Investors Dream | End Users Opportunity | Prime San Mateo | Offers Due Thursday @ 3 PM
335 N Delaware Street; a rare, blank canvas brimming with potential in one of San Mateo's most desirable locations. Nestled just blocks from bustling Downtown San Mateo, Caltrain, Central Park, and top-rated eateries, this property is perfect for builders, flippers, or future homeowners looking to customize their dream home.
Jackpot Zoning RM, the lot allows for up to 50% lot coverage, which means you could potentially build up to 2,683 sq ft of living space (verify with city). With construction costs averaging ~$500/sq ft, the equity upside here is substantial whether you're looking to expand, rebuild, or remodel.
The existing home is functional and ready for cosmetic touch-ups, with a deep lot that offers endless yard possibilities, ADU? Garden? You decide. Whether you're an investor seeking returns or a savvy buyer aiming to break into the San Mateo market with vision and value, this is your one, good opportunity.
Open this week, come explore the possibilities!
This area of San Mateo is highly walkable and community-centric, with easy access to local parks, top schools, and the vibrant downtown corridor. Its city-living with a small-town feel, right in the heart of the Peninsula.
Pending
$1,198,000
335 N Delaware St, San Mateo, CA 94401
3beds
1,220sqft
Est.:
Single Family Residence,
Built in 1900
5,366 Square Feet Lot
$1,251,900 Zestimate®
$982/sqft
$-- HOA
What's special
Deep lotEndless backyard possibilities
- 26 days
- on Zillow |
- 2,744 |
- 116 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 12:06pm
Listed by:
Payne Sharpley 02195155 408-620-4372,
Coldwell Banker Realty,
Joe Velasco 01309200 650-833-8498,
Coldwell Banker Realty
Source: MLSListings Inc,MLS#: ML82014884

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: EatinKitchen, NoFormalDiningRoom
Family room
- Features: NoFamilyRoom
Heating
- Central Forced Air
Cooling
- Central Air
Interior area
- Total structure area: 1,220
- Total interior livable area: 1,220 sqft
Property
Parking
- Total spaces: 2
- Parking features: Common, Off Street
Features
- Stories: 1
Lot
- Size: 5,366 Square Feet
Details
- Parcel number: 032204040
- Zoning: RM0003
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence,
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition, Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: San Mateo
Financial & listing details
- Price per square foot: $982/sqft
- Tax assessed value: $310,208
- Annual tax amount: $6,932
- Date on market: 7/16/2025
- Listing agreement: ExclusiveRightToSell
- Loading