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$2,100,000
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Property Description
Rarely Available Opportunity to Acquire 5-unit Spacious, Easy-To-Manage apartment building consisting of four 1-bed 1-bath and one 2-bed 1-bath. Conveniently-Located Asset Near Downtown San Mateo. Walk to Hillsdale Cal-Train & Franklin Templeton. Units with/ Excellent Floorplan. Dual-Pane Windows, individual Water Heaters, New Exterior Painting, Drought-Resistant Landscaping. Proven, Consistent Income-Generator, Providing Strong Cashflow with Very Low Vacancies and Turnovers.
Full Property Details
Full Property Details for 3939 Pacific Blvd
General
- Price: $2,100,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML81994413
- Updated: 1/5/2026
- Added to Site: 242 day(s) ago
Interior
- Flooring: Carpet, Laminate, Tile
Additional Information
- Security/Safety: Secured Garage / Parking
Parking
- Garage Spaces: 5
- Parking Features: Attached Garage
Location
- Area: San Mateo Village/Glendale Village
- County: San Mateo
- Cross Streets: E. 40th
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Telecomm.: Intercom
- Utility Description: Public Utilities
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter and Slab
- Roof: Tar and Gravel
- Disability Access: None
- Square Feet: 5,016
- Year Built: 1958
Unit Information
Unit 1
- Square Feet: 700
- Bedrooms: 1
Unit 2
- Square Feet: 700
- Bedrooms: 1
Unit 3
- Square Feet: 900
- Bedrooms: 2
Unit 4
- Square Feet: 700
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1438
- Minimum Lot Size: 6264
- Building Sites: 1
- Zoning: MFD
Disclosures and Reports
- Restrictions: No Waterbeds, Pets Not Allowed
Listed by Real Estate Source, Inc., Robin Neydavoud
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Schools
Schools serving 3939 Pacific Blvd
School Districts:San Mateo-Foster City Elementary School District, San Mateo Union High School District
| Name | Grades | Distance |
|---|---|---|
George Hall Elementary School 130 San Miguel Way, San Mateo, CA 94403 | K-5 | 0.3 mi |
Abbott Middle School 600 36th Avenue, San Mateo, CA 94403 | 6-8 | 1 mi |
Hillsdale High School 3115 Del Monte Street, San Mateo, CA 94403 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3939 Pacific Blvd
Date
Details
Price
Change
Source
10/22/2025
Price Reduced
$2,100,000
-6.67%
MLS
5/19/2025
Listed
$2,250,000
—
MLS
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 3939 Pacific Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,909
—
$856,746
2%
2024
$17,909
2%
$839,948
2%
2023
$17,477
5%
$823,480
2%
2022
$16,585
5%
$807,335
2%
2021
$15,815
5%
$791,506
1%
2020
$15,000
10%
$783,391
2%
2019
$13,643
8%
$768,031
2%
2018
$12,666
9%
$752,973
2%
2017
$11,596
15%
$738,209
2%
2016
$10,084
-2%
$723,735
2%
2015
$10,249
3%
$712,865
2%
2014
$9,954
1%
$698,902
—
2013
$9,817
—
$695,744
—
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 3939 Pacific Blvd
3939 Pacific Blvd, San Mateo, CA 94403 (MLS# ML81994413) is a Commercial Residential Facility property. 3939 Pacific Blvd is currently listed for $2,100,000 and was received on May 19, 2025. Want to learn more about 3939 Pacific Blvd? Do you have questions about finding other Commercial Residential Facility 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.

