111 111 Saint Matthews Ave 304, San Mateo, California 94401, San Mateo, 94401 - 2 bed, 2 bath
111 111 Saint Matthews Ave 304
San Mateo, California 94401
Property Price
SUMMARY
Analysis of 111 111 Saint Matthews Ave 304, San Mateo, California 94401 is currently available with a list price of $998,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Mateo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a recently updated kitchen and brand-new carpeting throughout. While the building was constructed in 2000, the interior updates, open-concept layout, and functional systems align with the 'good' condition criteria, requiring no immediate renovations for a new owner.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Ideally situated near downtown San Mateo, Caltrain, and major commute routes, this property offers exceptional accessibility for professionals and urban lifestyle seekers.
- Spacious Modern Layout
The generous 1,348 sq ft open-concept floor plan features an updated kitchen and new carpeting, providing a move-in-ready space that feels significantly larger than typical two-bedroom units.
- Valuable Urban Amenities
The unit includes highly desirable features for condo living, such as two dedicated parking spaces, in-unit laundry, and a private balcony, enhancing both convenience and resale value.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $962 per month is relatively high, which may deter budget-conscious buyers and impact overall affordability and loan qualification.
- Inconsistent School Ratings
While the local high schools are highly rated, the assigned elementary school has a lower rating of 3, which could be a drawback for families with young children.
About 111 111 Saint Matthews Ave 304
Welcome to easy, elevated living in this bright and airy 2BD/2BA condo offering 1,348 sq ft of thoughtfully designed single-level space in a secure elevator building. Located on the third floor, the open-concept layout features new carpet and an updated kitchen that flows seamlessly into the living and dining areas—ideal for everyday living and entertaining. Large bedroom windows fill the home with natural light, while a private balcony provides the perfect spot for morning coffee. Additional highlights include in-unit laundry, two dedicated parking spaces, and access to a beautifully maintained courtyard. Conveniently located near downtown amenities, parks, Caltrain, and major commute routes, offering an easy and connected San Mateo lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2000
- Lot Size
- 37,687 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $962.0 / Month
Neighborhood Insights
San Mateo Unified Schools
San Mateo Park Elementary School
Grades K-5 • 0.8 mi
Sunnybrae Elementary School
Grades K-5 • 0.9 mi
Baywood Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,348 | 1,097.5 | 74% |
| Lot Size | 37,687 | - | 96% |
| Price | $998.0K | $526.5K | 87% |
| Price per sq ft | $740 | $600 | 70% |
| Built year | 2000 | 1988 | 91% |
| HOA | $962.0 | $960 | 50% |
| Days on market | 23 | 214 | 2% |
Pricing History
Listed for Sale
Mar 5, 2026
$998,000
$1,199,000
-17% Price Drop
Initial Listing
Price Change
Feb 12, 2026
$1,199,000
Initial Listing
Sold
May 18, 2018
$1,073,000
Public Record
Sold
Oct 29, 2012
$650,000
Public Record
Sold
Apr 28, 2000
$470,000
Public Record