San Mateo, CA 94401,1 Hayward AVE
San Mateo, CA 94401,1 Hayward AVE
San Mateo, CA 94401,1 Hayward AVE
San Mateo, CA 94401,1 Hayward AVE
San Mateo, CA 94401,1 Hayward AVE
San Mateo, CA 94401,1 Hayward AVE
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$3,300,000

$3,800,000

13.2%
Est.Price: ?

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Est. payment /mo

0.29 Acres Lot


SOLD DATE : 06/14/2024

Key Details

Sold Price $3,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81956855

Sold Date 06/14/24

HOA Y/N No

Year Built 1938

Annual Tax Amount $55,261

Lot Size 0.294 Acres

Property Description

Upcoming public tours: Tuesday 3.26.24 from 2pm-4pm Wednesday 3.27.24 from 1pm-2pm 1 Hayward Ave is a stunning multifamily investment opportunity with a fully entitled mixed-use redevelopment site by the City of San Mateo. Proposed renderings feature 18 dwelling units and 2 office/retail spaces. Situated on a parcel of land totaling 12,824 square feet, the subject property was originally constructed in 1938 and has a gross building area of approximately 6,794 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. Additionally, the subject property provides tenants with private garages and backyard space. The subject site features three fully renovated semi-detached houses with convenient amenities such as private garages, backyard space, and in-unit laundry. All units are currently on a month-to-month lease. The subject property is located within close proximity to Downtown San Mateo, a popular area featuring a myriad of diverse retail shops, dining, and entertainment options. The subject property is also located near many major transportation corridors including U.S. Route 101, California State Route 92, and the San Mateo Caltrain Station.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning E2-1/R4

Interior

Heating Fireplace(s), Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 6

Roof Type Shingle

Building

Water Public

Schools

School District Other

Others

Tax ID 034275130

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Cole Simpson • Marcus & Millichap
Bought with Peyling Yap • Bay Area Realty
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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