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Property Description

1401-1403 Cary Avenue in San Mateo is a well-maintained duplex situated on a spacious 5,479 SF lot, offering an excellent investment or owner-occupant opportunity. Built in 1950, the property features two updated units: a vacant 3-bedroom, 1-bathroom unit and an occupied 2-bedroom, 1-bathroom unit generating $3,300 per month in rental income. Both units have been thoughtfully upgraded with modern kitchens and bathrooms, providing contemporary comfort while maintaining the charm of the original construction. Each living room is highlighted with 12-foot ceilings and traditional fireplaces. With tenants responsible for all expenses, this property presents a low-maintenance income-producing asset in a desirable location. Note: The Property has been Virtually staged for illustration purposes.

Overview

Property Status
Sold
Date Sold
February 24, 2026
Lot Size
5,500 Sq.Ft.
MLS ID
ML81993977
Property Type
Multi-Family
Year Built
1950

Features & Amenities

Total Area
2,324 Sq.Ft.
Stories
1
Garage Spaces
2.0
Utilities
Public Utilities, Individual Electric Meters, Individual Gas Meters
Roof
Tar Gravel
Parking
Attached Garage
Heat Type
Gas, Wall Furnace
Air Conditioning
None
Other Interior Features
High Ceiling
Sewer
Other
Substructure
Slab
Disability Features
Other
School District
SanMateoUnionHigh
Sales Price
$1,575,000
Real Estate Tax
$22,103/yr
Zoning
R20000

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1401 - 1403 Cary AVE

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1401 - 1403 Cary AVE
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