3120 Los Prados Street

3120 Los Prados Street


San Mateo, CA 94403

$2,338,000 Marketing Sheet

San Mateo is home to a fascinating collection of historic buildings, urban parks and lively entertainment areas for locals and visitors of all ages. In addition, San Mateo is among the most affluent and prosperous counties in the nation with the median home price exceeding $1,475,000. Attractions include the Coyote Point Recreation Area, the Greek-Style Pulgas Water Temple, and the kid-focused science museum and zoo known as the CuriOdyssey.

San Mateo has one of the larger, well developed, more prominent suburban downtowns in the San Francisco Bay Area. The recently redesigned Hillsdale Shopping Center, which is home to over 100 stores restaurants and major retailers such as Apple, Cineapolis, Nordstrom, Macy’s, Gap, and Old Navy is just minutes away. The economy of San Mateo is very diverse with jobs in the technology, health care, financial services, government, and retail trade being among the most numerous. Companies based in San Mateo include SolarCity, Sony, NetSuite, Fisher Investments, Solstice, Guidewire Software, Coupa, Snowflake Inc., Roblox, SurveyMonkey, and GoPro.

San Mateo is near the center of the San Francisco Bay Area about halfway between San Francisco and San Jose, the region’s two largest cities. It is served by three major freeways including U.S. Route 101, Interstate 280, and State Route 92. State Route 92 east of San Mateo traverses the San Francisco Bay as the San Mateo-Hayward Bridge to the city of Hayward on its eastern shore.

Cap Rate: 2.74% NOI: $64,001 Livable Sq. Ft: 3,642

Built in 1964 3 units Lot Sq. Ft: 8,170

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