518 19th Ave, San Mateo, CA 94403

Fully renovated 7-unit multifamily in prime San Mateo near Downtown & Caltrain. Strong in-place income, covered parking, and clear rent-growth upside. Offered at $2.45M | 4.27% Cap. 518 19th Ave is a 7-unit apartment building featuring (4) large 1-bed/1-bath units and (3) spacious studios, six of which have been renovated with modern finishes, dual-pane windows, and updated interiors. The 5,440 SF building on a 7,841 SF lot offers covered parking, laundry income, and energy-efficient upgrades. Current rents range $1,795-$2,350 with market potential to $2,995, providing stable cash flow and long-term upside. Ideally located near El Camino Real, Hwy 101/280/92, Hillsdale Shopping Center, and Bay Meadows. A rare San Mateo multifamily investment opportunity near major employers and transit.