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Schedule A Showing
3223 Glendora Dr, San Mateo, CA 94403
Priced at Only: $4,700,000
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Address: 3223 Glendora Dr, San Mateo, CA 94403
Property Location and Similar Properties
- MLS#: 41121432 ( )
- Street Address: 3223 Glendora Dr
- Viewed: 5
- Price: $4,700,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1964
- Bldg sqft: 0
- Days On Market: 36
- Additional Information
- County: SAN MATEO
- City: San Mateo
- Zipcode: 94403
- Subdivision: Laurelwood
- Provided by: Compass
- Contact: Ken Ken

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Description3223 Glendora Drive is a well maintained 9 unit apartment property located in a prime San Mateo neighborhood directly adjacent to the Laurelwood Shopping Center. The asset reflects true pride of ownership and offers a compelling blend of stability, unit size, and rental upside. The unit mix consists of seven spacious one bedroom/one bath units and two two bedroom/one bath units. The one bedroom units range approximately 750800 square feet, while the two bedroom units are approximately 950 square feetsizes that are well above typical market averages and highly attractive to long term tenants. The property is very well maintained and features tuck under parking with one enclosed garage space currently being leased as storage, providing valuable off street parking in a supply constrained area. Tenants benefit from a quiet rear courtyard and backyard area, enhancing livability and tenant retention. Current rents are below market, offering approximately 24% upside through rent growth, positioning the property as an ideal opportunity for an investor seeking both immediate cash flow and long term value appreciation in one of San Mateos most desirable submarkets.
Features
Association Fee
- 0.00
Construction Materials
- Stucco
Cooling
- None
Days On Market
- 34
Heating
- Forced Air
Parcel Number
- 041263290
Sourcesystemkey
- 41121432:BMLS
Subdivision Name Other
- LAURELWOOD
Tenant Pays
- Gas
Water Source
- Other
Year Built
- 1964
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com






















