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177 N El Camino Real 2, San Mateo, California 94401, San Mateo, 94401 - 1 bed, 1 bath

177 N El Camino Real 2, San Mateo, California 94401 home-pic-0
ACTIVE$428,000
177 N El Camino Real 2, San Mateo, California 94401
1Bed
1Bath
710Sqft
Lot
Year Built
1949
Close
-
List price
$428K
Original List price
$499K
Price/Sqft
$603
HOA
$775
Days on market
-
Sold On
-
MLS number
ML82014432
Home ConditionFair
Features
Good View: Park/Greenbelt
Pool
Spa
ViewPark/Greenbelt

About this home

We found 3 Cons,5 Pros. Rank: price - $428.0K(37th), sqft - 710(20th), beds - 1(41th), baths - 1(45th).

Excellent opportunity to own walking distance to downtown San Mateo. Wrapped in mature foliage, El Cerrito Plaza is an established gem in one of San Mateo's most desirable neighborhoods. Flooded with natural light, unit #2, a first floor corner unit, is a charming, move-in ready home that invites your personal touches. Step inside to a welcoming foyer that leads to a spacious open concept living and dining area. Delightful galley-style kitchen equipped with modern amenities including an electric cooktop, newly re surfaced tile countertops, dishwasher, oven range and refrigerator. A separate hallway offers added privacy for the bedroom and full bath, making this layout both functional and serene. Hardwood floors, dual-pane windows & fresh paint throughout. Additional oversized storage closet provides ample room for gear, luggage, or hobby supplies. Tucked into a quiet back corner of the community, a gated pool w/spa awaits, complete w/dining tables, barbecues, and showers. Deeded parking spot directly in front of the unit plus ample additional parking. Laundry facility on site. HOA dues include water, garbage, heat, and common area ins. No rental restrictions. Minutes to public transportation, Caltrain, Millbrae BART, freeways, and SFO.

Nearby schools

4/10
San Mateo Park Elementary School
Public,•K-5•0.6mi
6/10
Borel Middle School
Public,•6-8•1.3mi
7/10
San Mateo High School
Public,•9-12•0.6mi

Price History

Date
Event
Price
11/25/25
Price Change
$428,000-4.7%
09/18/25
Price Change
$449,000-7.2%
09/05/25
Price Change
$484,030
07/11/25
Listing
$499,000
Condition Rating
Fair
The property, built in 1949, is described as 'move-in ready' with recent cosmetic updates such as fresh paint, hardwood floors, and dual-pane windows. However, the kitchen, while functional, features dated elements like resurfaced tile countertops and older-style double wall ovens, which, despite being called 'modern amenities' in the description, do not align with current aesthetic standards. The ceiling fan and mirrored closet doors also suggest an older renovation style. While well-maintained, the home shows signs of being aged and would benefit from more substantial updates to the kitchen and likely the bathroom to meet contemporary tastes. The absence of central air conditioning is also a factor. These elements place it in the 'Fair' category, indicating it's maintained but requires minor updates to modernize.
Pros & Cons

Pros

Exceptional Location & Connectivity: Walking distance to downtown San Mateo, situated in a desirable neighborhood, and offers excellent commuter access to public transportation (Caltrain, BART), freeways, and SFO.
Comprehensive Community Amenities: Residents benefit from a gated pool, spa, dining tables, barbecue areas, showers, and convenient on-site laundry facilities.
Recent Interior Upgrades: The unit features hardwood floors, dual-pane windows, fresh paint throughout, and a kitchen equipped with newly resurfaced tile countertops and modern appliances, making it move-in ready.
Inclusive HOA & Investment Flexibility: HOA dues cover essential utilities including water, garbage, heat, and common area insurance, with the added benefit of no rental restrictions, enhancing its investment potential.
Abundant Natural Light & Functional Layout: As a first-floor corner unit, it is flooded with natural light, boasts a spacious open-concept living and dining area, and offers a private hallway for the bedroom and bath.

Cons

Substantial Monthly HOA Dues: The $775 monthly HOA fee is relatively high for a 1-bedroom unit, which could impact overall affordability and long-term ownership costs despite its inclusions.
Absence of Central Air Conditioning: Built in 1949, the property likely lacks central air conditioning, which may be a comfort consideration during warmer months.
History of Price Reductions: Multiple price drops from the original listing price suggest potential market resistance or initial overpricing, which could indicate a longer time on market or perceived value challenges.

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