3320 Shasta Drive

San Mateo, CA 94403

$2,299,000
Last Sold Price
Beds
3,261 Sq. Ft.
$705 / Sq. Ft.
3,261
Sq. Ft.
$705
per Sq. Ft.

Description

Discover a prime investment in San Mateo's Laurelwood neighborhood with this charming duplex. 3320 Shasta Drive offers 2 bedrooms and 2 baths, perfect for intimate living or hosting guests, while 3322 Shasta Drive features 4 bedrooms and 2 baths, ideal for a growing family or rental income. Thoughtfully refreshed with fresh exterior paint, revitalized cabinets, doors, and new light fixtures throughout. Step outside to a serene backyard for relaxation and outdoor enjoyment. This duplex presents a...Discover a prime investment in San Mateo's Laurelwood neighborhood with this charming duplex. 3320 Shasta Drive offers 2 bedrooms and 2 baths, perfect for intimate living or hosting guests, while 3322 Shasta Drive features 4 bedrooms and 2 baths, ideal for a growing family or rental income. Thoughtfully refreshed with fresh exterior paint, revitalized cabinets, doors, and new light fixtures throughout. Step outside to a serene backyard for relaxation and outdoor enjoyment. This duplex presents a lucrative opportunity to reside in one unit while earning rental income from the other, combining homeownership with financial flexibility. Near Laurelwood Park, Laurelwood Shopping Center, and easy access to highways 92, 101, and 280 for effortless commuting. Explore the spacious flat backyard, ideal for potentially incorporating an ADU (buyer should conduct their own research).
  1. Listed by Betcy Jacob • DRE #02000087 • Brokerage DRE #01908304 • Coldwell Banker Realty • 650-315-7060

Property Details for 3320 Shasta Drive

MLS City Name
SAN MATEO
Building Type
DUPLEX
Garage Spaces
4
Parking Spaces
4
LISTING UPDATED: 09/23/2024 03:26 PM

Property Details for 3320 Shasta Drive

StatusSold
MLS #ML81973823
Days on Compass54
Taxes$5,286 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1963
Lot Size0.25 AC / 10,676 SF
CountySan Mateo County

Building Information for 3320 Shasta Drive

Stories1Residences2Year Built1963Building Size-Lot Size0.25 AC / 10,676 SF

Property Information for 3320 Shasta Drive

Features
Features
  • Fireplace: No
  • Laundry: Hookups Only
  • Living SqFt: 3261
  • Pool: No
  • Security Features: Security Alarm
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan
  • Heating: Central Forced Air
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Laurelwood Etc.
  • Roof: Composition, Shingle
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 3320
  • Street Name: Shasta
  • Street Suffix: Drive
  • Area ID: 430
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 3261
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Ownership Type: Trust
  • Zoning Detail: R20000
Location Information
  • Parcel Number: 041-266-040
  • County Name: San Mateo
  • City Name: SAN MATEO
  • City Postal ID: 62
  • Postal Code: 94403
  • Elementary School District: 938
  • High School District Text: San Mateo Union High
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .25
  • 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: 0
General Information
  • Annual Tax Amount: $5,286
  • Building Unit Total: 2
  • Capitalization Rate: 3.69
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 4
Income / Expense Details
  • Expense Insurance: $8,715
  • Expense Landscape: $0
  • Expense Maintenance: $7,540
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $21,541
  • Operating Expenses Include: Insurance, Maintenance - Repair, Services - Gardener
  • Gross Rent Multiplier: 20.82
  • Income Annual Gross: $109,416
  • Income Annual Rental: $112,800
  • Income Gross Scheduled: $112,800
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $4,200
Unit 2 Information
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 4
  • Unit 2 Rent: $5,200

Property History for 3320 Shasta Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3320 Shasta Drive

Taxable ValueLand$40,835Additions$175,359Total$216,194
Tax Record2024$5,685 ($474 / month)
Home Facts
Baths4Total Finished SqFt3,261 SqFtAbove Grade Finished SqFt3,261 SqFtStories1Lot Size10,716 SqFtStyleDuplexYear Built1963ZoningR20000CountySAN MATEOAPN041-266-040Fireplace TypeHas Fireplace

Schools near 3320 Shasta Drive

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
Highlands Elementary School
PublicK to 5

Abbott Middle School
Public6 to 8

Hillsdale 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

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Similar Sold Homes

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Listing Courtesy of Coldwell Banker Realty, Betcy Jacob, DRE #02000087

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.