237 Elm St, San Mateo, CA 94401
Property image
Property image
OFF MARKET

$9,460,000

Last sold price
  • Studio
  • 25,937 sqft (on 0.38 acres)

237 Elm St, San Mateo, CA 94401

San Mateo Heights
Currently Off Market - Sold Nov 30, 2021 for $9,460,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
Multi-Family Home
$2,075,000
02/20/26
3
4
2,993
0.18
Multi-Family Home
$1,618,700
05/04/26
6
3
2,490
0.75
Multi-Family Home
$4,535,000
12/12/25
3
3
6,369
0.45
Multi-Family Home
$2,350,000
07/28/26
8
6
5,538
0.32
Multi-Family Home
$2,000,000
09/30/25
4
4
3,290
0.24
Multi-Family Home
$1,460,000
01/15/26
2
2
2,623
0.40
Multi-Family Home
$1,850,000
12/12/25
2
4
2,410
0.40
Multi-Family Home
$1,825,000
06/26/26
6
4
4,165
0.30
Multi-Family Home
$670,000
02/03/26
3
3
1,620
0.40
Multi-Family Home
$1,425,000
12/02/25
4
3
1,852

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$860,000
2
2
1,060
Recently Sold
0.02
$475,000
1
1
740
Recently Sold
0.02
$580,700
1
1
740
Off Market
0.03
$839,000
2
2
1,240
For Sale
0.03
$966,000
2
2
1,243
Off Market
0.06
$2,817,100
5
2.5
2,720
Off Market
0.04
$726,000
2
1
1,281
Off Market
0.08
$2,317,700
4
5
2,560
Off Market
0.10
$1,038,900
2
2
1,446
Off Market
0.10
$1,125,000
3
2
1,993
Recently Sold
0.10
$870,500
2
2
1,446
Off Market
0.10
$1,188,000
2
2
1,676
For Sale

Local Information

  • Map ViewExplore the area around 237 Elm St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1960
0.38 acre lot
25,937 sqft
Garage

About this House

237 Elm in San Mateo represents an exclusive opportunity to purchase one of the Peninsula's premier properties that has rarely changed hands (currently the third owner in 61 years). Custom built in 1960 by a contractor whose family members lived in the building for over 37 years, 237 Elm is a trophy property that has been maintained and upgraded to the highest standards. The oversized units emanate pride of ownership and create a luxury atmosphere that is not easily replicated. Zero deferred maintenance. New roof in 2016. Excellent unit mix - Six 2BR/2BA, two 2BR/1.5BA, seven 1BR/1BA, one studio. Condo quality units. Perfectly situated between Downtown San Mateo and Downtown Burlingame, 237 Elm will continue to remain a highly desirable destination for high income, high credit tenants.
237 Elm St, San Mateo, CA 94401 is a studio, 25,937 sqft multi-family in San Mateo Heights, built in 1960. It last sold for $9,460,000 on Nov 30, 2021. More recently, it was listed as a rental in April 2021 with an asking price of $2,995 per month. That rental listing was removed on May 15, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $4,543/month.

Home Details for 237 Elm St

Interior Features

Heating & Cooling
Heating: ElectricHeating Fuel: Electric
Interior Details
Number of Rooms: 57
Appliances & Utilities
DishwasherDisposalWasher
Levels, Entrance, & Accessibility
ElevatorFloors: Hardwood

Exterior Features

Exterior Home Features
Roof: Composition
Pool
Pool
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 16

Lot Information

Lot Area: 0.38 acres

Price and Tax history

DateEventPrice
Nov 30, 2021
Source: MLSListings Inc #ML81866972
Sold
$9,460,000
Oct 26, 2021
Source: MLSListings Inc #ML81866972
Contingent
$9,500,000
Oct 15, 2021
Source: MLSListings Inc #ML81866972
Listed For Sale
$9,500,000
May 15, 2021
Source: Zillow Rental Manager
ListingRemoved
May 12, 2021
Source: Zillow Rental Manager
PriceChange
$2,795
Price decreased by 3%

Market trends in San Mateo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.81M
$8.33K
MoM
Sale-to-List Price
106.6%
0.4%
MoM
Price per sq ft
$1.18K
$12
MoM
Available listings
146
34
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about San Mateo Heights

At least 42 Trulia users voted on each feature.
  • 94 % Say there are sidewalks

  • 88 % Say it's walkable to grocery stores

  • 84 % Say it's walkable to restaurants

  • 81 % Say it's dog friendly

  • 68 % Say people would walk alone at night

  • 62 % Say parking is easy

  • 61 % Say streets are well-lit

  • 58 % Say car is needed

  • 55 % Say it's quiet

  • 48 % Say there's holiday spirit

  • 47 % Say they plan to stay for at least 5 years

  • 45 % Say kids play outside

  • 43 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 41 % Say yards are well-kept

  • 11 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Very friendly and kind neighbors that offer to watch our dog or just stop and have a chat. All in all nice and safe "
  • Ff6790
    "101 is busy in the mornings, takes about an hour to get to San Jose. Very nice area and lots of beautiful nature near by."
  • Shirley K.
    "As a former tenant in a single family home, I loved the area. Friendly, quiet, convenient."

LGBTQ Local Legal Protections

Frequently asked questions about 237 Elm St

  • What is the price history for 237 Elm St?
    237 Elm St in San Mateo, CA last sold for $9,460,000 in November 2021.
  • Is San Mateo a buyer's or seller's market?
    San Mateo is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in San Mateo?
    The median sale price in San Mateo is $1.81M. That is down $8.33K from the prior month.
  • What do residents say about the San Mateo Heights neighborhood?
    Residents describe the San Mateo Heights neighborhood in San Mateo, CA as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See recently sold homes in San Mateo Heights, San Mateo.
  • Does 237 Elm St have a pool?
    Yes, 237 Elm St in San Mateo, CA has a pool.

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