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709-711 9th Ave San Mateo, CA 94401 711 9th Ave 1420 Unit Apartment Building $2,628,300 CAD ($1,851 CAD/Unit) San Mateo, CA 94402
Investment Highlights
- Privacy, and walking distance to Downtown.
Executive Summary
ESTATE SALE!
A quaint & nicely landscaped Duplex, walking distance to Downtown!
Both units have their Private Driveway, Single Car Garage, and Laundry Hook-ups.
Front Unit is a 1 Bdrm, 1Bath, Fireplace, Tub Shower, and updated Kitchen Vintage 1940.
Rear Unit is a 3 Bdrm Townhouse style with Formal LR and DR, Kitchen & Half bath with a walkout to a private patio. Upstairs are 3 Bdrms with a Tiled Tub Shower Bathroom, Vintage1964.
Units were Reroofed 2015 and new lateral sewer lines replaced 2024.
This Is a great upside opportunity for an Owner Operator or Investor to raise rents to the current market rates, since existing Long-Term Tenants are on a on Month-to-Month tenancy.
A Contractors Report and Termite Report are available and interior viewing are subject to inspection with an accepted offer.
Broker is a fractional owner.
A quaint & nicely landscaped Duplex, walking distance to Downtown!
Both units have their Private Driveway, Single Car Garage, and Laundry Hook-ups.
Front Unit is a 1 Bdrm, 1Bath, Fireplace, Tub Shower, and updated Kitchen Vintage 1940.
Rear Unit is a 3 Bdrm Townhouse style with Formal LR and DR, Kitchen & Half bath with a walkout to a private patio. Upstairs are 3 Bdrms with a Tiled Tub Shower Bathroom, Vintage1964.
Units were Reroofed 2015 and new lateral sewer lines replaced 2024.
This Is a great upside opportunity for an Owner Operator or Investor to raise rents to the current market rates, since existing Long-Term Tenants are on a on Month-to-Month tenancy.
A Contractors Report and Termite Report are available and interior viewing are subject to inspection with an accepted offer.
Broker is a fractional owner.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$81,541
|
$32.46
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$81,541
|
$32.46
|
| Taxes |
$7,271
|
$2.89
|
| Operating Expenses |
$8,112
|
$3.23
|
| Total Expenses |
$15,384
|
$6.12
|
| Net Operating Income |
$66,158
|
$26.34
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $81,541 |
| Annual Per SF | $32.46 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $81,541 |
| Annual Per SF | $32.46 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,271 |
| Annual Per SF | $2.89 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $8,112 |
| Annual Per SF | $3.23 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,384 |
| Annual Per SF | $6.12 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $66,158 |
| Annual Per SF | $26.34 |
Property Facts
| Price | $2,628,300 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $1,851 CAD | Building Class | B |
| Sale Type | Investment | Building Size | 2,512 SF |
| No. Units | 1420 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1940/1964 |
| Zoning | RM0000 | ||
| Price | $2,628,300 CAD |
| Price Per Unit | $1,851 CAD |
| Sale Type | Investment |
| No. Units | 1420 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 2,512 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1940/1964 |
| Zoning | RM0000 |
Amenities
Unit Amenities
- Fireplace
- Eat-in Kitchen
- Hardwood Floors
- Dining Room
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 711 | $1,961 CAD | 982 |
| 3+1.5 | 709 | $4,834 CAD | 1,529 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 033-292-160 | Total Assessment | $158,740 CAD (2025) |
| Land Assessment | $48,132 CAD (2025) | Annual Taxes | $7,271 CAD ($2.89 CAD/SF) |
| Improvements Assessment | $110,608 CAD (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
033-292-160
Land Assessment
$48,132 CAD (2025)
Improvements Assessment
$110,608 CAD (2025)
Total Assessment
$158,740 CAD (2025)
Annual Taxes
$7,271 CAD ($2.89 CAD/SF)
Tax Year
2026 Payable 2026
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Janus Company
709-711 9th Ave San Mateo, CA 94401 | 711 9th Ave
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