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422 E 16th Ave, San Mateo, CA 94402

Sale Price: $1,675,000
Feb 12, 20253,964 sqft5 beds0 baths
Listed by: Nate Gustavson
License #: 01898316
Phone #: 415-786-9410
Compass
Source:
CRMLS Logo
MLS #: ML81993749

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.
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

$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$/sqftValuation
HouseCanary$390/sqft$1,544,000

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

SUBJECT
422 E 16th Ave, San Mateo, CA 94402

422 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

COMPARABLE
Choose comps
422 E 16th Ave, San Mateo, CA 94402

422 E 16th Ave, San Mateo, CA 94402

Sale: $1,675,000

4/18/20250.00 mi

Area:3,964 sqft
Price/sqft:$423
Beds:5
Baths:
Year Built:
Weight:58.1%
1219 Maple St, San Mateo, CA 94402

1219 Maple St, San Mateo, CA 94402

Sale: $1,900,000

7/22/20250.59 mi

Area:3,286 sqft
Price/sqft:$578
Beds:6
Baths:
Year Built:
Weight:41.9%

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