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Closed
- Listed price
- $1,839,000
- Listed Jun 13, 2023
- Sold price
- $1,650,000
- Sold Aug 8, 2023
12,225 sqft lot|1937 Built|34 days listed
45 E 40th Ave, San Mateo, CA 94403
Property Description
Big price reduction! Great value!! 45 East 40th Ave is a 5 unit building that is in close proximity to renowned Hillsdale shopping center which adds to this investment opportunity. Big units and lots of open space for all tenants. Units 1,2,3 have private garages and units 4 & 5 have large carports. Units 4 and 5 have large backyards. Units 1&3 have large patio's and unit 2 has large deck area off entry. All five units have their own electric meters plus house meter. Units separately metered for water as all have their own water meter was well as hot water heaters. 4 Gas meters so 2 units share. Contact your realtor as we have 3 tours dates to view all units.
Listing agent: Wayne GomesDRE #00673914wgomes@cbnorcal.com, Listing office: Coldwell Banker Realty
MLS data updated 10/21/2026, 4:31:43 PM PT
Source: CRMLSMLS #: ML81931687
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,650,000
Aug 8, 2023
Available records32023
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,650,000Closed sale · Aug 8, 2023ZIP 94403 · Aug 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 3 price recordsJun 13, 2023 – Aug 8, 2023
ZIP 94403 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.