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1401-1403 Cary Avenue, San Mateo CA 94401
1401-1403 Cary Avenue, San Mateo CA 94401
1401-1403 Cary Avenue, San Mateo CA 94401
1401-1403 Cary Avenue, San Mateo CA 94401
1401-1403 Cary Avenue, San Mateo CA 94401
1401-1403 Cary Avenue, San Mateo CA 94401
1401-1403 Cary Avenue, San Mateo CA 94401
1401-1403 Cary Avenue, San Mateo CA 94401
1401-1403 Cary Avenue, San Mateo CA 94401
1401-1403 Cary Avenue, San Mateo CA 94401
California>San Mateo>South Shoreview

1401-1403 Cary AvenueSan Mateo, CA 94401

For Sale

$1,675,000

Smart Buyer Rebate $16,750

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.

Listed by Sam Runco

·

License #01977683

·

Marcus & Millichap

·

650-759-3414

Listed by Philip Batlin

·

License #01873218

·

Marcus & Millichap

Last updated December 12, 2025

·

Source: MLSListings #ML81993977

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Shoreview
  • Days on Prevu306
  • Taxes$22,103/year
  • Size2,324 sqft
  • Price per sqft$721

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

11/11/2025
Status changed to Active
$1,675,000
11/11/2025
Price Decreased
$1,675,000
11/06/2025
Status changed to Expired
$1,698,000
11/05/2025
Status changed to Active
$1,698,000
11/05/2025
Status changed to Removed from Feed
$1,698,000
10/31/2025
Status changed to Active
$1,698,000
10/23/2025
Status changed to Removed from Feed
$1,698,000
08/11/2025
Status changed to Active
$1,698,000
08/11/2025
Price Decreased
$1,698,000
08/06/2025
Status changed to Expired
$1,750,000
05/28/2025
Price Decreased
$1,750,000
05/09/2025
Status changed to Active
$1,795,000
05/07/2025
Status changed to Removed from Feed
$1,795,000
04/23/2025
Price Decreased
$1,795,000
03/25/2025
Price Decreased
$1,830,000
02/13/2025
Listed by Marcus & Millichap
$1,850,000

Property Details for 1401-1403 Cary Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Tar/Gravel
  • Stories: 1
  • Year Built: 1950
  • Year Built Details: 2

Measurements

  • Building Area Total: 2,324
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,500
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,500
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.04
  • Gross Income: $93,600.00
  • Operating Expense Includes: Gardener, Insurance

Taxes

  • Parcel Number: 033-264-050
  • Tax Annual Amount: $22,103.00

Interior

Features

  • Interior Features: High Ceiling

Measurements

  • Living Area: 2,324

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached Garage
  • Parking Total: 1

Schools

Elementary School

  • Elementary School District: San Mateo-Foster City Elementary

High School

  • High School District: San Mateo Union High

Utilities

Equipment

  • Heating: Gas, Wall Furnace
  • Sewer: Other
  • Utilities: Public Utilities, Individual Electric Meters, Individual Gas Meters

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1401-1403 Cary Avenue.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 1401-1403 Cary Avenue.

What are the annual taxes for 1401-1403 Cary Avenue?

Annual taxes for this multi-family home are estimated at $22,103.

How does 1401-1403 Cary Avenue compare to other multi-family homes in South Shoreview?

This multi-family home is listed 46% below the average price for multi-family homes in South Shoreview and has been on the market for 288 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,324 sqft.

1401-1403 Cary Avenue is a -bedroom multi-family home for sale in San Mateo CA 94401. On Prevu for 306 days at $1,675,000. This includes a recent price decrease of $23,000. This home features 2,324 square feet of living space, located in San Mateo. The median listing price for multi-family homes in this area is $1,850,000. Property amenities include pets allowed and parking. View other multi-family home listings in San Mateo.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.