422 Peninsula Ave

San Mateo, CA 94401

$2,200,000
Price
—
Beds
—
Baths
3,450 Sq. Ft.
$638 / Sq. Ft.
3,450
Sq. Ft.
$638
per Sq. Ft.
Listed By Compass
Listed By Compass

Description

Office building permissible for preschool, school, medical, lab, wide variety of purposes including 3 residential, new housing dev. Use as triplex requires adding showers, other improvements. For Lease or Sale. Reception, 9 Private Offices, 1 Large Conference Room, 3 x 2 Restrooms, Break Room, Outdoor Patio 1/2 mile, Walking Distance to Burlingame Caltrain. Zoning Summary: Administrative, executive, and professional offices, provided that the professional offices are limited to those professions...Office building permissible for preschool, school, medical, lab, wide variety of purposes including 3 residential, new housing dev. Use as triplex requires adding showers, other improvements. For Lease or Sale. Reception, 9 Private Offices, 1 Large Conference Room, 3 x 2 Restrooms, Break Room, Outdoor Patio 1/2 mile, Walking Distance to Burlingame Caltrain. Zoning Summary: Administrative, executive, and professional offices, provided that the professional offices are limited to those professions listed in Section 5.24.160: accountant, appraiser, architect, assayer, attorney, auditor, bacteriologist, certified public accountant, chemist or laboratory specialist or operator, chiropodist, chiropractor, civil engineer, dental laboratory specialist or operator, dentist, electrical engineer, geologist, hydraulic engineer, medical laboratory specialist or operator, oculist, optician, optometrist, osteopath, physician, structural engineer, surgeon, surveyor, and veterinarian (check for kennel). Retail of goods and services, Restaurants, Health and recreation, Schools, day care, Financial, business offices, laboratories. Warehousing, storage, and distribution. Residential, R3 multi-family. Special Uses: clubs, hotels, religious, kennel, community center, schools.

Listing Agent

  1. Alexander Kent

    Alexander Kent

    Listing Agent

    Compass

    DRE #01718732

    CallTextEmail

Property Details for 422 Peninsula Avenue

MLS City Name
SAN MATEO
Building Type
TRIPLEX
Style
Art Deco
Garage Spaces
0
Parking Spaces
5
Cross Street
Bloomfield Rd
LISTING UPDATED: 12/21/2025 11:25 PM

Property Details for 422 Peninsula Avenue

StatusActive
MLS #ML82027074
Days on Compass46
Taxes$14,146 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1954
Lot Size0.14 AC / 6,098 SF
CountySan Mateo County

Location

Listing Courtesy of Compass, Alexander Kent, DRE #01718732
Add your commute

Building Information for 422 Peninsula Avenue

Stories1Residences3Year Built1954Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$12,050 per month

30 year fixed, 6.28% Interest

Principal and Interest

$10,871

Property Taxes

$1,179

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 422 Peninsula Avenue

Features
Room Information
  • Kitchen: Countertop - Laminate, Microwave, Refrigerator
Features
  • Fireplace: No
  • Living SqFt: 3450
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: Central AC
  • Heating: Forced Air
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Eastern Addition/Downtown Area
  • Roof: Tar and Gravel
  • Subclass: Triplex
  • Year Built Source: Other
  • Street Number: 422
  • Street Name: Peninsula
  • Street Suffix: Avenue
  • Area ID: 417
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 3450
  • Structure SqFt Source: Other
  • Age: 71
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Corporation
  • Zoning Detail: EA00E2
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 032-131-030
  • 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 Slab
  • Horse Property: No
  • Lot Acres: .14
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio, BBQ Area, Dog Run / Kennel, Fenced
Multi Family Information
Building Information
  • No Of Leased: 0
General Information
  • Annual Tax Amount: $14,146
  • Building Unit Total: 3
  • Capitalization Rate: 7.08
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: None
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $3,262
  • Expense Landscape: $2,400
  • Expense Maintenance: $500
  • Expense Management: $0
  • Expense Trash: $900
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $21,208
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Services - Sewer, Services - Trash Removal
  • Gross Rent Multiplier: 11.81
  • Income Annual Gross: $176,985
  • Income Annual Rental: $186,300
  • Income Gross Scheduled: $186,300
  • Income Other: $0
Unit 1 Information
  • Unit 1 Half Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
Unit 2 Information
  • Unit 2 Approx Square Footage: 1150
  • Unit 2 Half Bathrooms: 2
  • Unit 2 Number of Bedrooms: 2
Unit 3 Information
  • Unit 3 Approx Square Footage: 1150
  • Unit 3 Half Bathrooms: 2
  • Unit 3 Number of Bedrooms: 3
Unit Type 1
  • Unit Type1 Approx SqFt: 1150

Property History for 422 Peninsula Avenue

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Price Change

EBRD #ML82027074

$2,200,000—
Nov 26, 2025

Price Change

MLSListings #ML82027074

$2,200,000—
Nov 8, 2025

Listed (Active)

EBRD #ML82027074

$3,500,000—
Nov 7, 2025

Listed (Active)

MLSListings #ML82027074

$3,500,000—
Oct 14, 2010

Sold (Public Record)

Public Record #298083519

$885,000—
DateEvent & SourcePrice
11/26/2025

Price Change

EBRD #ML82027074

$2,200,000
11/26/2025

Price Change

MLSListings #ML82027074

$2,200,000
11/08/2025

Listed (Active)

EBRD #ML82027074

$3,500,000
11/07/2025

Listed (Active)

MLSListings #ML82027074

$3,500,000
10/14/2010

Sold (Public Record)

Public Record #298083519

$885,000

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

Public Records for 422 Peninsula Avenue

Taxable ValueLand$768,700Additions$365,131Total$1,133,831
Tax Record2024$13,928 ($1,161 / month)
Home Facts
Total Finished SqFt3,168 SqFtAbove Grade Finished SqFt3,168 SqFtLot Size5,929 SqFtStyleOffice BuildingYear Built1954ZoningEA00E2CountySAN MATEOAPN032-131-030

Schools near 422 Peninsula Avenue

This home is within San Mateo Union High School District.
Rating
School
Type
Grades
Distance
San Mateo Park Elementary School
Public - K to 5
Borel Middle School
Public - 6 to 8
San Mateo High School
Public - 9 to 12
Beach Park Elementary
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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More information about 422 Peninsula Avenue, San Mateo, CA 94401

422 Peninsula Avenue is a multi-family home for sale in San Mateo, CA 94401. This property was listed for sale on November 7, 2025 by Compass, it's currently listed at $2,200,000. It has been on the market for a total of 46 days and was last sold on October 14, 2010. 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. 422 Peninsula Avenue is a 0-bed, 0-bath, 3,450 sqft multi-family home built in 1954.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Compass, Alexander Kent, DRE #01718732

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.