1401-1403 Cary Avenue in San Mateo is a well-maintained duplex situated on a spacious 5,479 SF lot, offering an excellent investment or owner-occupant opportunity. Built in 1950, the property features two updated units: a vacant 3-bedroom, 1-bathroom unit and an occupied 2-bedroom, 1-bathroom unit generating $3,300 per month in rental income. Both units have been thoughtfully upgraded with modern kitchens and bathrooms, providing contemporary comfort while maintaining the charm of the original construction. Each living room is highlighted with 12-foot ceilings and traditional fireplaces. With tenants responsible for all expenses, this property presents a low-maintenance income-producing asset in a desirable location.
For sale
Price cut: $52K (8/11)
$1,698,000
1401-1403 Cary Ave, San Mateo, CA 94401
--beds
--baths
2,324sqft
Est.:
Duplex
Built in 1950
-- sqft lot
$1,689,500 Zestimate®
$731/sqft
$-- HOA
What's special
- 187 days
- on Zillow |
- 420 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 02:30am
Listed by:
Sam Runco 01977683 650-759-3414,
Marcus & Millichap,
Philip Batlin 01873218 415-625-2189,
Marcus & Millichap
Source: MLSListings Inc,MLS#: ML81993977

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Tour with a buyer's agent
Open house
Facts & features
Interior
Heating
- Gas, Wall Furnace
Cooling
- None
Features
- High Ceilings
- Doors: Other
Interior area
- Total structure area: 2,324
- Total interior livable area: 2,324 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Other
Features
- Stories: 1
Lot
- Size: 5,500 Square Feet
Details
- Parcel number: 033264050
- Zoning: R20000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Slab
- Roof: TarGravel
Condition
- Year built: 1950
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Other
- Utilities for property: Public Utilities, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: San Mateo
Financial & listing details
- Price per square foot: $731/sqft
- Annual tax amount: $22,103
- Date on market: 2/13/2025
- Listing agreement: ExclusiveRightToSell
- Inclusions: Other
- Lease term: Month To Month
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