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$1,780,000 Just Listed
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Property Description
422-426 Peninsula Ave presents a rare owner-user or investment opportunity located on the border of San Mateo and Burlingame (Currently 100% Vacant, Situated on a 6,098 square foot parcel of land, the subject property was originally constructed in 1954, offering approximately 3,456* square feet of net rentable square feet. 422-426 Peninsula Ave is currently built out as 3 separate suites but can be reconfigured to cater leasing needs. The property benefits from its strategic Peninsula Ave location, providing convenient access to both San Mateo and Burlingame and proximity to major transportation corridors, established residential neighborhoods, and a broad range of retail and commercial amenities. The surrounding area features a diverse mix of office, flex, retail, and residential uses, supporting the property's appeal to a variety of local businesses and professional users. With its attractive Peninsula location, flexible configuration, and multiple potential use strategies, 422-426 Peninsula Ave offers a compelling opportunity for an owner-user or investor seeking well-located commercial real estate in the San Mateo/Burlingame market.
Full Property Details
Full Property Details for 422 Peninsula Ave
General
- Price: $1,780,000
- Status: Active
- Type: Industrial
- Source: RE_Infolink
- MLS ID: ML82065454
- Updated: 10/22/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Front Sign, Kitchen, Meeting Facilities, Multi-Tenant Building, Office, Private Restrooms
Additional Information
- Extras: Not Applicable
- Security/Safety: Fire Alarm , Video / Audio System
Parking
- Parking Features: Parking Area
Location
- Area: Eastern Addition/Downtown Area
- County: San Mateo
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Separate Electric, Separate Gas
Structural Information
- # Buildings: 1
- Foundation: Concrete Slab
- Roof: Flat / Low Pitch
- Disability Access: Parking
- Square Feet: 3,456
- Office: 3,456 Sq. Ft.
- Year Built: 1954
Unit Information
- Units in Complex: 3
Lot Features
- Minimum Lot Size: 6098
- Lot Size (Sq. Ft.): 6,098
- Yard Description: 200 Sq. Ft.
- Present Use: Commercial, Educational, Mixed, Retail, Vacant
- Zoning: EA00E2
Disclosures and Reports
- Restrictions: None
Listed by Marcus & Millichap, Cole Simpson
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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 ATTOM Data Solutions 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
10/22/2026
Listed
$1,780,000
101.13%
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
2025
$14,146
—
$1,156,507
2%
2025
$14,146
2%
$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# ML82065454) is a Industrial property. 422 Peninsula Ave is currently listed for $1,780,000 and was received on October 22, 2026. Want to learn more about 422 Peninsula Ave? Do you have questions about finding other Industrial real estate for sale in Edgewater Isle? You can browse all Edgewater Isle real estate or contact a Coldwell Banker agent to request more information.

