Incredible opportunity to reside in the highly sought-after neighborhood, just minutes from Downtown San Mateo. This property offers large lot with a city approved plan and approved building permit for a stunning 2,362 sqft home featuring three suites, an office, a full hallway bath, and a two-car garage. Moreover, this house invites new owners to infuse their personal touch and creativity, restoring its brilliance. Situated in a high-density R2 zoning area, it's perfect for generating rental income, brimming with potential. Survey report shows the lot size 6192 sqft. Don't miss this extraordinary opportunity! This home boasts a prime location near Downtown San Mateo, shopping and dining options, convenient access to highways, Caltrain, the airport, and a top-rated high school. Its proximity to San Francisco and Silicon Valley makes it an ideal choice!