518 19th Ave

$2,450,000
Price
2
Beds
5,440 Sq. Ft.
$450 / Sq. Ft.
5,440
Sq. Ft.
$450
per Sq. Ft.

Description

Fully renovated 7-unit multifamily in prime San Mateo near Downtown & Caltrain. Strong in-place income, covered parking, and clear rent-growth upside. Offered at $2.45M | 4.27% Cap. 518 19th Ave is a 7-unit apartment building featuring (4) large 1-bed/1-bath units and (3) spacious studios, six of which have been renovated with modern finishes, dual-pane windows, and updated interiors. The 5,440 SF building on a 7,841 SF lot offers covered parking, laundry income, and energy-efficient upgrades. Current...Fully renovated 7-unit multifamily in prime San Mateo near Downtown & Caltrain. Strong in-place income, covered parking, and clear rent-growth upside. Offered at $2.45M | 4.27% Cap. 518 19th Ave is a 7-unit apartment building featuring (4) large 1-bed/1-bath units and (3) spacious studios, six of which have been renovated with modern finishes, dual-pane windows, and updated interiors. The 5,440 SF building on a 7,841 SF lot offers covered parking, laundry income, and energy-efficient upgrades. Current rents range $1,795-$2,350 with market potential to $2,995, providing stable cash flow and long-term upside. Ideally located near El Camino Real, Hwy 101/280/92, Hillsdale Shopping Center, and Bay Meadows. A rare San Mateo multifamily investment opportunity near major employers and transit.
  1. Listed by Cris Lamas • DRE #02034056 • Brokerage DRE #01932484 • Urban Capital SF
  2. Listed by Wyatt Cendak • DRE #02145337 • Brokerage DRE #01932484 • Urban Capital SF

Property Details for 518 19th Avenue

Parking Features
Covered
Cross Street
S Delaware St
Total Parking Spaces
7
LISTING UPDATED: 11/18/2025 10:45 AM

Property Details for 518 19th Avenue

StatusActive
MLS #425085735
Days on Compass38
Taxes-
HOA Fees$3,025 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1958
Lot Size0.18 AC / 8,006 SF
CountySan Mateo County

Location

Listing Courtesy of Urban Capital SF, Cris Lamas, DRE #02034056; Urban Capital SF, Wyatt Cendak, DRE #02145337
Add your commute

Building Information for 518 19th Avenue

Stories-Residences7Year Built1958Building Size-Lot Size0.18 AC / 8,006 SF

Payment Calculator

$14,904 per month

30 year fixed, 6.28% Interest

Principal and Interest

$12,106

Property Taxes

$2,546

HOA Dues

$252

The Payment Calculator is for illustrative purposes only.

Property Information for 518 19th Avenue

Summary
Location and General Information
  • Area/District: San Mateo
  • Area Short Display: 13J
  • Location Description: San Mateo
Taxes and HOA Information
  • Association Features: Barbeque, Cabana Club, Club House, Pool, Other
  • APN: 035-331-080
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: Yes
  • Association Name: Fiesta Gardens
  • Association Fee Frequency: Annually
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 7
  • Garage Spaces: 7
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 7.0
  • Parking: Covered
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Shape Regular
Property and Assessments
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Picture Count: 47
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Common Area Meter, Electricity, Gas
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Foundation: Concrete
  • Stories: 0
  • Window Features: Dual Pane Full
  • Roof: Tar/Gravel
Interior Features
  • Laundry Features: Coin Operated, In Common Area
  • Full Bathrooms: 0
  • # of Rooms: 18
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 4
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 4
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 14.39
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 3
  • # of Studio Units: 3
  • # of Units: 7
  • # Of Units Total: 7
  • # Of Units Vacant: 0
  • # Of Units Leased: 7
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Description: #1
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Lease Term: 12 Months
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Owner
  • Unit 1 Rent: $2,350.00
  • Unit 1 Approx SqFt: 650.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 0
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Description: #2
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Lease Term: 12 Months
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent Source: Owner
  • Unit 2 Rent: $2,095.00
  • Unit 2 Approx SqFt: 650.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 0
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Description: #3
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Lease Term: 12 Months
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Owner
  • Unit 3 Rent: $1,995.00
  • Unit 3 Approx SqFt: 650.0
  • Unit 3 # of Rooms: 0
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Description: #3
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent Source: Owner
  • Unit 4 Rent: $2,050.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
  • Unit 4 Type: Apartment
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Electricity, Gas

Property History for 518 19th Avenue

DateEvent & SourcePriceAppreciation
Nov 5, 2025

Listed (Active)

RESFAR #425085735

$2,450,000
Jul 21, 2014

Sold

MLSListings #ML81412592

$1,500,000
Jul 21, 2014

Sold

EBRD #ML81412592

$1,500,000
Jun 12, 2014

Pending

MLSListings #ML81412592

Jun 12, 2014

Pending

EBRD #ML81412592

Apr 16, 2014

Listed (Active)

MLSListings #ML81412592

$1,649,000
Apr 16, 2014

Listed (Active)

EBRD #ML81412592

$1,649,000
Feb 2, 2009

Sold (Public Record)

Public Record #262499953

$1,050,000
DateEvent & SourcePrice
11/05/2025

Listed (Active)

RESFAR #425085735

$2,450,000
07/21/2014

Sold

MLSListings #ML81412592

$1,500,000
07/21/2014

Sold

EBRD #ML81412592

$1,500,000
06/12/2014

Pending

MLSListings #ML81412592

06/12/2014

Pending

EBRD #ML81412592

04/16/2014

Listed (Active)

MLSListings #ML81412592

$1,649,000
04/16/2014

Listed (Active)

EBRD #ML81412592

$1,649,000
02/02/2009

Sold (Public Record)

Public Record #262499953

$1,050,000

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

Public Records for 518 19th Avenue

Taxable ValueLand$1,009,552Additions$763,170Total$1,772,722
Tax Record2024$30,552 ($2,546 / month)
Home Facts
Baths7Total Finished SqFt5,440 SqFtAbove Grade Finished SqFt5,440 SqFtStories2Lot Size8,008 SqFtStyleMulti-Family Res (5+ Units)Year Built1958CountySAN MATEOAPN035-331-080

Schools near 518 19th 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
Sunnybrae Elementary School
PublicK to 5

Borel Middle School
Public6 to 8

Hillsdale High School
Public9 to 12

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.

Similar Homes

Similar Sold Homes

518 19th Avenue is a multi-family home for sale in San Mateo, CA 94403. This property was listed for sale on November 5, 2025 by Urban Capital SF, it's currently listed at $2,450,000. It has been on the market for a total of 38 days and was last sold on July 21, 2014. This listing's school districts are San Mateo-Foster City School District, San Mateo Union High School District. Nearby schools include Sunnybrae Elementary School, Borel Middle School and Hillsdale High School. 518 19th Avenue is a 2-bed, 2-bath, 5,440 sqft multi-family home built in 1958.

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 Urban Capital SF, Cris Lamas, DRE #02034056; Urban Capital SF, Wyatt Cendak, DRE #02145337

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.