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320 Villa Terrace, San Mateo CA 94401
320 Villa Terrace, San Mateo CA 94401
320 Villa Terrace, San Mateo CA 94401
320 Villa Terrace, San Mateo CA 94401
320 Villa Terrace, San Mateo CA 94401
320 Villa Terrace, San Mateo CA 94401
320 Villa Terrace, San Mateo CA 94401
320 Villa Terrace, San Mateo CA 94401
320 Villa Terrace, San Mateo CA 94401
320 Villa Terrace, San Mateo CA 94401
California>San Mateo>Downtown San Mateo

320 Villa TerraceSan Mateo, CA 94401

For Sale

$1,998,888

Smart Buyer Rebate $19,989

Welcome to 320 Villa Terrace, a rare opportunity to own a historic 1907 triplex with a bonus studio in the heart of San Mateo. This beautifully maintained property offers 3,880 sqft of living space on a 7,500 sqft lot. It includes two 1BD/1BA units, one 2BD/1BA unit, and a non-conforming basement studio ideal for added rental income or flexible use. Unit #1 features a bright living room, two spacious bedrooms with hardwood floors, and updated kitchen & bathroom. Unit #2 offers a sunny living room with fireplace, updated kitchen & bath, and newer appliances. Unit #3 includes a cozy bedroom, large eat-in kitchen, and bonus office/living space. Each unit comes with its own attached one-car garage. The property also features a shared laundry area, ample storage, and a full basement. The expansive backyard offers potential for an ADU - buyers to verify with the City of San Mateo. Conveniently located between Burlingame and Downtown San Mateo, it's minutes to shopping, dining, the Japanese Tea Garden, Coyote Point, and San Mateo Arboretum. A perfect blend of historic charm, central location, and rental upside. 320 Villa Terrace is a true San Mateo gem!

Listed by OWN Real Estate

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License #70010079

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KW Advisors

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650-888-0153

Listed by Hessam Shirmohammadi

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License #02091606

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KW Advisors

Last updated November 30, 2025

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Source: MLSListings #ML82008039

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown San Mateo
  • Days on Prevu208
  • Taxes$30,030/year
  • Size3,880 sqft
  • Price per sqft$515

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

10/31/2025
Status changed to Active
$1,998,888
10/25/2025
Status changed to Removed from Feed
$1,998,888
10/24/2025
Status changed to Active
$1,998,888
10/24/2025
Status changed to Removed from Feed
$1,998,888
10/23/2025
Status changed to Active
$1,998,888
10/23/2025
Price Decreased
$1,998,888
10/23/2025
Status changed to Removed from Feed
$2,188,000
05/22/2025
Listed by KW Advisors
$2,188,000

Property Details for 320 Villa Terrace

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Other
  • Stories: 2
  • Year Built: 1907
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,880
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,563
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,563
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.42
  • Gross Income: $93,376.00
  • Operating Expense Includes: Insurance, Maintenance, Trash, Water/Sewer

Taxes

  • Parcel Number: 032-161-020
  • Tax Annual Amount: $30,030.00

Interior

Features

  • Appliances: Dishwasher, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
  • Flooring: Hardwood, Laminate, Tile

Measurements

  • Living Area: 3,880

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Assigned Spaces, Attached Garage, On Street
  • Parking Total: 6

Schools

Elementary School

  • Elementary School District: San Mateo-Foster City Elementary

High School

  • High School District: San Mateo Union High

Utilities

Equipment

  • Cooling: Other
  • Heating: Central Forced Air
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 320 Villa Terrace.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 320 Villa Terrace.

What are the annual taxes for 320 Villa Terrace?

Annual taxes for this multi-family home are estimated at $30,030.

How does 320 Villa Terrace compare to other multi-family homes in Downtown San Mateo?

This multi-family home is listed 7% below the average price for multi-family homes in Downtown San Mateo and has been on the market for 70 less 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 3,880 sqft.

320 Villa Terrace is a -bedroom multi-family home for sale in San Mateo CA 94401. On Prevu for 208 days at $1,998,888. This includes a recent price decrease of $189,112. This residence features 3,880 square feet of living space, located in Downtown San Mateo. The median listing price for multi-family homes in this area is $399,000. The home offers dishwasher, 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.