1540-1542 Jasmine Street

San Mateo, CA 94402

$1,888,000
Price
Beds
1,989 Sq. Ft.
$949 / Sq. Ft.
1,989
Sq. Ft.
$949
per Sq. Ft.

Description

Rare opportunity to own a duplex in the highly desirable Baywood Homestead neighborhood of San Mateo! Great opportunity for both owner occupied buyers or investors! Each unit has 2 bedrooms and 1 bath, with a private attached garage. Just finished full renovation of electrical in both units, including new wiring, recessed lighting and TWO new EV 240v car charging outlets. New sewer lateral in 2024. Freshly painted exterior and very well maintained! Terrific commute access, walk one block to Starbucks,...Rare opportunity to own a duplex in the highly desirable Baywood Homestead neighborhood of San Mateo! Great opportunity for both owner occupied buyers or investors! Each unit has 2 bedrooms and 1 bath, with a private attached garage. Just finished full renovation of electrical in both units, including new wiring, recessed lighting and TWO new EV 240v car charging outlets. New sewer lateral in 2024. Freshly painted exterior and very well maintained! Terrific commute access, walk one block to Starbucks, Safeway and nearby award-winning Baywood schools.

Listing Agent

  1. Michael Warren

    Michael Warren

    Listing Agent

    Compass

    DRE #01968537

Property Details for 1540-1542 Jasmine Street

MLS City Name
San Mateo
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
0
Cross Street
Alameda De Las P
LISTING UPDATED: 11/15/2024 02:38 PM

Property Details for 1540-1542 Jasmine Street

StatusActive
MLS #ML81985792
Days on Compass6
Taxes$17,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1942
Lot Size0.11 AC / 5,000 SF
CountySan Mateo County

Building Information for 1540-1542 Jasmine Street

Stories1Residences2Year Built1942Building Size-Lot Size0.11 AC / 5,000 SF

Property Information for 1540-1542 Jasmine Street

Features
Features
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Laundry: Hookups Only
  • Living SqFt: 1989
  • Pool: No
  • Security Features: Secured Garage / Parking
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Other
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Homestead / Husing Subdivision
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 1540-1542
  • Street Name: Jasmine
  • Street Suffix: Street
  • Area ID: 435
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 1989
  • Structure SqFt Source: Assessor
  • Age: 82
Development Information
  • Zoning Detail: RM0000
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 034-412-160
  • County Name: San Mateo
  • City Name: San Mateo
  • City Postal ID: 62
  • Postal Code: 94402
  • Elementary School: 608
  • Elementary School District: 938
  • Middle School Text: Borel Middle
  • High School District Text: San Mateo Union High
  • High School Text: Aragon High
Lot Information
  • Foundation: Other
  • Horse Property: No
  • Lot Acres: .11
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $17,000
  • Building Unit Total: 2
  • Capitalization Rate: 2.58
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,000
  • Expense Landscape: $1,800
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $2,400
  • Expenses Total: $23,200
  • Operating Expenses Include: Maintenance - Capital Improvements, Services - Gardener
  • Gross Rent Multiplier: 26.22
  • Income Annual Gross: $72,000
  • Income Annual Rental: $72,000
  • Income Gross Scheduled: $72,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 994
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,000
Unit Type 1
  • Unit Type1 Approx SqFt: 995

Property History for 1540-1542 Jasmine Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1540-1542 Jasmine Street

This home is within San Mateo Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Baywood Elementary School
PublicK to 5

Borel Middle School
Public6 to 8

Aragon High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1540-1542 Jasmine Street is a multi-family home for sale in San Mateo, CA 94402. This property was listed for sale on November 15, 2024 by Compass, it's currently listed at $1,888,000. This listing's school districts are San Mateo Union High School District, San Mateo-Foster City School District. Nearby schools include Baywood Elementary School, Borel Middle School and Aragon High School. 1540-1542 Jasmine Street is a 0-bed, 0-bath, 1,989 sqft multi-family home built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Michael Warren, DRE #01968537

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.