USACASan Mateo117 N Delaware St
117 N Delaware St | Image 1
New
117 N Delaware St | Image 2
117 N Delaware St | Image 3

$1,880,000

For Sale

19 hours ago

117 N Delaware St, San Mateo, CA

House

MLS® ML82043896

0 Bed

0 Bath

4165 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 4165 sqft
Garage Yes
Taxes $25,839
Days Active 0
Lot Size 
Approx. Age 1990
Avg. Price Per Sqft $451
MLS® Number ML82043896

Property Address: 117 N Delaware St, San Mateo, CA, 94401-1925

Average square foot calculated using Size range provided by listing agent.

Description

A high-quality Peninsula duplex with stable income, minimal expense drag, and clearly defined long-term upside.117 N. Delaware Street presents a rare opportunity to acquire a well-located duplex in the heart of San Mateo. The property consists of two large units, each configured as 3 bedrooms and 2.5 bathrooms with garage parking offering strong fundamentals for both owner-occupiers and long-term investors. With tenants in place for over 20 years, the asset provides stable in-place income and a clear path for predictable rent growth under California rent control guidelines. The property currently generates $7, 610 per month ($91, 320 annually), with a highly efficient expense. Market rents for comparable units are estimated at approximately $4, 500+ per month, indicating meaningful long-term upside. At market levels, the property would generate approximately $108, 000. Generous layouts, strong rental demand and a desirable unit mix support long-term growth and income optimization. Don't miss this rare opportunity whether as an investment or a property you could occupy!
MLS® NumberML82043896
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1990
Basement
DrivewayCarport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$1,880,000List Price
  • Commute

Commute

Starting Address
Destination Address
117 N Delaware St, San Mateo, CA

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