6 Avila Road, San Mateo, California 94402, San Mateo, - bed, bath

home-pic
ACTIVE$2,098,000
6 Avila Road, San Mateo, California 94402
0Bed
0Bath
3,724Sqft
5,696Lot
Year Built
1937
Close
-
List price
$2.1M
Original List price
$2.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82015833
Home ConditionFair
Features
Deck
View-

About this home

Marketing Package Available Upon Request -- Turn-Key with Significant Income Upside! This 3 unit building is exceptionally well located in the beautiful Aragon neighborhood of San Mateo. Each unit has a remodeled kitchen, a living room and formal dining room. The lower unit (Unit 1) is 2 bedrooms with exposed hardwood floors and remodeled bathroom. This was the owner's unit until last year. The upper units have wall to wall carpeting. Unit 2 has a remodeled bathroom and Unit 3 has an original bathroom. There is a side yard with mature landscaping and artificial turf and deck area and a backyard space for relaxing and bar-b-cuing. The tenants share a washer and dryer on the main level and a washer on the upper level and they have interior access to the 3 car attached garage. Each tenant has their own space and they can also park in their driveways.

Price History

Date
Event
Price
09/12/25
Price Change
$2,098,000-8.7%
07/24/25
Listing
$2,298,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (3 Listings)
Beds00
Baths00
Square foot3,7243,008
50%
Lot Size5,6965,523
50%
Price$2.1M$1.79M
75%
Price per square foot$563$602
50%
Built year19379715977
25%
HOA
Days on market105120
50%
Condition Rating
Fair

The property, built in 1937, is aged but appears well-maintained on the exterior. While the listing states all kitchens are 'remodeled' and two of the three bathrooms are 'remodeled,' the absence of interior images prevents a full assessment of the quality, style, and recency of these updates. Crucially, Unit 3 still features an 'original bathroom,' indicating a significant outdated component that would require renovation. This mixed condition, with some updated areas and one clearly original, along with the property's age, places it in the 'Fair' category, suggesting it is functional but requires minor updates or repairs to achieve a consistent modern standard across all units.
Pros & Cons

Pros

Income-Generating Triplex: This property is a turn-key triplex offering significant income upside, making it an attractive investment opportunity for residential income.
Prime Location: Exceptionally well located in the desirable Aragon neighborhood of San Mateo, known for its appeal and strong market.
Updated Interiors: Each unit features a remodeled kitchen, and two of the three units also boast remodeled bathrooms, enhancing tenant appeal and reducing immediate renovation needs.
Dedicated Parking & Garage: The property includes a 3-car attached garage with interior access and individual driveway parking, providing ample and convenient parking for tenants.
Outdoor Amenities: Features a side yard with mature landscaping, artificial turf, a deck area, and a backyard space, offering valuable outdoor living and recreational areas for tenants.

Cons

Property Age: Built in 1937, the property is older, which may lead to potential maintenance issues or require updates to systems not mentioned in the description.
Inconsistent Unit Condition: While many areas are updated, Unit 3 retains an original bathroom, and upper units have wall-to-wall carpeting, indicating some inconsistency in modernization across units.
Listing Price vs. Estimated Value: The current listing price is approximately 16% higher than the estimated property value, suggesting it may be priced above current market estimations.

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