40 E 40th Ave
San Mateo, CA 94403
San Mateo Village- 6 Beds
- 6 Baths
- 5,575 sqft
6 Beds
6 Baths
5,575 sqft
Local Information
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Description
Great investment and 1031 exchange opportunity. Priced to sell. Higher than typical cap rate. Expenses are stabilized and reflect the market. Upside potential on rents (2 units are currently vacant. Laundry is also used by tenants at 36 E. 40th Ave. Laundry lease with Webcor. Great San Mateo Village location.<br/><br/>Brokered And Advertised By: Prudential California Realty<br/>Listing Agent: Bruce Schlesinger
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 40 E 40th Ave
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Levels, Entrance, & Accessibility Stories: 2 |
Interior Details Number of Rooms: 18 |
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Year Built Year Built: 1956 |
Property Type / Style Property Type: Apartment |
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Parking & Garage GarageParking: Carport, Garage Attached |
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Units in Building: 6 |
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Lot Area: 6098 sqft |
Price History for 40 E 40th Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/15/2010 | $917,000 | Sold | N/A |
| 12/11/2009 | $1,100,000 | ListingRemoved | Agent Provided |
| 09/18/2009 | $1,100,000 | PriceChange | Agent Provided |
| 06/13/2009 | $1,300,000 | Listed For Sale | Agent Provided |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $21,647 |
| Assessment | $1,183,669 |
Home facts updated by county records
Comparable Sales for 40 E 40th Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.54 | Apartment | $2,060,000 | 12/30/25 | 7 | 6 | 4,428 | |
1.30 | Apartment | $4,750,000 | 12/08/25 | 13 | 10 | 10,043 | |
1.10 | Apartment | $3,600,000 | 12/30/25 | 1 | 1 | 9,233 | |
0.26 | Apartment | $1,560,000 | 08/22/25 | 2 | 1 | 1,100 | |
0.44 | Apartment | $5,600,000 | 06/06/25 | 1 | 1 | 700 | |
1.64 | Apartment | $6,750,000 | 10/06/25 | 28 | 15 | 19,375 | |
1.79 | Apartment | $7,465,000 | 11/07/25 | 2 | 2 | 22,850 | |
1.63 | Apartment | $20,237,500 | 03/25/26 | 2 | 2 | 1,101 | |
3.25 | Apartment | $2,080,000 | 03/30/26 | 6 | 6 | 3,663 | |
1.96 | Apartment | $4,520,000 | 03/30/26 | 1 | 1 | 850 |
Home facts updated by county records
Assigned Schools
These are the assigned schools for 40 E 40th Ave.
What Locals Say about San Mateo Village
At least 18 Trulia users voted on each feature.
91 % Say there are sidewalks
88 % Say there's holiday spirit
85 % Say parking is easy
83 % Say kids play outside
83 % Say it's dog friendly
79 % Say people would walk alone at night
77 % Say streets are well-lit
72 % Say it's walkable to restaurants
68 % Say yards are well-kept
68 % Say it's quiet
67 % Say car is needed
65 % Say they plan to stay for at least 5 years
56 % Say it's walkable to grocery stores
51 % Say neighbors are friendly
43 % Say there's wildlife
39 % Say there are community events
Learn more about our methodology.
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40 E 40th Ave, San Mateo, CA 94403 is a 6 bedroom, 6 bathroom, 5,575 sqft apartment built in 1956. 40 E 40th Ave is located in San Mateo Village, San Mateo. This property is not currently available for sale. 40 E 40th Ave was last sold on Apr 15, 2010 for $917,000.