3223 Glendora Dr, San Mateo, CA 94403

San Mateo
Local realty services provided by:ERA North Orange County Real Estate
3223 Glendora Dr,San Mateo, CA 94403
$4,520,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: ken wu, ray rodriguez
Office: compass
MLS#:41121432
Source:CRMLS

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Price summary

  • Price:$4,520,000

About this home

3223 Glendora Drive is a well-maintained 9-unit apartment property located in a prime San Mateo neighborhood directly adjacent to the Laurelwood Shopping Center. The asset reflects true pride of ownership and offers a compelling blend of stability, unit size, and rental upside. The unit mix consists of seven spacious one-bedroom/one-bath units and two two-bedroom/one-bath units. The one-bedroom units range approximately 750–800 square feet, while the two-bedroom units are approximately 950 square feet—sizes that are well above typical market averages and highly attractive to long-term tenants. The property is very well maintained and features tuck-under parking with one enclosed garage space currently being leased as storage, providing valuable off street parking in a supply-constrained area. Tenants benefit from a quiet rear courtyard and backyard area, enhancing livability and tenant retention. Current rents are below market, offering approximately 24% upside through rent growth,...

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Home facts

  • Year built:1964
  • Listing ID #:41121432
  • Added:69 day(s) ago
  • Updated:March 31, 2026 at 06:27 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1964
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$4,520,000

Parking

  • Total parking spaces:10
Based on information from California Regional Multiple Listing Service, Inc. as of March 31, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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