109 Hobart Avenue, San Mateo, CA, CA 94402

$2,600,000
3,686
SqFt

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List Price
$2,600,000
Status
ACTIVE
MLS#
ML82051983
County
San Mateo
Year Built
1948
Building Square Feet
3,686
Square Feet
8,750
Days on Market
34
Property Type
Multifamily

Property Description

Located in one of the most desirable residential neighborhoods in San Mateo, 109-111 Hobart Avenue offers a unique duplex opportunity with both investment appeal and owner-user flexibility. The property consists of two spacious three-bedroom units, each with generous layouts, and attached garages. The rear unit features a private outdoor area, enhancing tenant appeal and livability. Set on an oversized lot, the property also offers potential for future ADU development, creating additional income opportunities. 109-111 Hobart Ave is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of high-end shopping, dining and entertainment options. The subject property is also located within close proximity to the major transportation corridors of U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and the major thoroughfare of El Camino Real. These transportation hubs provide tenants and residents with convenient access to San Francisco and San Jose and provides close proximity to many of the nation's top tech employers including Google, Meta, Stanford, Box Inc., Visa, Sony as well as many others.

Additional Information

Taxes
$36,752
Parcel Number
034382050
Gross Scheduled Income
$102,036
Number of Buildings
1
Heat
Central
Cooling
Yes
Roof
Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Other

Listing courtesy of Listing Agent: Cole Simpson (cole.simpson@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.