San Mateo County
An estate includes a two-to-four-unit property
When the estate owns a duplex, triplex, or fourplex and value depends on both residential market appeal and income-producing utility.
Small residential income properties differ from single-family homes because unit mix, rents, expenses, occupancy, and condition may influence buyer decisions.
San Mateo County estates often involve high-value Peninsula homes, coastal properties, condominiums, hillside residences, and long-held family property with substantial appreciation.
The appraiser may need leases, rent information, utility arrangements, and access to each unit to develop an appropriate residential income-property analysis.