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$1,688,000 Sale Pending
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Property Description
1931-1933 Palm Ave Duplex represents a very attractive investment and outstanding opportunity for the savvy investor. Located in a very desirable and sought after rental submarket, this duplex offers value-add upside through unit upgrades and rental repositioning. The units have been well maintained and have superior tenant profiles affording stable income and worry free operation. All units feature spacious 2 bedroom and 1 bathroom units featuring their own water heater. There is a common backyard for relaxing and entertaining and separate 1 car attached garages which include washer and dryer hookups. The units also boast dual pane windows and all utilities (PG&E & Water) are separately metered. Near Central Park and the vibrant downtown scene with nearby dining and shopping. CalTrain, Highways 101 and 92 are just minutes away with SFO and Bart less than 10 miles away as well. 1927 & 1929 Palm Ave duplexes are just across the beautiful and functional paver driveway/courtyard and are also for sale by the same owner. These two duplexes can be sold in combination or separately via a driveway easement and maintenance agreement. This duplex is 100% leased up. NEW Sewer Laterals! Please DO NOT go on the property!
Full Property Details
Full Property Details for 1931 Palm Ave
General
- Price: $1,688,000
- Status: Pending
- Type: Duplex
- Source: RE_Infolink
- MLS ID: ML82034011
- Updated: 4/10/2026
- Added to Site: 67 day(s) ago
Interior
- Flooring: Carpet, Tile, Vinyl / Linoleum
Rooms
Other Rooms
- Kitchen: Dishwasher, Garbage Disposal, Oven/Range, Refrigerator
- Laundry: Hookups Only
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Garage Spaces: 1
- Parking Features: Attached Garage
Location
- Area: Fiesta Gardens Etc.
- County: San Mateo
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Sewer Connected, Sewer in Street
- Water: Individual Water Meter
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Separate Electric, Separate Gas, Separate Water
Structural Information
- Architectural Style: Bungalow
- Construction: Wood Frame
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
- Disability Access: Parking
- Square Feet: 2,137
- Year Built: 1955
Unit Information
Unit 1
- Square Feet: 1068
- Bedrooms: 2
Unit 2
- Square Feet: 1068
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.109
- Minimum Lot Size: 4750
- Lot Size (Sq. Ft.): 4,750
- Building Sites: 1
- Zoning: R20000
Green Features
- Energy Efficient: Double-Pane Windows
Listed by Intero Real Estate Services, Stephen Guzzetti
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Schools
Schools serving 1931 Palm Ave
School Districts:San Mateo-Foster City Elementary School District, San Mateo Union High School District
| Name | Grades | Distance |
|---|---|---|
Sunnybrae Elementary School 1031 South Delaware Street, San Mateo, CA 94402 | K-5 | 0.8 mi |
Borel Middle School 425 Barneson Avenue, San Mateo, CA 94402 | 6-8 | 0.7 mi |
Aragon High School 900 Alameda de las Pulgas, San Mateo, CA 94402 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1931 Palm Ave
Date
Details
Price
Change
Source
2/06/2026
Listed
$1,688,000
57.02%
MLS
7/15/2015
Sold
$1,075,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1931 Palm Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,405
3%
$1,272,574
2%
2024
$17,910
1%
$1,247,622
2%
2023
$17,735
1%
$1,223,160
2%
2022
$17,531
—
$1,199,178
2%
2021
$17,513
6%
$1,175,666
1%
2020
$16,493
5%
$1,163,612
2%
2019
$15,718
6%
$1,140,798
2%
2018
$14,878
4%
$1,118,430
2%
2017
$14,343
-1%
$1,096,500
2%
2016
$14,530
198%
$1,075,000
313%
2015
$4,878
-2%
$260,078
2%
2014
$4,966
28%
$254,984
—
2013
$3,877
—
$253,833
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1931 Palm Ave
1931 Palm Ave, San Mateo, CA 94403 (MLS# ML82034011) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1931 Palm Ave is currently listed for $1,688,000 and was received on February 06, 2026. Want to learn more about 1931 Palm Ave? Do you have questions about finding other Duplex real estate for sale in San Mateo? You can browse all San Mateo real estate or contact a Coldwell Banker agent to request more information.

