SOLD 11/14/2023
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Commercial sold for $1,450,000 in 36 days
232 State St San Mateo, CA, 94401
Off the market Other
232 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 232 State Street will continue to remain a highly desirable location. Unit 1 and 2 have in unit washer and dryers. 228 State street also for sale and allows an investor to an assemblage for future development
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Property details
4,403 sqft interior area
Land area
7,500 sqft (0.17 acres)
Address
232 State St, San Mateo, CA, 94401
City of California
San Mateo
County
San Mateo
Year Built
1922
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, Laminate floors
Floor Covering
Hardwood, Laminate
Garage & Parking
Attached
Appliances
Refrigerator
Listed by
Brett Barron, Capital Realty Group
Name
Brett Barron
License number
00893787
Brokerage company
Capital Realty Group
MLS #
ML81944618
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 #032151060
Parcel nr.
032151060
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
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
—
no data
High school
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no data
Local airport
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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
$2.18m
Neighborhood average
sales price*
sales price*
$1.68m
Neighborhood median
sales price*
sales price*
279
Number
of sales*
of sales*
Housing type
52% are single detacheds
More info
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 #ML81944618 |
| Oct 31, 2023 | Under contract | $1,675,000 | 0 | MLS #ML81944618 |
| Oct 10, 2023 | New Listing | $1,675,000 | 0 | MLS #ML81944618 |
Taxes of 232 State St, San Mateo, CA, 94401
R4 zoning / MLS #ML81944618
Zoning
R4
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Frequently Asked Questions about 232 State St
What is 232 State St?
232 State St is a Commercial/Industrial propertywith 4,403 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
232 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, 236 Anita Rd, 235 Broadway, 237 Broadway.
Based on information from the bridgeMLS as of 05-17-2024. 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 2 minutes ago
The closest grocery stores are Safeway 0694, 0.46 miles away and Safeway, 0.6 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.
