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444 Villa TerraceSan Mateo, CA 94401

For Sale

$2,495,000

Smart Buyer Rebate $24,950

Beautifully maintained 4 unit building in a prime San Mateo location near top rated schools. Excellent Investment Opportunity, long-term tenants with a low vacancy rate. Each 2BR 1BA unit offers private outdoor space, with decks for the upper units and yards for the lower units. Unit 2 includes a carport plus an uncovered space and could serve as an ideal owners unit with its private backyard. Unit 3 features remodeled kitchen with quartz counters, new cabinets, fixtures, and appliances, and modern bath with new tile, vanity, and flooring. Recent upgrades include roof work, deck waterproofing, exterior paint, new doors, and rebuilt carport. Large 7500 sf lot offers room for expansion and possible additional unit over carports. Walk to downtown Burlingame and San Mateo.

Listed by Alex Hawkins

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License #02134868

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Cronan Real Estate Services, Inc.

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408-348-5013

Last updated December 08, 2025

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Source: MLSListings #ML82026563

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown San Mateo
  • Days on Prevu43
  • Taxes$9,168/year
  • Size3,607 sqft
  • Price per sqft$692

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

11/03/2025
Listed by Cronan Real Estate Services, Inc.
$2,495,000

Property Details for 444 Villa Terrace

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Flat, Foam, Tar/Gravel
  • Stories: 2
  • Year Built: 1961
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,607
  • Lot Features: Grade - Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,500
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,500
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.36
  • Gross Income: $130,242.00
  • Operating Expense Includes: Equipment Rental, Gardener, Insurance, Trash, Water/Sewer

Taxes

  • Parcel Number: 032-165-060
  • Tax Annual Amount: $9,168.00

Interior

Features

  • Appliances: Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Oven Range - Electric, Refrigerator
  • Flooring: Carpet, Laminate, Tile, Vinyl/Linoleum

Measurements

  • Living Area: 3,607

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Assigned Spaces, Carport, Electric Car Hookup
  • 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: Central Forced Air
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 444 Villa Terrace.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 444 Villa Terrace.

What are the annual taxes for 444 Villa Terrace?

Annual taxes for this multi-family home are estimated at $9,168.

How does 444 Villa Terrace compare to other multi-family homes in Downtown San Mateo?

This multi-family home is listed 16% above the average price for multi-family homes in Downtown San Mateo and has been on the market for 235 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 3,607 sqft.

444 Villa Terrace is a -bedroom multi-family home for sale in San Mateo CA 94401. Available on Prevu for 43 days at $2,495,000. This residence features 3,607 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. Browse more 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.