444 Villa Terrace, San Mateo, California 94401, San Mateo, 94401 - 0 bed, 0 bath
Loading property details...
San Mateo, California 94401
This Multi-Unit Residential Income Asset is listed at $2,495,000, representing a stable investment opportunity aligned with its $2,359,887 Fair Market Value. Currently holding a Condition Rating of 4, the property features a remodeled unit with quartz counters and Private Decks and Yards for all tenants. The oversized 7,500 sq ft Lot offers rare Expansion Potential for additional units, while the location within the San Mateo High School District ensures consistent rental demand. This is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 444 Villa Terrace Subject | $2,495,000* List Price | 0 | 0 | 3,607 | $654 | - |
A 436 Turner Terrace Sold | $2,075,000 | 0 | 0 | 2,993 | $693 | 0.3 mi |
B 422 Peninsula Avenue Active | $2,200,000 List Price | 0 | 0 | 3,450 | $638 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1961, placing it outside the 'excellent' and 'good' categories based on age. While recent exterior upgrades and one remodeled kitchen/bath in Unit 3 are noted, the overall condition appears to be a mix. The kitchen in Unit 3 is described as remodeled with modern features, but other units may not have received similar updates. The images show some dated elements, particularly in the kitchen, and the flooring appears to be laminate or wood, which is acceptable but not indicative of a recent high-end renovation. The property is described as 'beautifully maintained,' suggesting it's functional and livable, but the age of the building and the mention of potential for further renovation in other units point towards a 'fair' condition, requiring some updates to reach a higher standard.
Situated in a highly desirable San Mateo location, offering excellent walkability to downtown Burlingame and San Mateo, and proximity to top-rated schools.
A well-maintained 4-unit building with long-term tenants and a low vacancy rate, presenting a strong investment opportunity with potential for expansion and an additional unit.
Significant recent improvements including roof work, deck waterproofing, exterior paint, new doors, and a rebuilt carport, ensuring structural integrity and aesthetic appeal.
While Unit 2 has a carport and an uncovered space, the description doesn't specify parking for the other three units, which could be a concern in a dense urban area.
While Unit 3 is remodeled, the other units may require updates to match modern standards, representing a potential future investment for the owner.
Built in 1961, the property may have older infrastructure (plumbing, electrical) that could require attention over time, despite recent exterior upgrades.
Beautifully maintained 4 unit building in a prime San Mateo location near top rated schools. Excellent Investment Opportunity, long-term tenants with a low vacancy rate. Each 2BR 1BA unit offers private outdoor space, with decks for the upper units and yards for the lower units. Unit 2 includes a carport plus an uncovered space and could serve as an ideal owners unit with its private backyard. Unit 3 features remodeled kitchen with quartz counters, new cabinets, fixtures, and appliances, and modern bath with new tile, vanity, and flooring. Recent upgrades include roof work, deck waterproofing, exterior paint, new doors, and rebuilt carport. Large 7500 sf lot offers room for expansion and possible additional unit over carports. Walk to downtown Burlingame and San Mateo.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,607 | 2,776.5 | 75% |
| Lot Size | 7,500 | 7,536 | 50% |
| Price | $2.50M | $1.82M | 75% |
| Price per sq ft | $692 | $685 | 50% |
| Built year | 1961 | 1938 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 170 | 184 | 50% |
Nov 3, 2025
$2,495,000
Initial Listing