This five-unit apartment building sits on a prime 8,809 sq ft corner lot in one of San Mateo's most sought-after locations. 126 N Ellsworth offers significant value-add potential for investors. 126 N Ellsworth is zoned R4, which supports a variety of potential uses, including high-density multifamily development. Rarely does a large corner lot become available in an A+ location like this. Boasting an impressive 94 Walk Score- this coveted address is just moments from vibrant Downtown San Mateo, charming shops, acclaimed restaurants, craft coffee spots, and in the heart of the Peninsulas leading AI, high-tech, and biotech companies. Just one block from Caltrain, it offers exceptional commuter convenience and strong rental demand.
A premier opportunity for developers to create a high-end buildout in a location that exemplifies both lifestyle and accessibility.
For sale
Price cut: $302K (7/20)
$2,998,000
North Ellsworth, San Mateo, CA 94401
--beds
--baths
3,663sqft
Est.:
Five Or More Units,
Built in 1918
-- sqft lot
$2,886,700 Zestimate®
$818/sqft
$-- HOA
What's special
Corner lot
- 111 days
- on Zillow |
- 110 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: July 19, 2025 at 11:20am
Listed by:
Scott Philip 01353710 650-771-8821,
Bay Area Estates
Source: MLSListings Inc,MLS#: ML82003413

Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Fireplace(s), Gas, Other, Radiant
Cooling
- Other, Wall/Window Unit(s)
Features
- Doors: None
Interior area
- Total structure area: 3,663
- Total interior livable area: 3,663 sqft
Property
Parking
- Total spaces: 8
- Parking features: Attached, Common
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 8,799.12 Square Feet
- Features: Level
Details
- Parcel number: 032302010
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units,
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
Condition
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public
Community & HOA
Location
- Region: San Mateo
Financial & listing details
- Price per square foot: $818/sqft
- Date on market: 4/21/2025
- Listing agreement: ExclusiveRightToSell
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
- Loading
- Loading