LKV Realty
Logo
$3,850,000
$7,200Reward *
16 W Bellevue Avenue, San Mateo, CA 94402Listing ID ML82055296

16 W Bellevue Avenue, San Mateo, CA 94402

Active
Time on site: 24 daysLast updated: Aug 6, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Square Feet
Square Feet
3,856
Acres
Acres
0.15
Days on Site
Days on Site
23
Cooling
Cooling
None
Heating
Heating
Wall Furnace
Year Built
Year Built
1947
Garages
Garages
4

TRUE TROPHY FOURPLEX BORDERING HILLSBOROUGH!! The Hillsborough Apartments is an incredible opportunity to acquire a true pride of ownership property in one of the most sought after locations on the peninsula. With outstanding in-place rents, this trophy asset is a true turnkey apartment building perfect for investors, owner-occupiers, and generational family purchasers alike. Strategically positioned west of the El Camino Real, bordering the prestigious Hillsborough neighborhood, this property is a MUST SEE! Attractive Unit Mix: All four units are 2-bed, 1-bath, approximately 1,000 sf each. The property benefits from numerous recent upgrades and capital improvements. All 4 units updated with granite counters and subway tile wainscoting, crown molding, arched walkways, custom cherry cabinets, Restoration Hardware fixtures, Baldwin door knobs & deadbolts, and Leviton dimmer lights and electric plugs. New roof in 2021, new water heaters, new sewer lateral in 2019 & new sewer line and cleanout. New plumbing valves. Double-Paned windows throughout with custom plantation shutters. Energy Efficient Washer/ Dryer in each unit. Add an ADU by converting the garage parking into an additional unit or two to increase value and cash​​‌​​​​‌​​‌‌​​‌​​​‌‌​​‌​​‌​​​​​‌​​‌‌​‌‌​ flow!

Property Information

Property Details

Location

Address
16 W Bellevue Avenue
County
San Mateo
City
San Mateo
Zip Code
94402
School District
Other
MLS Area
699 - Not Defined

Interior Features

Heating and Cooling

Cooling
None
Heating
Wall Furnace

Building

Building Information

Square Feet
3,856
Year Built
1947
Foundation
Concrete Perimeter
Roof
Composition, Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$49,275
Bryan DanforthCompass, (650) 941-1111

Market Report for 94402

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

ML5100317 • ML5100314