Back 1927 Palm Ave
Off Market

1927 Palm Ave

San Mateo CA 94403

2137 sq. ft.
4750 sq. ft.
Duplex
Last sold for $1,600,000
Stephen GuzzettiStephen Guzzetti, last sold this property on 16 April 2026 after 68 days on market.

Overview

1927-1929 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. 1931 & 1933 Palm Ave duplexes are just across the beautiful 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. The last set of interior photos are of 1927 when it was vacant. NEW Sewer Laterals! Please DO NOT go onto the property! Thank you.

Features

2137 sq. ft. floor area
4750 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in San Mateo over the last 12 months, the estimated median property value of 1927 Palm Ave is $1.7m.

Median value
$1.7m
Estimated value range
$1.52m - $2.44m
Median days on market
16
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in San Mateo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1927 Palm Ave

2026
Sold
$1,600,000
16 Apr 2026 by Stephen Guzzetti, of Intero Real Estate Services
2015
Sold
$1,075,000
02 Sep 2015 by Mark Johnson, of Coldwell Banker Realty

Happy sellers in San Mateo

90%
90% of sellers in San Mateo reported that their sale price either exceeded or met their price expectations.

San Mateo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in San Mateo over the last 12 months.

Local market activity for duplexes in San Mateo

In the last 12 months, 9 duplexes similar to 1927 Palm Ave, have been sold.

This represents a 66% decrease in duplexes sales when compared to the previous 12 months.

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