMPARABLE
Choose comps
1433 Jasmine St, San Mateo, CA 94402

1433 Jasmine St, San Mateo, CA 94402

Sale: $1,800,000

11/1/20240.00 mi

Area:3,004 sqft
Price/sqft:$599
Beds:4
Baths:
Year Built:
Weight:40.6%
33 Madison Ave, San Mateo, CA 94402

33 Madison Ave, San Mateo, CA 94402

Sale: $2,050,000

2/27/20250.12 mi

Area:2,924 sqft
Price/sqft:$701
Beds:5
Baths:
Year Built:
Weight:33.9%
422 E 16th Ave, San Mateo, CA 94402

422 E 16th Ave, San Mateo, CA 94402

Sale: $1,675,000

4/18/20250.41 mi

Area:3,964 sqft
Price/sqft:$423
Beds:5
Baths:
Year Built:
Weight:25.5%

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