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$2,200,000
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Property Description
Office building permissible for preschool, school, medical, lab, wide variety of purposes including 3 residential, new housing dev. Use as triplex requires adding showers, other improvements. For Lease or Sale. Reception, 9 Private Offices, 1 Large Conference Room, 3 x 2 Restrooms, Break Room, Outdoor Patio 1/2 mile, Walking Distance to Burlingame Caltrain. Zoning Summary: Administrative, executive, and professional offices, provided that the professional offices are limited to those professions listed in Section 5.24.160: accountant, appraiser, architect, assayer, attorney, auditor, bacteriologist, certified public accountant, chemist or laboratory specialist or operator, chiropodist, chiropractor, civil engineer, dental laboratory specialist or operator, dentist, electrical engineer, geologist, hydraulic engineer, medical laboratory specialist or operator, oculist, optician, optometrist, osteopath, physician, structural engineer, surgeon, surveyor, and veterinarian (check for kennel). Retail of goods and services, Restaurants, Health and recreation, Schools, day care, Financial, business offices, laboratories. Warehousing, storage, and distribution. Residential, R3 multi-family. Special Uses: clubs, hotels, religious, kennel, community center, schools.
Full Property Details
Full Property Details for 422 Peninsula Ave
General
- Price: $2,200,000
- Status: Active
- Type: Triplex
- Source: RE_Infolink
- MLS ID: ML82027074
- Updated: 11/26/2025
- Added to Site: 70 day(s) ago
Rooms
Other Rooms
- Kitchen: Laminate Countertop, Microwave, Refrigerator
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Off-Street Parking
Location
- Area: Eastern Addition/Downtown Area
- County: San Mateo
- Cross Streets: Bloomfield Rd
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- Architectural Style: Art Deco
- Construction: Wood Frame
- Foundation: Concrete Slab
- Roof: Tar and Gravel
- Disability Access: Other
- Square Feet: 3,450
- Year Built: 1954
Unit Information
Unit 1
- Square Feet: 1150
- Bedrooms: 3
Unit 2
- Square Feet: 1150
- Bedrooms: 2
Unit 3
- Square Feet: 1150
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.14
- Minimum Lot Size: 6098
- Lot Size (Sq. Ft.): 6,098
- Building Sites: 1
- Grounds/Landscape: Balcony / Patio, BBQ Area, Dog Run / Kennel, Fenced
- Zoning: EA00E2
Listed by Compass, Alexander Kent
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Schools
Schools serving 422 Peninsula Ave
School Districts:San Mateo Union High School District, San Mateo-Foster City Elementary School District
| Name | Grades | Distance |
|---|---|---|
San Mateo Park Elementary School 161 Clark Drive, San Mateo, CA 94402 | K-5 | 0.8 mi |
Borel Middle School 425 Barneson Avenue, San Mateo, CA 94402 | 6-8 | 2.1 mi |
San Mateo High School 506 North Delaware Street, San Mateo, CA 94401 | 9-12 | 0.4 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 422 Peninsula Ave
Date
Details
Price
Change
Source
11/26/2025
Price Reduced
$2,200,000
-37.14%
MLS
11/07/2025
Listed
$3,500,000
295.48%
MLS
10/14/2010
Sold
$885,000
—
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 422 Peninsula Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,928
—
$1,133,831
2%
2024
$13,928
3%
$1,111,600
2%
2023
$13,537
1%
$1,089,804
2%
2022
$13,340
1%
$1,068,436
2%
2021
$13,144
1%
$1,047,487
1%
2020
$12,999
5%
$1,036,748
2%
2019
$12,400
6%
$1,016,421
2%
2018
$11,719
2%
$996,492
2%
2017
$11,530
1%
$976,954
2%
2016
$11,414
2%
$957,799
2%
2015
$11,139
—
$943,413
2%
2014
$11,136
2%
$924,934
—
2013
$10,903
—
$920,754
—
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 422 Peninsula Ave
422 Peninsula Ave, San Mateo, CA 94401 (MLS# ML82027074) is a Triplex property with 0 bedrooms and 0 full bathrooms. 422 Peninsula Ave is currently listed for $2,200,000 and was received on November 07, 2025. Want to learn more about 422 Peninsula Ave? Do you have questions about finding other Triplex 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.

