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.
Get a detailed valuation report, schedule a tour or make an offer!
“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 Savings
$17,895
TurboHome Estimated Value
$1,544,000
$390 sqft
High Valuation
$1,621,200
$409/sqft
Normal Valuation
$1,544,000
$390/sqft
Low Valuation
$1,466,800
$370/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $390/sqft | $1,544,000 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
Neighborhood: Haywood Park
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Comparative Value
$1.68M
$1.90M
$1.90M
422 E 16th Ave, San Mateo, CA 94402
Sale Price: $1,675,000
Selected Comparable
422 E 16th Ave, San Mateo, CA 94402
List Price: $1,895,000
Subject Property
1219 Maple St, San Mateo, CA 94402
Sale Price: $1,900,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT422 E 16th Ave, San Mateo, CA 94402
List: $1,895,000
Listed: 2/12/2025
Area:3,964 sqft
Price/sqft:$478
Beds:5
Baths:—
Year Built:—
Lot Size:4,800
Comparable Properties
COMPARABLEChoose comps
422 E 16th Ave, San Mateo, CA 94402
Sale: $1,675,000
4/18/2025 • 0.00 mi
Area:3,964 sqft
Price/sqft:$423
Beds:5
Baths:—
Year Built:—
Weight:58.1%
1219 Maple St, San Mateo, CA 94402
Sale: $1,900,000
7/22/2025 • 0.59 mi
Area:3,286 sqft
Price/sqft:$578
Beds:6
Baths:—
Year Built:—
Weight:41.9%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
422 E 16th Ave, San Mateo, CA 94402 | $1,895,000 | 3,964 | $478 | 4,800 | — | 2/12/2025 | 5 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
422 E 16th Ave, San Mateo, CA 94402 | $1,675,000 | 3,964 | $423 | 4,800 | 0.00 mi | 4/18/2025 | 5 | — | — | 58.1% | |
1219 Maple St, San Mateo, CA 94402 | $1,900,000 | 3,286 | $578 | 7,500 | 0.59 mi | 7/22/2025 | 6 | — | — | 41.9% |
Nearby Listings
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List Price: $1,600,000
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4 bd 4,082 sqft
TurboHome Est. Value:
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List Price: $2,250,000
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TurboHome Est. Value:
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