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For sale
  • $3,850,000

    16 W Bellevue Ave, San Mateo, CA 94402

    8beds
    4baths
    3,856sqft
    : 
    $26,052/mo
    Get pre-qualified
    Quadruplex, Residential Income
    Built in 1947
    -- sqft lot
    $3,859,800 Zestimate®
    $998/sqft
    $-- HOA

    What's special

    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!
    17 days
    |
    600
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Danforth 01789680 650-274-5227,

    Compass 650-941-1111,

    Matthew Thomson 01471708 650-515-6555,

    Compass

    Source: MLSListings Inc,MLS#: ML82055296MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Kitchen
      • Features: Countertop_Granite
      Heating
      • Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer
      Features
      • Flooring: Hardwood
      • Doors: None
      Interior area
      • Total structure area: 3,856
      • Total interior livable area: 3,856 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached
      • Garage spaces: 4
      • Has carport: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Stories: 2
      Lot
      • Size: 6,377 Square Feet
      Details
      • Parcel number: 032071050
      • Zoning: Multifamily: R4
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Residential Income
      Materials
      • Foundation: Concrete Perimeter
      • Roof: Composition, Shingle
      Condition
      • Year built: 1947

      Utilities & green energy

      • Gas: IndividualGasMeters
      • Sewer: Public Sewer
      • Utilities for property: Individual Electric Meters, Individual Gas Meters

      Community & HOA

      Location
      • Region: San Mateo

      Financial & listing details

      • Price per square foot: $998/sqft
      • Tax assessed value: $4,153,073
      • Annual tax amount: $49,275
      • Date on market: 7/23/2026
      • Listing agreement: ExclusiveRightToSell
      • Inclusions: Building, FixturesandEquipment, Land
      • Lease term: Month To Month

        Estimated market value

        $3,859,800

        $3.67M - $4.05M

        $3,958/mo

        Price history

        DateEventPrice
        7/23/2026Listed for sale$3,850,000+5.5%$998/sqft
        Source: MLSListings Inc #ML82055296 Report a problem
        5/25/2026Listing removed$3,650$1/sqft
        Source: Zillow Rentals Report a problem
        5/18/2026Listed for rent$3,650$1/sqft
        Source: Zillow Rentals Report a problem
        6/22/2018Sold$3,650,000+176.5%$947/sqft
        Source: MLSListings Inc #ML81706345 Report a problem
        7/17/2006Sold$1,320,000$342/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$52,669 +2.7%$4,153,073 +2%
        2024$51,261 +0.5%$4,071,641 +2%
        2023$51,027 +1.6%$3,991,806 +2%
        2022$50,219 +2.7%$3,913,536 +2%
        2021$48,888 +3.7%$3,836,801 +1%
        2020$47,138 +2.9%$3,797,460 +2%
        2019$45,830 +121.4%$3,723,000 +139.5%
        2018$20,702 -0.1%$1,554,290 +2%
        2017$20,720 +10.5%$1,523,814 +2%
        2016$18,753 +0.2%$1,493,936 +1.5%
        2015$18,712 $1,471,496 +2%
        2014$18,712 $1,442,672 +40.1%
        2013-- $1,030,000
        2012-- $1,030,000
        2011-- $1,030,000 -10.4%
        2010-- $1,150,000 -16.3%
        2009-- $1,373,328 +2%
        2008-- $1,346,400 +2%
        2007-- $1,320,000 +63.2%
        2006-- $808,748
        2005-- $808,748 +4%
        2004-- $777,345 +1.9%
        2003-- $763,099 +2%
        2002-- $748,138 +2%
        2001-- $733,470 +2%
        2000-- $719,089
        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: San Mateo Park

        Getting around

        62 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        54 / 100
        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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