126 N Ellsworth Ave

$2,300,000
Price
Beds
Baths
3,663 Sq. Ft.
$628 / Sq. Ft.
3,663
Sq. Ft.
$628
per Sq. Ft.

Description

5 Units located on prime 8,800+ sqft corner Lot This five-unit property sits on a prominent corner lot in one of San Mateo's most strategic and in-demand locations. All five units have been upgraded- property inspection reports are buyer-favorable. Zoned R-4, the property supports higher-density residential development, offering meaningful value-add potential for investors or developers. Under California ADU regulations, buyer may be able to add detached ADUs and a possible interior conversion ADU...5 Units located on prime 8,800+ sqft corner Lot This five-unit property sits on a prominent corner lot in one of San Mateo's most strategic and in-demand locations. All five units have been upgraded- property inspection reports are buyer-favorable. Zoned R-4, the property supports higher-density residential development, offering meaningful value-add potential for investors or developers. Under California ADU regulations, buyer may be able to add detached ADUs and a possible interior conversion ADU within existing non-habitable space (buyer to verify). ADUs under 750 SF avoid school and most impact fees. Proximity to Caltrain this site qualifies for State parking exemptions, improving site efficiency. With an exceptional 94 Walk Score, the property is just one block from Caltrain and steps to Downtown San Mateo's core business district, dining, and retail. This central, transit-oriented location consistently supports strong tenant demand and historically low vacancy, driven by immediate access to the Peninsulas leading AI, tech, and biotech employers.

Property Details for 126 North Ellsworth Avenue

MLS City Name
SAN MATEO
Building Type
Other
Garage Spaces
2
Parking Spaces
5
Cross Street
Catalpa
LISTING UPDATED: 12/14/2025 09:59 AM

Property Details for 126 North Ellsworth Avenue

StatusActive
MLS #ML82029362
Days on Compass3
Taxes$18,369 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1918
Lot Size0.20 AC / 8,809 SF
CountySan Mateo County

Location

Listing Courtesy of Bay Area Estates, Scott Philip, DRE #01353710
Add your commute

Building Information for 126 North Ellsworth Avenue

Stories-Residences-Year Built1918Building Size-Lot Size0.20 AC / 8,809 SF

Payment Calculator

$12,896 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,365

Property Taxes

$1,531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 126 North Ellsworth Avenue

Features
Features
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Stone
  • Living SqFt: 3663
  • Pool: No
  • Security Features: Security Lights
  • Special Features: Grab Bars
Utilities
  • Cooling: None
  • Heating: Central Forced Air, Wall Furnace
  • Meters: Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Common Parking Area, Parking Area
Property Details
Homeowners Association
  • HOA Amenities: Additional Storage, BBQ Area
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Eastern Addition/Downtown Area
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 126
  • Street Name: Ellsworth
  • Street Direction Prefix: North
  • Street Suffix: Avenue
  • Area ID: 417
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 3663
  • Structure SqFt Source: Assessor
  • Age: 107
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R4
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 032-302-010
  • County Name: San Mateo
  • City Name: SAN MATEO
  • City Postal ID: 62
  • Postal Code: 94401
  • Elementary School District: 938
  • High School District Text: San Mateo Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .20
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 5
General Information
  • Annual Tax Amount: $18,369
  • Capitalization Rate: 4.32
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $1,833
  • Expense Landscape: $1,200
  • Expense Maintenance: $300
  • Expense Management: $0
  • Expense Trash: $1,396
  • Expenses Other: $0
  • Expenses Utility: $963
  • Expenses Total: $24,061
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener
  • Gross Rent Multiplier: 18.09
  • Income Annual Gross: $123,306
  • Income Annual Rental: $127,000
  • Income Gross Scheduled: $127,120
  • Income Other: $120
Unit 1 Information
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 555
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,200
Unit 3 Information
  • Unit 3 Approx Square Footage: 588
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,200
Unit 4 Information
  • Unit 4 Approx Square Footage: 669
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $2,200
Unit Type 1
  • Unit Type1 Approx SqFt: 936

Property History for 126 North Ellsworth Avenue

DateEvent & SourcePriceAppreciation
Dec 12, 2025

Price Change

EBRD #ML82029362

$2,300,000
Dec 12, 2025

Price Change

MLSListings #ML82029362

$2,300,000
Dec 12, 2025

Price Change

EBRD #ML82029362

$3,300,000
Dec 12, 2025

Price Change

MLSListings #ML82029362

$3,300,000
Dec 12, 2025

Listed (Active)

EBRD #ML82029362

$2,300,000
Dec 12, 2025

Listed (Active)

MLSListings #ML82029362

$2,300,000
Dec 7, 2025

Withdrawn

EBRD #ML82003413

Dec 7, 2025

Withdrawn

MLSListings #ML82003413

$2,750,000
Oct 6, 2025

Price Change

EBRD #ML82003413

$2,750,000
Oct 5, 2025

Price Change

MLSListings #ML82003413

$2,750,000
Jul 19, 2025

Price Change

EBRD #ML82003413

$2,998,000
Jul 19, 2025

Price Change

MLSListings #ML82003413

$2,998,000
Apr 21, 2025

Listed (Active)

EBRD #ML82003413

$3,300,000
Apr 21, 2025

Listed (Active)

MLSListings #ML82003413

$3,300,000
DateEvent & SourcePrice
12/12/2025

Price Change

EBRD #ML82029362

$2,300,000
12/12/2025

Price Change

MLSListings #ML82029362

$2,300,000
12/12/2025

Price Change

EBRD #ML82029362

$3,300,000
12/12/2025

Price Change

MLSListings #ML82029362

$3,300,000
12/12/2025

Listed (Active)

EBRD #ML82029362

$2,300,000
12/12/2025

Listed (Active)

MLSListings #ML82029362

$2,300,000
12/07/2025

Withdrawn

EBRD #ML82003413

12/07/2025

Withdrawn

MLSListings #ML82003413

$2,750,000
10/06/2025

Price Change

EBRD #ML82003413

$2,750,000
10/05/2025

Price Change

MLSListings #ML82003413

$2,750,000
07/19/2025

Price Change

EBRD #ML82003413

$2,998,000
07/19/2025

Price Change

MLSListings #ML82003413

$2,998,000
04/21/2025

Listed (Active)

EBRD #ML82003413

$3,300,000
04/21/2025

Listed (Active)

MLSListings #ML82003413

$3,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 126 North Ellsworth Avenue

Taxable ValueLand$161,451Additions$373,922Total$535,373
Tax Record2024$18,363 ($1,530 / month)
Home Facts
Baths6Total Finished SqFt3,663 SqFtAbove Grade Finished SqFt3,663 SqFtStories2Lot Size8,809 SqFtStyleMulti-Family Res (5+ Units)Year Built1918Year Renovated1924CountySAN MATEOAPN032-302-010Fireplace TypeHas Fireplace

Schools near 126 North Ellsworth Avenue

This home is within San Mateo Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
San Mateo Park Elementary School
PublicK to 5

Borel Middle School
Public6 to 8

San Mateo High School
Public9 to 12

Beach Park Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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126 North Ellsworth Avenue is for sale in San Mateo, CA 94401. This property was listed for sale on December 12, 2025 by Bay Area Estates, it's currently listed at $2,300,000. This listing's school districts are San Mateo-Foster City School District, San Mateo Union High School District. Nearby schools include San Mateo Park Elementary School, Borel Middle School and San Mateo High School. 126 North Ellsworth Avenue is a 0-bed, 0-bath, 3,663 sqft built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bay Area Estates, Scott Philip, DRE #01353710

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.