1021 S El Camino Real, San Mateo, CA 94402
- $4,500,000
- Sold Price
- $4,500,000
- List Price
- $4,880,000
- Closing Date
- Apr 24, 2026
- MLS#
- ML82027819
- Status
- SOLD
- Property Type
- com
- Lot Size
- 0.516
- Listing Area
- Hayward Park
- Year Built
- 1970
Property Description
Exceptional investment opportunity in San Mateo featuring a spacious 0.52-acre lot with ample on-site parking and outstanding potential for redevelopment. 1021 S El Camino Real is a highly visible, multi-tenant commercial property positioned on a prime corner along one of San Mateos main commercial corridors. The property offers 32 open parking spaces and includes two separate buildings: Building A, a 6,172 SF two-story structure with an upper-level tenant in place and a vacant ground floor ideal for office, medical, educational, or service-oriented uses; and Building B, a 1,600 SF freestanding building leased to a long-term commercial tenant, allowing the property to generate stable income. This rare offering combines strong street frontage, flexible use potential, and an unbeatable central location just minutes from Downtown San Mateo, major transportation routes, retail amenities, and the areas thriving business district. With its generous lot size, high visibility, and income-producing components, the property presents an exceptional opportunity for investors, owner-users, or developers seeking to capitalize on one of the Peninsulas most desirable and dynamic commercial environments.
Additional Information
- Acres
- 0.52
- Age
- 55
- Cooling System
- Central AC
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Guest / Visitor Parking, Parking Area
- Heating System
- Central Forced Air - Gas
- County
- San Mateo
- Neighborhood
- Hayward Park
- Other Utilities
- Other
- Present Use
- Commercial, Educational, Vacant
- Roof
- Shingle
- Sewer
- Sewer - Public
- Special Features
- Wheelchair Access
- Unincorporated Yn
- Yes
- Zoning
- EA00E4
Mortgage Calculator
Listing courtesy of Stanley Lo from Green Banker Realty. 650-373-0007
Selling Office: GRBA.
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