The other answers give you some choices. However, there is an article that explains a 1031 "Starker Exchange". If you do not need the funds from this property and have some time, you could rent the property for two tax periods and then use the funds, tax deferred, to purchase perhaps commercial real estate, i.e. an appartment building, etc. This way you retain 15% to 38% of the the sale funds giving you more funds, to reinvest in other property. Please call me for an article by 37th Parallel that explains the possiblilies. This saves more of your funds for investment and helps you build a retirement income as well as deferring taxes. If you keep the investement properties and leave then in your estate, your hiers, with current tax law, may not have to pay taxes on that deferred income. Of course, always check with your tax advisor when considering any sale and investment tax consequences.
If you need to sell, this is a great time to sell, the inventory is low in San Mateo County and interest rates are at an all time low. Over 35% of Home sales in our area are also being made with all cash from buyers in every price range and every home condition. Rentals are in demand as those who lost thier homes are now renters and new families are forming bringing new renters to the market place. So, as a seller, or landlord, you are in the "driver's seat".
I would be happy to help you which ever way you chose to go.