20 W 3rd Avenue 202, San Mateo, California 94402, San Mateo, 94402 - 2 bed, 3 bath
20 W 3rd Avenue 202
San Mateo, California 94402
Property Price
SUMMARY
Analysis of 20 W 3rd Avenue 202, San Mateo, California 94402 is currently available with a list price of $1,680,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years, featuring premium walnut flooring, designer lighting, and a modern kitchen with Quartzite countertops and stainless steel appliances. All bathrooms have been fully remodeled to contemporary luxury standards, and the unit shows no signs of deferred maintenance, effectively neutralizing the 1980 original build date.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Modern Remodel
The unit features a sophisticated renovation with walnut flooring, Quartzite countertops, and designer lighting, offering a move-in-ready luxury experience with high ceilings and expansive windows.
- Extensive Building Amenities
The Towers provides a comprehensive lifestyle package including a door attendant, gym, pool, spa, sauna, game room, and sport court, which is rare for the area.
- Prime Downtown Location
Situated just steps from downtown San Mateo's dining and shopping, the property also benefits from proximity to highly-rated schools like Aragon High.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $2,275 is significantly high and may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Building Age
Built in 1980, the complex may face upcoming capital improvement projects or maintenance requirements typical of older high-rise structures despite the individual unit's modern interior.
About 20 W 3rd Avenue 202
Incredible Price! Chic remodeled 2BR/2.5BA unit at the Towers near downtown San Mateo. Custom elements include walnut flooring, designer lighting, high ceilings and walls of windows. An expansive living room opens onto a private patio. The stunning kitchen has Quartzite countertops, wine refrigerator and sleek stainless appliances. Each bedroom is ensuite with beautifully remodeled baths plus ample closet space. Complex includes door attendant, gym, pool with spa, sauna, game room, meeting room and sport court. 2 designated parking spaces plus storage room.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2275.0 / Month
Neighborhood Insights
San Mateo Unified Schools
Baywood Elementary School
Grades K-5 • 0.7 mi
Borel Middle School
Grades 6-8 • 0.9 mi
Aragon High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 1,800 | 1,352 | 56% |
| Lot Size | - | - | 50% |
| Price | $1.68M | $1.07M | 78% |
| Price per sq ft | $933 | $789 | 78% |
| Built year | 1980 | 1988 | 44% |
| HOA | $2275.0 | $1.3K | 67% |
| Days on market | 11 | 211 | 11% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,680,000
Initial Listing
Price Change
Feb 24, 2026
$1,850,000
Initial Listing
Sold
Jun 9, 2021
$1,725,000
Public Record
Sold
Apr 15, 2014
$1,230,000
Public Record