94 E  39th Ave, San Mateo, CA 94403
SOLD
NOV 21, 2025

94 E 39th Ave
San Mateo, CA 94403

San Mateo Village
  • 4 Beds
  • 4 Baths
  • 2,520 sqft

$1,760,000

Last Sold: Nov 21, 2025
4% below list $1.83M
$698/sqft
Est. Refi. Payment $10,627/mo*

$1,760,000

Last Sold: Nov 21, 2025
4% below list $1.83M
$698/sqft
Est. Refi. Payment $10,627/mo*
4 Beds
4 Baths
2,520 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

94 East 39th Avenue is beautifully updated four (4) unit multifamily asset in a prime San Mateo location, ideal for investors or owner-users. Located in the quiet San Mateo Village neighborhood just five (5) blocks from Hillsdale Shopping Center, the property features four spacious 1-Bedroom/1-Bath units (~630 sqft), all tastefully renovated with quartz countertops, updated appliances, modern flooring, and upgraded electrical. His-and-hers closets and individual water heaters add comfort, ample hot water and convenience for the tenants. --- Situated on a 6,101 square foot lot, the building includes four (4) covered carport, a bonus side yard with potential for added parking or storage, and an on-site laundry room with owned washer/dryer machines for additional income. --- Tenants enjoy proximity to Hillsdale Mall, Trader Joes, Whole Foods, and multiple public parks. The property provides easy access and is a short walk to El Camino Real, Hwy 92, Hwy 101, and Caltrain. Current annual income exceeds $113,300/year with an in place 4.00% cap rate and 16.13 GRM. A strong rental location with upside potential in a desirable mid-Peninsula submarket.
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. This description is from January 30, 2026

Home Highlights

Parking
4 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$698/sqft
Listed
180+ days ago

Home Details for 94 E 39th Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2520 Square Feet
Appliances & Utilities
Utilities: Water Public, Individual Electric Meters, Individual Gas MetersAppliances: Gas Cooktop, Gas Oven/Range, RefrigeratorLaundry: Coin OperatedRefrigerator
Heating & Cooling
Heating: Wall FurnaceAir Conditioning: Ceiling Fan(s)Heating Fuel: Wall Furnace
Gas & Electric
Gas: IndividualGasMeters
Windows, Doors, Floors & Walls
Door: NoneFlooring: Carpet, Laminate, Vinyl Linoleum
Levels, Entrance, & Accessibility
Stories: 2Accessibility: NoneFloors: Carpet, Laminate, Vinyl Linoleum

Exterior Features

Exterior Home Features
Roof: Composition Fiberglass ShingleFoundation: Concrete Perimeter and Slab
Parking & Garage
Number of Carport Spaces: 4Number of Covered Spaces: 4Has a CarportNo GarageParking Spaces: 4Parking: Assigned,Carport
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Residential Income
Property Information
Included in Sale: OvenRangeAllUnitsParcel Number: 040072010

Price & Status

Price
List Price: $1,828,000Price Per Sqft: $698/sqft

Active Status

MLS Status: Sold

Location

Direction & Address
City: SanMateo
School Information
Elementary School: BeresfordElementaryElementary School District: SanMateoFosterCityElementaryJr High / Middle School: AbbottMiddleHigh School: HillsdaleHighHigh School District: SanMateoUnionHighWalk Score: 83

Building

Building Area
Building Area: 2520

Lot Information

Lot Area: 6101 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveAgencyListing Terms: CashorConventionalLoan

Rental Terms, Policies & Fees

Lease Term: Month To Month

Miscellaneous

Mls Number: ML82017012
Last check for updates: about 6 hours ago
Listed by Nate Gustavson 01898316, (415) 786-9410
Compass, (415) 874-5000
Eric Peterson 02214121, (408) 835-9697
Compass, (415) 660-9955
Bought with: Haifa Khoury 00799472, (650) 799-2204, Sotheby's Intl Rlty, (415) 772-9080
Source: MLSListings Inc, MLS#ML82017012

Price History for 94 E 39th Ave

DatePriceEventSource
11/21/2025$1,760,000Sold
MLSListings Inc #ML82017012
11/07/2025$1,828,000PendingMLSListings Inc #ML82017012
11/03/2025$1,828,000ContingentMLSListings Inc #ML82017012
10/07/2025$1,828,000PriceChange
MLSListings Inc #ML82017012
08/05/2025$2,048,000Listed For SaleMLSListings Inc #ML82017012
04/29/2016$457,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$12,612
Assessment$637,918
Home facts updated by county records

Comparable Sales for 94 E 39th Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Multi-Family Home
$1,755,000
03/20/26
5
2
2,962
0.37
Multi-Family Home
$1,560,000
08/22/25
4
2
2,350
0.41
Multi-Family Home
$2,070,000
05/18/26
5
3
2,373
0.40
Multi-Family Home
$1,698,000
08/08/25
4
2
2,167
0.40
Multi-Family Home
$1,520,000
01/09/26
3
2
2,470
0.53
Multi-Family Home
$2,438,000
06/03/25
6
4
3,600
0.10
Multi-Family Home
$2,400,000
11/17/25
8
8
5,750
0.89
Multi-Family Home
$1,650,000
10/03/25
5
3
1,900
0.86
Multi-Family Home
$2,060,000
12/30/25
7
6
4,428

Assigned Schools

These are the assigned schools for 94 E 39th Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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

Sourced by Trulia users. Learn more about our methodology.
  • Paul
    "We’ve lived here since May 2020 and love it here. Very kid and dog friendly neighborhood. Lots of young families here or people who’ve been here generations. It has a middle class feel to it, in all the right ways."
  • Trulia User
    "This is a very dog friendly neighborhood and people are friendly too. Many people walking late at night, very safe place to walk."
  • Unspecified
    "Very safe neighborhood! Also close enough to downtown, shopping and restaurants that you can walk to some and 2 min drive to others. Feels like a strong community."
  • Unspecified
    "People go all out decorating for holidays, it’s fun and safe to walk around and see all the decorations"
  • Unspecified
    "I work in downtown San Mateo and live in the village. Easy commute, 5-10min tops with traffic. Awesome food options all over San Mateo close to the village neighborhood"
  • Akubovcik
    "I've lived here for 23 years. Hilldale shopping center is within walking distance, so is Caltrain, Bay Meadows shopping districe. Very nice neighbors."

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Apartments for Rent

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Homes for sale near 94 E 39th Ave

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Based on information from the MLSListings MLS as of 2026-05-19 05:14:22 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes for rent near 94 E 39th Ave

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Off Market Homes Near 94 E 39th Ave

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Explore by feature

94 E 39th Ave, San Mateo, CA 94403 is a 4 bedroom, 4 bathroom, 2,520 sqft multi-family built in 1954. 94 E 39th Ave is located in San Mateo Village, San Mateo. This property is not currently available for sale. 94 E 39th Ave was last sold on Nov 21, 2025 for $1,760,000 (4% lower than the asking price of $1,828,000). The current Trulia Estimate for 94 E 39th Ave is $1,779,700.