San Mateo, CA 94403,3223 Glendora Dr
San Mateo, CA 94403,3223 Glendora Dr
San Mateo, CA 94403,3223 Glendora Dr
San Mateo, CA 94403,3223 Glendora Dr
San Mateo, CA 94403,3223 Glendora Dr
San Mateo, CA 94403,3223 Glendora Dr
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Nick Resendez

Nick Resendez

+1(714) 271-2565
$ 4,700,000
Est. payment | /mo

0.27 Acres Lot

Save
$ 4,700,000
Est. payment | /mo
Save

0.27 Acres Lot

Open House

Mon Jan 26, 12:00pm - 1:30pm

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Laurelwood

MLS Listing ID 41121432

HOA Y/N No

Year Built 1964

Lot Size 0.267 Acres

Property Description

3223 Glendora Drive is a well-maintained 9-unit apartment property located in a prime San Mateo neighborhood directly adjacent to the Laurelwood Shopping Center. The asset reflects true pride of ownership and offers a compelling blend of stability, unit size, and rental upside. The unit mix consists of seven spacious one-bedroom/one-bath units and two two-bedroom/one-bath units. The one-bedroom units range approximately 750–800 square feet, while the two-bedroom units are approximately 950 square feet—sizes that are well above typical market averages and highly attractive to long-term tenants. The property is very well maintained and features tuck-under parking with one enclosed garage space currently being leased as storage, providing valuable off street parking in a supply-constrained area. Tenants benefit from a quiet rear courtyard and backyard area, enhancing livability and tenant retention. Current rents are below market, offering approximately 24% upside through rent growth, positioning the property as an ideal opportunity for an investor seeking both immediate cash flow and long-term value appreciation in one of San Mateo's most desirable submarkets.

Location

State CA

County San Mateo

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Total Parking Spaces 10

Building

Water Other

Others

Tax ID 041263290

CRMLS – RECore
Listed by Ken Wu Compass

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Cipriani Elementary School

    Public | KG - 5

  • 9

    San Carlos Charter Learning Center

    Public | KG - 8

  • 9

    Tierra Linda Middle School

    Public | 5 - 8

  • 9

    Fox Elementary School

    Public | KG - 5

  • 9

    Central Elementary School

    Public | KG - 5

  • 9

    West Hillsborough School

    Public | KG - 5

  • 9

    South Hillsborough School

    Public | KG - 5

  • 9

    North Hillsborough School

    Public | KG - 5

  • 9

    College Park Elementary School

    Public | KG - 5

  • 8

    Baywood Elementary School

    Public | KG - 5

  • 7

    Highlands Elementary School

    Public | KG - 5

  • 7

    Bresford Elementary

    Public | KG - 5

  • 7

    North Shoreview Montessori Elementary School

    Public | KG - 8

  • 6

    George Hall Elementary School

    Public | KG - 5

  • 5

    Meadow Heights Elementary School

    Public | KG - 5

  • 5

    Parkside Elementary School

    Public | KG - 5

  • 4

    Laurel Elementary School

    Public | KG - 5

  • 4

    Fiesta Gardens International Elementary School

    Public | KG - 5

  • 4

    San Mateo Park Elementary

    Public | KG - 5

  • 2

    Sunnybrae Elementary School

    Public | KG - 5

Middle Schools 9
  • 10

    Ralston Middle School

    Public | 6 - 8

  • 9

    Crocker Middle School

    Public | 6 - 8

  • 6

    Borel Middle School

    Public | 6 - 8

  • 6

    Bayside STEM (Science, Technology, Engineering, and Math) Academy

    Public | 6 - 8

  • 5

    Abbott Middle School

    Public | 6 - 8

  • 0

    Gateway Center

    Public | 7 - 12

  • 0

    Odyssey School

    Private | 6 - 8

  • 0

    Fusion Academy San Mateo

    Private | 6 - 12

  • 0

    Crystal Springs Uplands School

    Private | 6 - 12

High Schools 8
  • 10

    Aragon High School

    Public | 9 - 12

  • 9

    Carlmont High School

    Public | 9 - 12

  • 8

    Hillsdale High School

    Public | 9 - 12

  • 7

    San Mateo High School

    Public | 9 - 12

  • 0

    Margaret J. Kemp

    Public | 9 - 12

  • 0

    Notre Dame High School

    Private | 9 - 12

  • 0

    Junipero Serra High School

    Private | 9 - 12

  • 0

    Compass High School

    Private | 9 - 12

School and business data provided by Attom Data.
Nick Resendez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 271-2565

nick.resendez@gmail.com

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3223 Glendora Dr