1640 Lodi Avenue, San Mateo, California 94401, San Mateo, 94401 - 3 bed, 2 bath
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San Mateo, California 94401
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $1,499,888—positioned well below the $1,543,992 Fair Market Value by 2%. This valuation gap offers $44,104 in Instant Equity. Featuring a Mint Condition Rating, the home includes a 2024 roof, owned solar, and a versatile 3-bedroom layout with flex rooms. Located near the Bay Trail and Aragon High, this property is an ideal acquisition for Owner-Occupants or discerning professionals seeking a modern, energy-efficient sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1640 Lodi Avenue Subject | $1,499,888* List Price | 3 | 2 | 1,516 | $1,018 | - |
A 1540 Newbridge Avenue Sold | $1,480,000 | 3 | 2 | 1,540 | $961 | 0.6 mi |
B 1757 Newbridge Avenue Sold | $1,639,900 | 4 | 2 | 1,280 | $1,281 | 0.6 mi |
C 1425 Royal Avenue Pending | $1,398,888 List Price | 3 | 2 | 1,190 | $1,176 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features extensive recent renovations including a new 2024 roof, 5-zone mini-split HVAC, and upgraded 200-amp electrical service. Both the kitchen and bathrooms have been fully remodeled with modern finishes, and the home includes high-end updates like owned solar, EV charging, and new windows, placing it in mint condition.
The property is equipped with high-value modern upgrades including owned solar, a new 2024 roof, 5-zone mini-split HVAC, and EV charging, offering significant energy savings and turnkey convenience.
The unique floor plan features an attached bonus/flex room for every bedroom, effectively providing dedicated spaces for home offices, nurseries, or guest overflow that cater to modern work-from-home needs.
Backing to Leslie Creek with no rear neighbors, the home offers a rare sense of privacy and a serene outdoor setting while remaining within walking distance to schools and the Bay Trail.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1516, other record living area = 1080.
A significant gap exists between county records (1,080 sq ft) and the recent appraisal (1,516 sq ft), which may present challenges with financing, appraisals, or future resale valuations.
While the home is assigned to the highly-regarded Aragon High, the local elementary school carries a low rating, which may be a deterrent for families prioritizing early-stage public education.
Beautifully updated San Mateo home featuring owned solar, a new in 2024 shingle roof, 5-zone mini-split AC/heating, upgraded 200-amp electrical service, EV charging, and extensive interior updates. Offering 3 bedrooms, 2 bathrooms, each bedroom includes an attached bonus/flex room ideal for a home office, nursery, study, fitness room, or guest overflow. The remodeled kitchen features updated plumbing, electrical, venting, cabinetry, countertops, appliances, a gas range, refrigerator water line, and waterproof wood-look flooring. Both bathrooms have been tastefully remodeled. Additional improvements include updated insulation and drywall, recessed lighting, updated windows, a Renewal by Andersen door, front and rear fencing, synthetic turf, backyard sod and irrigation, decks, and new carpet in the three flex rooms. Outdoor living includes a large gated and enclosed front yard that feels like a private garden/courtyard, plus a private backyard with no rear neighbors, backing to Leslie Creek. Conveniently located near the Bay Trail, within walking distance of two K8 schools, and currently assigned to Aragon High. Per the 2025 appraisal and floor plan, the home measures approximately 1,516 sq ft. County records reflect 1,080 sq ft. Buyers should verify all information.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,516 | 1,840 |
| Lot Size | 5,508 | 6,059 |
| Price | $1.50M | $2.27M |
| Price per sq ft | $989 | $1.4K |
| Built year | 1954 | 1950 |
| HOA | $0 | $600 |
| Days on market | 37 | 29 |
Jul 9, 2026
$1,499,888
$1,298,888
+15% Price Increase
Initial Listing
Jun 15, 2026
$1,298,888
Initial Listing
Oct 5, 2020
$1,020,000
Public Record