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N EllsworthSan Mateo, CA 94401

For Sale

$2,998,000

Smart Buyer Rebate $29,980

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

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.