
San Mateo, California 94401
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,398,888—positioned well below the $1,460,207 Fair Market Value by 4%. This valuation gap provides $61,319 in Instant Equity. Featuring a Condition Rating of 3, the home includes a modernized kitchen and upgraded HVAC system. While elementary school ratings are modest, the prime location near Coyote Point and waterfront trails offers an exceptional lifestyle. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1425 Royal Avenue Subject | $1,398,888* List Price | 3 | 2 | 1,190 | $1,227 | - |
A 1658 Lodi Avenue Sold | $1,525,000 | 3 | 2 | 1,080 | $1,412 | 0.4 mi |
B 220 Lindbergh Street Sold | $1,600,000 | 3 | 2 | 1,212 | $1,320 | 0.7 mi |
C 1540 Newbridge Avenue Sold | $1,480,000 | 3 | 2 | 1,540 | $961 | 0.3 mi |
D 1757 Newbridge Avenue Sold | $1,639,900 | 4 | 2 | 1,280 | $1,281 | 0.4 mi |
E 808 Patricia Sold | $1,450,000 | 3 | 2 | 1,310 | $1,107 | 0.3 mi |
F 1952 1952 Shoreview Ave Sold | $1,399,000 | 3 | 1 | 1,000 | $1,399 | 0.5 mi |
G 1440 Lodi Avenue Active | $1,450,000 List Price | 3 | 2 | 1,040 | $1,394 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the property is well-maintained and move-in ready with significant system upgrades including a newer HVAC and tankless water heater. The kitchen and bathrooms have been updated with stainless steel GE/Samsung appliances and stone countertops, likely within the 5-15 year range based on cabinetry style, meeting the criteria for a functional and updated home.
Ideally situated near Downtown San Mateo, Coyote Point, and waterfront trails, offering residents unparalleled access to premier dining, shopping, and outdoor recreation.
The home features significant high-value improvements, including a newer HVAC system, tankless water heater, and a fully updated kitchen with premium GE and Samsung appliances.
Meticulously maintained and move-in ready, this property eliminates the need for immediate post-purchase renovations, providing a seamless transition for the buyer.
The assigned elementary schools, Horrall and Parkside, carry lower ratings (2/10 and 4/10 respectively), which may be a deterrent for families prioritizing top-tier primary education.
With only 1,190 square feet of living space for a three-bedroom configuration, the interior may feel restrictive for larger families or those requiring dedicated home office space.
Beautifully updated 3BD/2BA home in a prime San Mateo Peninsula location near Downtown San Mateo, Coyote Point, waterfront trails, parks, dining, shopping, and major commuter routes. Thoughtfully maintained with major upgrades already completed, including HVAC system, and tankless water heater. Updated kitchen features newer GE and Samsung appliances, including gas stove, microwave, dishwasher, Insinkerator disposal, and instant hot water system. Additional updates include Samsung refrigerator and LG washer & dryer. Move-in ready with the perfect blend of comfort, convenience, and Bay Area lifestyle living. Dont miss this exceptional opportunity!Whether youre enjoying a quiet evening at home, entertaining guests, or heading out to explore nearby restaurants, Japanese gardens, waterfront parks, and Peninsula attractions, this location offers exceptional convenience with a true neighborhood feel. With extensive upgrades already completed and an unbeatable San Mateo location close to shopping, dining, recreation, and major commuter routes, this move-in-ready home is an incredible opportunity you wont want to miss. Come experience everything this home and community have to offer!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,190 | 1,353 | 26% |
| Lot Size | 5,219 | 5,508 | 41% |
| Price | $1.40M | $1.64M | 19% |
| Price per sq ft | $1.2K | $1.2K | 48% |
| Built year | 1950 | 1947 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 120 | 4% |
Jun 3, 2026
$1,398,888
Initial Listing
Oct 19, 2010
$475,000
Public Record