115 Hobart Ave E, San Mateo, California 94402, San Mateo, 94402 - 2 bed, 2 bath
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San Mateo, California 94402
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $899,000—positioned well below the $896,457 Fair Market Value (priced at market stability). Featuring a Condition Rating of 3, the interior boasts modern white shaker cabinetry, stainless steel appliances, and consistent laminate flooring. Residents enjoy a private deck and indoor laundry, with seamless transit access via the Hayward Park Caltrain station. This property balances modern convenience with a functional layout, making it an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready San Mateo residence.
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.
The property is ideally situated near the Hayward Park Caltrain station and El Camino Real, offering seamless transit access for Bay Area professionals.
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.
With an association fee of $325, the monthly carrying costs are significantly lower than many comparable townhomes and condos in the San Mateo area.
The property has undergone four consecutive price reductions since its initial listing, which may lead to a 'stale' perception among prospective buyers.
Built in 1979, the unit may require modern cosmetic updates or system upgrades to meet the expectations of buyers looking for contemporary luxury finishes.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,158 | 1,730 | 25% |
| Lot Size | 8,613 | 1,448 | 75% |
| Price | $899.0K | $1.47M | 25% |
| Price per sq ft | $776 | $849 | 25% |
| Built year | 1979 | 1978 | 50% |
| HOA | $325.0 | $372 | 25% |
| Days on market | 178 | 75 | 0% |
May 23, 2026
$899,000
$920,888
-2% Price Drop
Initial Listing
Feb 20, 2026
$920,888
$940,888
-2% Price Drop
Initial Listing
Feb 5, 2026
$940,888
$964,888
-2% Price Drop
Initial Listing
Jan 15, 2026
$964,888
$989,989
-3% Price Drop
Initial Listing
Dec 10, 2025
$989,989
Initial Listing
Jan 29, 2015
$740,000
Public Record
May 12, 2011
$388,000
Public Record