This five-unit apartment building sits on a prime 8,809 sq ft corner lot in one of San Mateo's most sought-after locations. 126 N Ellsworth offers significant value-add potential for investors. 126 N Ellsworth is zoned R4, which supports a variety of potential uses, including high-density multifamily development. Rarely does a large corner lot become available in an A+ location like this. Boasting an impressive 94 Walk Score- this coveted address is just moments from vibrant Downtown San Mateo, charming shops, acclaimed restaurants, craft coffee spots, and in the heart of the Peninsulas leading AI, high-tech, and biotech companies. Just one block from Caltrain, it offers exceptional commuter convenience and strong rental demand. A premier opportunity for developers to create a high-end buildout in a location that exemplifies both lifestyle and accessibility.
Date | Details | Change |
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Price Reduced from $3,300,000 to $2,998,000 |
Scott Philip, Bay Area Estates.
Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2025 at 9:26pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.