133 N Delaware Street, San Mateo, California 94401, San Mateo, - bed, bath
ACTIVE$1,600,000
133 N Delaware Street, San Mateo, California 94401
0Bed
0Bath
2,042Sqft
5,750Lot
Year Built
1952
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82017679
Home ConditionPoor
Features
View-
About this home
Marketing Package and additional information available upon request. 127 & 133 N Delaware Street consists of two adjoining duplexes that are available for purchase separately or together.
Nearby schools
4/10
San Mateo Park Elementary School
Public,•K-5•1.0mi
2/10
Horrall Elementary School
Public,•K-5•1.2mi
6/10
Baywood Elementary School
Public,•K-5•1.3mi
5/10
Meadow Heights Elementary School
Public,•K-5•2.3mi
5/10
Beresford Elementary School
Public,•K-5•2.4mi
4/10
Laurel Elementary School
Public,•K-5•3.0mi
6/10
Borel Middle School
Public,•6-8•1.5mi
7/10
Bayside S.T.E.M. Academy
Public,•6-8•1.7mi
4/10
Abbott Middle School
Public,•6-8•3.0mi
7/10
San Mateo High School
Public,•9-12•0.5mi
Price History
Date
Event
Price
08/11/25
Listing
$1,600,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,042 | 3,361 | 50% |
| Lot Size | 5,750 | 6,775 | 50% |
| Price | $1.6M | $2.36M | 50% |
| Price per square foot | $784 | $725 | 50% |
| Built year | 1952 | 9620976 | 100% |
| HOA | |||
| Days on market | 86 | 96 | 50% |
Condition Rating
Poor
The property was built in 1952, making it 72 years old. The listing provides no information or images of any recent renovations or updates to the interior, including the kitchen and bathrooms. The absence of interior photos strongly suggests that these areas are severely outdated and likely in poor condition, requiring substantial repairs and rehabilitation. Major systems (electrical, plumbing, HVAC) are also likely original or very old, necessitating significant investment to meet modern standards for safety, comfort, and functionality. While listed as 'Residential Income,' this does not preclude it from being in a state that requires extensive work.
Pros & Cons
Pros
Income-Generating Asset: Clearly defined as a 'Residential Income' property and 'Duplex,' offering immediate rental income potential for investors or an owner-occupant.
Prime San Mateo Location: Situated in San Mateo, a highly desirable Bay Area city known for strong real estate appreciation, high rental demand, and excellent amenities.
Investment Flexibility: The option to purchase 'separately or together' with the adjoining duplex (127 N Delaware Street) presents a unique opportunity for portfolio expansion or larger-scale development.
Desirable Property Type: Duplexes are consistently sought after for their ability to provide multiple income streams or a combination of owner-occupancy and rental income.
Generous Lot Size: A 5750 sqft lot provides ample outdoor space and potential for future expansion or landscaping improvements, which is valuable in an urban setting.
Cons
Age of Construction: Built in 1952, the property is over 70 years old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and requiring significant capital expenditure for modernization or deferred maintenance.
Limited Property Information: The brief description and lack of detailed interior photos or specific unit configurations (e.g., bedrooms/baths per unit, current rents) necessitate further inquiry, which can deter some buyers.
Ambiguous On-Market Date: The listed 'on_market_date' of 2025-08-11 is in the future, creating confusion about the property's current availability status and potentially indicating a data error or pre-listing phase.