17 Devonshire Blvd

Beds
Baths
9,470 Sq. Ft.
$295 / Sq. Ft.
9,470
Sq. Ft.
$295
per Sq. Ft.

Description

Huge price reduction. 17-25 Devonshire offers an investor the opportunity to own a true multi-family rental property in one of the most sought-after sub markets on the peninsula. Most units have been remodeled within the past five years. Property has been continuously and extensively remodeled during the past few years. 14 total parking spaces consisting of 5 two-car garages and 4 open air spaces.Huge price reduction. 17-25 Devonshire offers an investor the opportunity to own a true multi-family rental property in one of the most sought-after sub markets on the peninsula. Most units have been remodeled within the past five years. Property has been continuously and extensively remodeled during the past few years. 14 total parking spaces consisting of 5 two-car garages and 4 open air spaces.
  1. Listed by Bijan Amini • DRE #01717506 • Brokerage DRE #01717506 • Quest Real Estate • (650) 888-7888

Property Details for 17 Devonshire Boulevard

MLS City Name
San Carlos
Building Type
Other
Garage Spaces
0
View
Local/Neighborhood
Cross Street
San Carlos Ave
LISTING UPDATED: 09/09/2025 10:45 AM

Property Details for 17 Devonshire Boulevard

StatusSold
MLS #ML81218961
Days on Compass290
Taxes$29,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1967
Lot Size0.26 AC / 11,325 SF
CountySan Mateo County

Location

Listing Courtesy of Quest Real Estate, Bijan Amini, DRE #01717506

Sold By RE/MAX Star Properties, Tony Gabb, DRE #00931565

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Building Information for 17 Devonshire Boulevard

Stories2Residences-Year Built1967Building Size-Lot Size0.26 AC / 11,325 SF

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OriginPoint Mortgage or Rocket Mortgage1

$16,081 per month

30 year fixed, 6.15% Interest

Principal and Interest

$13,622

Property Taxes

$2,458

HOA Dues

$0

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Property Information for 17 Devonshire Boulevard

Features
Room Information
  • Kitchen: Dishwasher, Varies by Unit, Garbage Disposal, Oven Range, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum, Carpet
  • Laundry: Washer/Dryer - Owned, Community Facility, Gas Hookup
  • Living SqFt: 9470
  • Pool: No
Utilities
  • Cooling: None
  • Heating: Wall Furnace, Gas
  • Meters: Separate Electric, Separate Gas, Master Water
  • Sewer Septic: Sewer in Street, Sewer Connected
  • Water: Public
Garage
  • Garage and Parking: Gate / Door Opener, Common Parking Area, Private / Exclusive, Add'l Spots Available
Property Details
Homeowners Association
  • HOA Amenities: None
  • HOA Fee: $0
Property Details
  • Max Num Of Units in Complex: 12
  • Min Num Of Units in Complex: 5
  • Area Text: Beverly Terrace Etc.
  • Roof: Tar and Gravel
  • Stories: 2.0
  • Subclass: Five or More Units
  • Street Number: 17
  • Street Name: DEVONSHIRE
  • Street Suffix: Boulevard
  • Area ID: 351
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 9470
  • Structure SqFt Source: Seller
  • Age: 46
Development Information
  • Zoning Detail: R300
Location Information
  • Incorporated: Yes
  • Map Book: Thomas Bros
  • Parcel Number: 049-331-370
  • County Name: San Mateo
  • City Name: San Carlos
  • City Postal ID: 56
  • Postal Code: 94070
  • Elementary School District: 937
  • High School District Text: Sequoia Union High
Lot Information
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio, Deck
Multi Family Information
Bedroom Information
  • No Of 2 Bed 1 Plus Bath Units: 4
  • No Of 1 Bed 1 Bath Units: 1
  • No Of 2 Bed 1 Bath Units: 2
Building Information
  • No Of Studio Units: 3
General Information
  • Unit Types in Building: 1 Bedroom Unit(s), 2 Bedroom Unit(s), Studio Unit(s)
  • Annual Tax Amount: $29,500
  • Capitalization Rate: 4.70
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable TV, Utilities - Electric
  • Income Includes: Laundry, Lease
  • Vacancy Amount: $1,911
  • Vacancy Factor: 1
Unit Size Detail
  • Max Size 1Bed 1Bath: 500
  • Max Size 2Bed 1Bath: 1100
  • Max Size 2Bed 1PlusBathUnits: 1100
  • Max Size of Studio: 500
  • Min Size 1Bed 1Bath: 500
  • Min Size 2Bed 1Bath: 1000
  • Min Size 2Bed1PlusBathUnits: 900
  • Min Size of Studio: 400
Income / Expense Details
  • Expense Insurance: $3,438
  • Expense Landscape: $600
  • Expense Maintenance: $1,000
  • Expense Management: $9,000
  • Expense Trash: $4,544
  • Expense Water Sewer: $4,800
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $52,882
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Fee - Property Tax
  • Gross Rent Multiplier: 15.17
  • Income Annual Gross: $189,177
  • Income Annual Rental: $188,688
  • Income Gross Scheduled: $191,088
  • Income Laundry: $2,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Rent: $0
Unit 2 Information
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Listing Info
Rental Info
  • Lease Type: Net

Property History for 17 Devonshire Boulevard

DateEvent & SourcePriceAppreciation
Feb 15, 2018

Sold

MLSListings #ML81688996

$4,800,000
Feb 15, 2018

Sold

EBRD #ML81688996

$4,800,000
Feb 13, 2018

Sold (Public Record)

Public Record #616692665

$4,800,000

+11.8% / yr

Jan 31, 2018

Pending

EBRD #ML81688996

Jan 31, 2018

Pending

MLSListings #ML81688996

Jan 15, 2018

Listed (Active)

EBRD #ML81688996

$5,500,000
Jan 15, 2018

Listed (Active)

MLSListings #ML81688996

$5,500,000
Apr 19, 2013

Sold

RESFAR #81218961

$2,795,000
Apr 19, 2013

Sold

EBRD #ML81218961

$2,795,000
Apr 19, 2013

Sold

MLSListings #ML81218961

$2,795,000
Apr 16, 2013

Sold (Public Record)

Public Record #352319571

$2,795,000

+1.9% / yr

Mar 3, 2013

Pending

MLSListings #ML81218961

Mar 3, 2013

Pending

EBRD #ML81218961

Mar 3, 2013

Pending

RESFAR #81218961

May 17, 2012

Listed (Active)

EBRD #ML81218961

$3,200,000
May 17, 2012

Price Change

RESFAR #81218961

$3,200,000
May 17, 2012

Listed (Active)

MLSListings #ML81218961

$3,200,000
May 17, 2012

Listed (Active)

RESFAR #81218961

$2,899,000
May 1, 2007

Sold (Public Record)

Public Record #219387629

$2,500,000

+17.9% / yr

Jul 3, 2005

Sold

RESFAR #80372512

$1,845,000
Jul 3, 2005

Sold

MLSListings #ML80372512

$1,845,000
Jul 3, 2005

Sold

EBRD #ML80372512

$1,845,000
Jun 27, 2005

Sold (Public Record)

Public Record #160676927

$1,845,000
Feb 11, 2005

Pending

EBRD #ML80372512

Feb 11, 2005

Pending

MLSListings #ML80372512

Feb 11, 2005

Pending

RESFAR #80372512

Jan 16, 2004

Listed (Active)

MLSListings #ML80372512

$1,949,000
Jan 16, 2004

Price Change

RESFAR #80372512

$1,949,000
Jan 16, 2004

Listed (Active)

EBRD #ML80372512

$1,949,000
Jan 16, 2004

Listed (Active)

RESFAR #80372512

$1,895,000
DateEvent & SourcePrice
02/15/2018

Sold

MLSListings #ML81688996

$4,800,000
02/15/2018

Sold

EBRD #ML81688996

$4,800,000
02/13/2018

Sold (Public Record)

Public Record #616692665

$4,800,000

+11.8% / yr

01/31/2018

Pending

EBRD #ML81688996

01/31/2018

Pending

MLSListings #ML81688996

01/15/2018

Listed (Active)

EBRD #ML81688996

$5,500,000
01/15/2018

Listed (Active)

MLSListings #ML81688996

$5,500,000
04/19/2013

Sold

RESFAR #81218961

$2,795,000
04/19/2013

Sold

EBRD #ML81218961

$2,795,000
04/19/2013

Sold

MLSListings #ML81218961

$2,795,000
04/16/2013

Sold (Public Record)

Public Record #352319571

$2,795,000

+1.9% / yr

03/03/2013

Pending

MLSListings #ML81218961

03/03/2013

Pending

EBRD #ML81218961

03/03/2013

Pending

RESFAR #81218961

05/17/2012

Listed (Active)

EBRD #ML81218961

$3,200,000
05/17/2012

Price Change

RESFAR #81218961

$3,200,000
05/17/2012

Listed (Active)

MLSListings #ML81218961

$3,200,000
05/17/2012

Listed (Active)

RESFAR #81218961

$2,899,000
05/01/2007

Sold (Public Record)

Public Record #219387629

$2,500,000

+17.9% / yr

07/03/2005

Sold

RESFAR #80372512

$1,845,000
07/03/2005

Sold

MLSListings #ML80372512

$1,845,000
07/03/2005

Sold

EBRD #ML80372512

$1,845,000
06/27/2005

Sold (Public Record)

Public Record #160676927

$1,845,000
02/11/2005

Pending

EBRD #ML80372512

02/11/2005

Pending

MLSListings #ML80372512

02/11/2005

Pending

RESFAR #80372512

01/16/2004

Listed (Active)

MLSListings #ML80372512

$1,949,000
01/16/2004

Price Change

RESFAR #80372512

$1,949,000
01/16/2004

Listed (Active)

EBRD #ML80372512

$1,949,000
01/16/2004

Listed (Active)

RESFAR #80372512

$1,895,000

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

Public Records for 17 Devonshire Boulevard

Taxable ValueLand$1,820,524Additions$3,641,052Total$5,461,576
Tax Record2024$73,352 ($6,113 / month)
Home Facts
Baths1Total Finished SqFt9,470 SqFtAbove Grade Finished SqFt9,470 SqFtStories3Lot Size15,757 SqFtStyleMulti-Family Res (5+ Units)Year Built1967Year Renovated1968ZoningR30000CountySAN MATEOAPN049-331-370

Schools near 17 Devonshire Boulevard

This home is within San Carlos Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Arundel Elementary School
PublicK to 3

Tierra Linda Middle School
Public6 to 8

Carlmont High School
Public9 to 12

San Carlos Charter Learning Center
CharterK to 8

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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Listing Courtesy of Quest Real Estate, Bijan Amini, DRE #01717506

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.