This five-unit apartment building sits on a prime 8,809 sq ft corner lot in one of San Mateo's most sought-after locations. 126 N Ellsworth offers significant value-add potential for investors. 126 N Ellsworth is zoned R4, which supports a variety of potential uses, including high-density multifamily development. Rarely does a large corner lot become available in an A+ location like this. Boasting an impressive 94 Walk Score- this coveted address is just moments from vibrant Downtown San Mateo, charming shops, acclaimed restaurants, craft coffee spots, and in the heart of the Peninsulas leading AI, high-tech, and biotech companies. Just one block from Caltrain, it offers exceptional commuter convenience and strong rental demand.
A premier opportunity for developers to create a high-end buildout in a location that exemplifies both lifestyle and accessibility.
Listed by Scott Philip
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License #01353710
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Bay Area Estates
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650-771-8821
Last updated July 25, 2025
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Source: MLSListings #ML82003413
Listing Facts
TypeMulti-family
NeighborhoodDowntown San Mateo
Days on Prevu142
Size3,663 sqft
Price per sqft$818
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
07/20/2025
Price Decreased
$2,998,000
04/21/2025
Listed by Bay Area Estates
$3,300,000
Property Details for N Ellsworth
Association
General
Number Of Units In Community: 5
Exterior
Construction
Roof: Composition
Year Built: 1918
Measurements
Building Area Total: 3,663
Lot Features: Grade - Level
Lot Size Acres: 0.20
Lot Size Area: 8,809
Lot Size Square Feet: 8,809
Financial
Taxes
Parcel Number: 032-302-010
Interior
Measurements
Living Area: 3,663
Parking
Parking
Carport: Yes
Garage Spaces: 2
Garage: Yes
Parking Features: Attached Garage, Common Parking Area
Parking Total: 8
Schools
Elementary School
Elementary School District: San Mateo-Foster City Elementary
High School
High School District: San Mateo Union High
Utilities
Equipment
Cooling: Other, Window/Wall Unit
Heating: Fireplace, Gas, Other, Radiant
Sewer: Public Sewer
Utilities: Water - Public
Water Source: Public
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