SOLD 11/14/2023
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Commercial sold for $1,450,000 in 18 days
228 State St San Mateo, CA, 94401
Off the market Other
228 State Street in San Mateo represents an exclusive opportunity to purchase a multifamily property in one of the best areas on the Peninsula. With four occupied units this property presents an attractive opportunity for both seasoned investors and those new to the market. Don't miss your chance to own a slice of the real estate in a very convenient peninsula location. Perfectly situated between San Mateo and Downtown Burlingame 228 State Street will continue to remain a highly desirable location. Unit 1 and 2 have in unit washer and dryers. 232 State street also for sale and allows an investor to an assemblage for future development. Seller may consider owner financing
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Property details
4,556 sqft interior area
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City Lights
Land area
7,500 sqft (0.17 acres)
Address
228 State St, San Mateo, CA, 94401
City of California
San Mateo
County
San Mateo
Year Built
1926
District
Listing
Nearby major retailers
Costco
Verizon Wireless
Petco
Zumiez
Trader Joe's
GNC
GameStop
See's Candies
Apple Store
7-Eleven
Dollar Tree
AT&T
T-Mobile
Supercuts
Walgreens
The Home Depot
Marshalls
Safeway
NAPA Auto Parts
Macy's
Nordstrom
Pet Food Express
Jiffy Lube
Whole Foods Market
Ross
Ace Hardware
TJ Maxx
Wholesale: 1
Mobile phone: 7
Pet: 2
Clothes: 1
Supermarket: 8
Nutrition supplements: 2
Video games: 1
Confectionery: 1
Electronics: 2
Convenience: 4
Variety store: 1
Hairdresser: 1
Chemist: 1
Do it yourself: 2
Department store: 5
Car repair: 2
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Interior Features
Hardwood floors
Roof
Shingle
Floor Covering
Hardwood
Garage & Parking
Covered
Listed by
Brett Barron, Capital Realty Group
Name
Brett Barron
License number
00893787
Brokerage company
Capital Realty Group
MLS #
ML81946469
Buyer agent
Name
Brett Barron
Brokerage company
Capital Realty Group
Payment calculator
Calculate your monthly payments
Mortgage
$4,452
Taxes
$0
HOA dues
$0
Mortgage
$290,000 / 20%
2.28%
30 years
Your amount
$4,452 / month
Lot details
TMK #032151050
Lot Description
Sloped Up
Parcel nr.
032151050
94401 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 94401
47%
Families with children
National average: 39%
34%
Non family households
184,163
Population
$179,597
Average Income
Age & gender
Median age 39 years
More info
Commute types
76% commute by car
More info
Education level
32% have bachelor education
More info
Number of employees
5% work in management
More info
Vehicles available
37% have 2 vehicle
More info
Vehicles by gender
37% have 2 vehicle
More info
Housing market insights for
$2.17m
Neighborhood average
sales price*
sales price*
$1.65m
Neighborhood median
sales price*
sales price*
303
Number
of sales*
of sales*
Housing type
52% are single detacheds
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Rooms
30% of the houses have 4 or 5 rooms
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Bedrooms
50% have 2 or 3 bedrooms
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Owners vs Renters
57% are owners
More info
13.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Nov 14, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 14, 2023 | Sold | $1,450,000 | 0 | Public Record |
| Nov 14, 2023 | Price Decrease | $1,450,000 -13.43% | 0 | MLS #ML81946469 |
| Oct 31, 2023 | Under contract | $1,675,000 | 0 | MLS #ML81946469 |
| Oct 28, 2023 | New Listing | $1,675,000 | 0 | MLS #ML81946469 |
Taxes of 228 State St, San Mateo, CA, 94401
RM00 zoning / MLS #ML81946469
Zoning
RM00
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Frequently Asked Questions about 228 State St
What is 228 State St?
228 State St is a Commercial/Industrial propertywith 4,556 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
228 State St, San Mateo, CA, 94401.
What comparable properties are nearby?
Comparable nearby commercial properties include 420 Peninsula Ave, 420 Peninsula Ave, 1305 S Railroad Ave, 237 Broadway, 777 San Bruno Ave, 1620 San Carlos Ave.
Based on information from the bridgeMLS as of 05-02-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Nov 16, 2023
Verhouse Last checked 3 minutes ago
The closest grocery stores are Safeway 0694, 0.47 miles away and Safeway, 0.59 miles away.
The 94401 zip area has a population of 184,163, and 47% of the families have children. The median age is 39.91 years and 76% commute by car. The most popular housing type is "single detached" and 57% is owner.
