1950 Ivy, San Mateo CA 94403 | $2,150,000

  • 7 bedrooms
  • 6 bathrooms
  • 4,428 Sq Ft
  • 5666 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1958
  • MLS#: ML82026122
  • Community: 699 - Not Defined

Listing provided courtesy of Regina Zabarte of Hello Hello Bay Area. Last updated 2025-11-09 09:19:18.000000. Listing information © 2025 SANDICOR.

JUST DROPPED: $2,150,000 1950 Ivy St, San Mateo Was $2.3M Now $150K Below Original! Discover Your Easy Path to Wealth: 1950 Ivy St, San Mateo NOW ONLY $2,150,000! Calling All Cash & Stock-Rich Investors! Tired of market volatility? Become a landlord overnight with this turnkey 6-unit cash cow in prime San Mateo just reduced $150K from $2.3M! Why 1950 Ivy Beats the Market (and Next Door): * $550K Built-In Equity Identical 1946 Ivy St sold for $2.7M last year * Unit 6 of 1950 is upgraded. Unit 5 was just vacated and ready for remodeling. * Month-to-Month Tenants Very Responsible Tenants, New Owner can push rents to $200K+ gross/year * Current Cash Flow: ~$150K gross, net $100K-$140K after expenses * Your 5-Year Wealth Plan (Buying at $2.15M) Passive Income: $500K+ net profit over 5 years Appreciation: +24%/yr $2.7M-$3M value by 2030! Equity Build: Tenants pay down your loan Tax Advantages: Depreciation + 1031upside. No stock risk. No hassle. Just collect checks. Steps from tech hubs, top schools, parks, and transit.

More Details

0.13 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985