119 E Poplar Avenue

San Mateo, CA 94401
$1,828,000
1940 sqft | 6 beds | 3 baths | 0.17 acres | #ML81988521
Courtesy of Redfin

Description

Rare Investment opportunity with potential of adding an ADU on the expansive lot. This unique duplex with an additional one bedroom studio is perfectly situated just minutes from downtown Burlingame and San Mateo, making it an ideal choice for investors. The property includes a 2-bedroom, 1-bath upper unit, a 3-bedroom, 1-bath middle unit, and a 1-bedroom, 1-bath studio, all currently rented on month-to-month leases with total rents of $7,300 per month, does not include utilities. Features include newer carpet, tile flooring, crown molding, forced central heat, and abundant natural light. Recent updates include a composite roof, skylights, refreshed interior and exterior paint, and stainless steel appliances in select units. The property also offers shared laundry facilities, dedicated storage closets, and open parking for three vehicles at the rear. Located in a highly walkable neighborhood, residents enjoy easy access to walking trails, parks, schools, Caltrain, and an array of popular restaurants. Don't miss this rare opportunity to own a versatile and well-maintained income property in a coveted location!

  • Property Details
      • Bedrooms:6
      • Bathrooms:3
      • Full Baths:3
      • Acres:0.1695
      • Square Feet:1940
      • Property type:Purchase
      • Year built:1922
      • Utility source:Public
      • School district:Other
      • County:San Mateo
      • Original List Price:$1, 828, 000
      • MLS #:ML81988521
      • Cost:1828000
      • Property subtype:Residential
      • MLS #:ML81988521

Location

The Alcantara GroupReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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