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For sale
  • $2,600,000

    109 Hobart Ave, San Mateo, CA 94402

    6beds
    5baths
    3,686sqft
    : 
    $17,608/mo
    Get pre-qualified
    Duplex, Residential Income
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $705/sqft
    $-- HOA

    What's special

    Located in one of the most desirable residential neighborhoods in San Mateo, 109-111 Hobart Avenue offers a unique duplex opportunity with both investment appeal and owner-user flexibility. The property consists of two spacious three-bedroom units, each with generous layouts, and attached garages. The rear unit features a private outdoor area, enhancing tenant appeal and livability. Set on an oversized lot, the property also offers potential for future ADU development, creating additional income opportunities. 109-111 Hobart Ave is within one mile to San Mateo Central Park and Downtown San Mateo, featuring a myriad of high-end shopping, dining and entertainment options. The subject property is also located within close proximity to the major transportation corridors of U.S. Highway 101, California State Route 92, the San Mateo Caltrain Station, and the major thoroughfare of El Camino Real. These transportation hubs provide tenants and residents with convenient access to San Francisco and San Jose and provides close proximity to many of the nation's top tech employers including Google, Meta, Stanford, Box Inc., Visa, Sony as well as many others.
    34 days
    |
    1,375
    |
    59
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cole Simpson 02016525 650-391-1735,

    Marcus & Millichap 650-391-1700

    Source: MLSListings Inc,MLS#: ML82051983MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Heating
      • Central Forced Air
      Cooling
      • None
      Features
      • Doors: None
      Interior area
      • Total structure area: 3,686
      • Total interior livable area: 3,686 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Garage spaces: 2
      • Has carport: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Stories: 1
      Lot
      • Size: 8,750 Square Feet
      Details
      • Parcel number: 034382050
      • Zoning: RM0000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Residential Income
      Materials
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • Year built: 1948

      Utilities & green energy

      • Gas: PublicUtilities
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public Utilities, Water Public

      Community & HOA

      Location
      • Region: San Mateo

      Financial & listing details

      • Price per square foot: $705/sqft
      • Tax assessed value: $2,543,945
      • Annual tax amount: $36,752
      • Date on market: 6/25/2026
      • Listing agreement: ExclusiveRightToSell
      • Inclusions: Building, Land
      • Lease term: Month To Month

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/25/2026Listed for sale$2,600,000+4.2%$705/sqft
        Source: MLSListings Inc #ML82051983 Report a problem
        8/7/2023Sold$2,494,062$677/sqft
        Source: MLSListings Inc #ML81937567 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$36,124 +4.3%$2,543,945 +2%
        2024$34,637 +662.7%$2,494,064 +1370.6%
        2023$4,541 +1.8%$169,599 +2%
        2022$4,463 -0.9%$166,274 +2%
        2021$4,503 +3.5%$163,015 +1%
        2020$4,351 +11.4%$161,344 +2%
        2019$3,907 +1.3%$158,181 +2%
        2018$3,858 +1.6%$155,080 +2%
        2017$3,799 +30.3%$152,040 +2%
        2016$2,915 -9.2%$149,060 +1.5%
        2015$3,211 $146,822 +2%
        2014$3,211 $143,947 +0.5%
        2013-- $143,298 +2%
        2012-- $140,489
        2011-- $140,489 +2.8%
        2010-- $136,706 -0.2%
        2009-- $137,032 +2%
        2008-- $134,346 +2%
        2007-- $131,713 +2%
        2006-- $129,131
        2005-- $129,131 +4%
        2004-- $124,119 +1.9%
        2003-- $121,845 +2%
        2002-- $119,457 +2%
        2001-- $117,115 +2%
        2000-- $114,819
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Aragon

        Getting around

        81 / 100
        Very Walkable
        44 / 100
        Some Transit
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: SanMateoFosterCityElementary

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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