518 19th Ave

518 19th Ave , San Mateo, CA 94403

Property Information

  • For Sale $2,395,000
  • Property Type Multi-Family
  • Property Size 5,440 SF
  • Units 7
  • Lot Size 0.18 Acre
  • Parking Spaces Avail. 7
  • Property Tenancy Multi-Tenant
  • Year Built 1958
  • Date Updated May 15, 2026

Description

518 19th Avenue is ideally situated in a quiet residential pocket of San Mateo, just south of Downtown and moments from El Camino Real. The property offers easy access to Highway 101, Interstate 280, and the Caltrain station, connecting residents to major employment centers across the Peninsula and Silicon Valley. The surrounding area features a mix of single-family homes and small apartment buildings, providing a stable neighborhood feel with proximity to top-rated schools, parks, and everyday conveniences. Nearby shopping, dining, and entertainment options at Hillsdale Shopping Center and downtown San Mateo enhance the property’s long-term rental appeal.518 19th Avenue is a seven-unit apartment building located in the heart of San Mateo, just minutes from downtown and Caltrain. Built in 1958, the property consists of four (4) spacious one-bedroom, one-bath units, and three (3) studio units. The building spans 5,440 square feet on a 7,841-square-foot lot and includes covered carport parking. Current rents range from $1,795 to $2,350 per month, with market rents between $2,195 and $2,995, presenting a strong opportunity for rent growth. 518 19th Avenue offers stable in-place income with clear upside potential in one of the Peninsula’s most desirable rental markets.

Highlights

  • 1-to-1 Parking for All Units
  • Easy Access to Hwy 92, 101, and 280
  • Near Hillsdale Shopping Center and Fashion Island
  • New dual-pane windows throughout enhance comfort and energy efficiency.
  • Prime San Mateo location near downtown, Caltrain, shopping, and dining.
  • Six of seven units fully renovated with modern finishes and updated interiors.
  • Strong in-place income with all rents currently at market levels.
  • Tenant Membership to Fiesta Gardens Club House, Pool and Recreation
  • Well-maintained, turnkey property offering solid cash flow and long-term value

Contacts

Cris Lamas

Urban Capital

Location

Located at 518 19th Ave , San Mateo, CA 94403, this property is part of the Fiesta Gardens neighborhood and San Francisco market.

Contact Listing Broker
Cris Lamas

Urban Capital

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.