1 Baldwin Avenue 822, San Mateo, California 94401, San Mateo, 94401 - 1 bed, 2 bath
Loading property details...
San Mateo, California 94401
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well above the $246,549 Fair Market Value by -68%. Featuring a Poor Condition Rating due to its 1988 build and dated interior, the unit requires a full cosmetic rehab. While the Indoor Heated Pool, Gym, and EV Level 2 Hookup offer unique lifestyle perks, the $7,290 monthly HOA fee and age-restricted retirement community status significantly limit the buyer pool. This asset is best suited for Buy-and-Hold Investors or Retirees seeking specific community amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Baldwin Avenue 822 Subject | $415,000* List Price | 1 | 2 | 1,112 | $222 | - |
A 1 Baldwin Avenue 911 Sold | $295,000 | 2 | 2 | 1,125 | $262 | 0.0 mi |
B 1 Baldwin Avenue Unit 217 Sold | $365,896 | 2 | 2 | 1,400 | $261 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1988 (36 years old) and lacks mention of recent renovations, placing it in the poor category based on age. The interior features dated carpet flooring and standard appliances that require a full cosmetic rehab to modernize.
The unit is well-equipped for modern living with central air conditioning, in-unit laundry, and a rare Level 2 EV charging hookup in the garage.
Residents enjoy a resort-style lifestyle with access to an indoor heated pool, spa, gym, workshop, and a dedicated kennel/dog run.
Situated in a highly desirable area, the property is within easy walking distance to the vibrant dining and shopping options of downtown San Mateo.
The association fee is exceptionally high at $7,290 per month, which significantly increases the total cost of ownership and may deter budget-conscious buyers.
As a specialized retirement community, the property is restricted to a specific age-based demographic, which limits the pool of potential buyers and future resale liquidity.
Located in San Mateo, this home offers a one-bedroom, one-den, two-bathroom layout with 1,112 square feet of living space. The kitchen is equipped with an electric oven range, refrigerator, dishwasher, and garbage disposal, providing essential appliances for meal preparation. Carpet flooring extends throughout the home, complemented by central forced air heating and central air conditioning for year-round comfort. Laundry needs are met with an in-unit washer and dryer. The property includes a garage with an electric vehicle Level 2 (240 volts) hookup. Additional features include a walk-in closet and a security gate. The outdoor amenities feature an indoor heated pool and spa with jetted hot tub capabilities. Existing structures on the property include a gym, kennel/dog run, pool house, shed, storage facility, and workshop. The home is located within a beautiful retirement community, within easy walking distance of downtown San Mateo.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,112 | 990 | 59% |
| Lot Size | - | - | 50% |
| Price | $415.0K | $675.0K | 14% |
| Price per sq ft | $373 | $722 | 11% |
| Built year | 1988 | 1982 | 76% |
| HOA | $7290.0 | $681 | 92% |
| Days on market | 39 | 120 | 3% |
Apr 28, 2026
$415,000
Initial Listing