1 Hayward Ave, SAN MATEO, CA

$3,800,000

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6,753

Square feet

0.29

Acres

About 1 Hayward Ave

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.

Features of 1 Hayward Ave

MLS® # ML81956855
Price $3,800,000
Square Footage 6,753
Acres 0.29
Year Built 1938
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 1 Hayward Ave
Area Hayward Park
City SAN MATEO
County San Mateo
State CA
Zip Code 94401

Amenities

Utilities Individual Electric Meters, Individual Gas Meters, Public Utilities
Garages Attached
Is Waterfront No

Interior

Heating Wall Furnace, Heat-See Fireplace
Cooling No Cooling
Fireplace No
Has Basement No

Exterior

Roof Shingle Roof
Foundation Concrete Perimeter, Wood Frame

School Information

Attendance Zone ARAGON HIGH SCHOOL, SUNNYBRAE ELEMENTARY SCHOOL, BOREL MIDDLE SCHOOL

Additional Information

Zoning E2-1/R4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentCole Simpson
OfficeMarcus & Millichap
Office Contact650-888-7696

Listing Map

Listing Schools/Amenities