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Listed by Cole Simpson • Marcus & Millichap
$ 2,600,000
Est. payment | /mo
3,686 SqFt
$ 2,600,000
Est. payment | /mo
3,686 SqFt
Open House
Wed Jul 01, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,686 sqft
Price per Sqft $705
MLS Listing ID ML82051983
HOA Y/N No
Year Built 1948
Lot Size 8,750 Sqft
Property Sub-Type Duplex
Source Datashare MLSListings
Property Description
Located in one of the most desirable residential neighborhoods in San Mateo, 109-111 Hobart Avenue offers a unique duplex opportunity with both investment appeal and owner-user flexibility. The property consists of two spacious three-bedroom units, each with generous layouts, and attached garages. The rear unit features a private outdoor area, enhancing tenant appeal and livability. Set on an oversized lot, the property also offers potential for future ADU development, creating additional income opportunities. 109-111 Hobart Ave is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of high-end shopping, dining and entertainment options. The subject property is also located within close proximity to the major transportation corridors of U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and the major thoroughfare of El Camino Real. These transportation hubs provide tenants and residents with convenient access to San Francisco and San Jose and provides close proximity to many of the nation's top tech employers including Google, Meta, Stanford, Box Inc., Visa, Sony as well as many others.
Location
State CA
County San Mateo
Interior
Heating Forced Air
Cooling No Air Conditioning
Fireplace No
Building
Water Public
Schools
School District San Mateo Union High, San Mateo-Foster City Elementary
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Paul LeJoy
Broker-Owner | Lic# 01467744