714-745-2708

16 W Bellevue Avenue, San Mateo, CA 94402

$3,650,000 Approx. USD 0 beds, 0 baths
3,856 sqft

Reduced by $200,000 on 9/23/2026

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Bryan Danforth | bryan.danforth@compass.com
Lic#: 01789680
Broker: Courtesy of Compass
Phone: 650-274-5227

Co Listing Agent

Matthew Thomson | matt.thomson@compass.com
Lic#: 01471708
Broker: Courtesy of Compass
Phone: 650-515-6555

Agent Remarks

$200K PRICE IMPROVEMENT!! TRUE TROPHY FOURPLEX BORDERING HILLSBOROUGH!! The Hillsborough Apartments is an incredible opportunity to acquire a true pride of ownership property in one of the most sought after locations on the peninsula. With outstanding in-place rents, this trophy asset is a true turnkey apartment building perfect for investors, owner-occupiers, and generational family purchasers alike. Strategically positioned west of the El Camino Real, bordering the prestigious Hillsborough neighborhood, this property is a MUST SEE! Attractive Unit Mix: All four units are 2-bed, 1-bath, approximately 1,000 sf each. The property benefits from numerous recent upgrades and capital improvements. All 4 units updated with granite counters and subway tile wainscoting, crown molding, arched walkways, custom cherry cabinets, Restoration Hardware fixtures, Baldwin door knobs & deadbolts, and Leviton dimmer lights and electric plugs. New roof in 2021, new water heaters, new sewer lateral in 2019 & new sewer line and cleanout. New plumbing valves. Double-Paned windows throughout with custom plantation shutters. Energy Efficient Washer/ Dryer in each unit. Add an ADU by converting the garage parking into an additional unit or two to increase value and cash‌‌‌‌‌‌‌‌‌‌‌‌ flow!

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# ML82055296

List price is $3,650,000 Reduced by $200,000 on 9/23/2026

Price: $3,650,000

Beds: 0

Baths: 0

Built in 1947

3,856 sqft

0.15 acres

Lot size: 0.1464

County: San Mateo

Zoning: Multifamily: R4

Appliances: Dishwasher,Microwave,Refrigerator

Heating/cooling: None

Heating description: Wall Furnace

MLS area: 699 - Not Defined

Last Updated: 9/23/2026

Days On Market (DOM): 66

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.570890, -122.338294.
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