115 Hobart Ave E, San Mateo, California 94402, San Mateo, 94402 - 2 bed, 2 bath
115 Hobart Ave E
San Mateo, California 94402
Property Price
SUMMARY
Analysis of 115 Hobart Ave E, San Mateo, California 94402 is currently available with a list price of $920,888. 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 in move-in ready condition and has been extensively renovated to modern standards. The kitchen features updated white shaker-style cabinetry, dark stone countertops, and a full suite of stainless steel appliances. The bathrooms have been modernized with updated vanities, stone tops, and contemporary fixtures. Throughout the home, there is consistent wood-look laminate flooring and recessed lighting, which compensates for the 1979 build year. While the systems and structure are older, the interior finishes are well-maintained with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
The property is ideally situated near the Hayward Park Caltrain station and El Camino Real, offering seamless transit access for Bay Area professionals.
- Functional Layout & Amenities
Spanning 1,158 square feet, the floor plan includes highly sought-after features such as indoor laundry, a private deck, and a primary suite retreat.
- Competitive Association Fees
With an association fee of $325, the monthly carrying costs are significantly lower than many comparable townhomes and condos in the San Mateo area.
CONSRISKS & DEFICIENCIES
- Market Stagnation
The property has undergone four consecutive price reductions since its initial listing, which may lead to a 'stale' perception among prospective buyers.
- Vintage Construction
Built in 1979, the unit may require modern cosmetic updates or system upgrades to meet the expectations of buyers looking for contemporary luxury finishes.
About 115 Hobart Ave E
Welcome to this charming 2-bedroom, 2-bathroom condo that perfectly balances modern convenience with thoughtful design. Spanning 1,158 square feet, this delightfully appointed residence offers an intelligent layout that maximizes every inch of living space while maintaining an airy, welcoming atmosphere. The heart of this home beckons with its well-conceived floor plan, where the primary bedroom provides a serene retreat alongside a secondary bedroom that adapts beautifully to your lifestyle needs. Two full bathrooms ensure morning routines flow smoothly, while the thoughtful configuration creates natural privacy zones throughout. Indoor laundry. Step outside to discover your own private deck, an enchanting outdoor sanctuary perfect for morning coffee contemplation or evening entertainment with friends. Convenience takes center stage with dedicated parking. The surrounding neighborhood radiates charm and practicality, placing you within easy reach of essential amenities. Safeway sits just minutes away for grocery runs. Transportation connectivity shines with Hayward Park train station and El Camino Real bus stops providing seamless access to the broader Bay Area. Whether commuting to work or exploring weekend adventures, your gateway awaits just moments from you doorsteps.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1979
- Lot Size
- 8,613 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $325.0 / Month
Neighborhood Insights
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 | 2.5 | 50% |
| Square foot | 1,158 | 1,190.5 | 50% |
| Lot Size | 8,613 | 4,306.5 | 50% |
| Price | $920.9K | $1.02M | 50% |
| Price per sq ft | $795 | $858 | 50% |
| Built year | 1979 | 1996 | 50% |
| HOA | $325.0 | $398 | 50% |
| Days on market | 87 | 129 | 50% |
Pricing History
Listed for Sale
Feb 20, 2026
$920,888
$940,888
-2% Price Drop
Initial Listing
Price Change
Feb 5, 2026
$940,888
$964,888
-2% Price Drop
Initial Listing
Price Change
Jan 15, 2026
$964,888
$989,989
-3% Price Drop
Initial Listing
Price Change
Dec 10, 2025
$989,989
Initial Listing
Sold
Jan 29, 2015
$740,000
Public Record
Sold
May 12, 2011
$388,000
Public Record