2001 Alameda De Las Pulgas 172, San Mateo, California 94403, San Mateo, 94403 - 3 bed, 2 bath
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San Mateo, California 94403
This Townhouse-Style Condominium is a Strong Value Opportunity, listed at $867,000—positioned well below the $896,131 Fair Market Value by 3%. This valuation gap provides $29,131 in Instant Equity. While the property maintains a Functional Condition Rating, the dated interior offers significant potential for forced appreciation through cosmetic modernization. Residents enjoy resort-style amenities including indoor and outdoor pools and proximity to the top-rated Aragon High School. This is an ideal acquisition for Owner-Occupants looking to build equity or Buy-and-Hold Investors seeking a high-demand Peninsula asset.
Property is moderate renovation needed.
Built in 1974, the property is functional but significantly dated. The kitchen features original-style pink tile countertops and wood-trimmed cabinetry exceeding 30 years in age. Interior finishes include popcorn ceilings and older sliding glass doors, indicating a need for cosmetic updates and modernization throughout.
The gated community offers premium facilities including both indoor and outdoor swimming pools, a fitness center, and a recreation room, providing a high-end lifestyle experience.
Situated near Hillsdale Shopping Center and the College of San Mateo, the property is also zoned for highly-rated schools, including Aragon High School (Rating 8).
The 1,292-square-foot, two-story floor plan offers a three-bedroom configuration that provides more privacy and the feel of a single-family home compared to traditional single-level condos.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 60687.
The monthly HOA fee of $823 is relatively high, which significantly increases the total monthly carrying cost for potential buyers.
Built in 1974, the property may require modern updates or face higher long-term maintenance needs compared to newer residential developments in the area.
Three-Bedroom Condo with Resort Amenities. This 1,292-square-foot condominium at 2001 Alameda de las Pulgas #172 features a three-bedroom and two-bathroom layout within a private gated San Mateo community. The interior includes a two-story floor plan that offers a townhouse-style living experience. Residents of this complex enjoy access to premium amenities, including both indoor and outdoor swimming pools, a fitness center, a recreation room, and professionally landscaped grounds across a 1.39-acre lot. The property also provides a secure carport parking space and private patio areas. Situated in the Beresford Park area, the residence is located near the Hillsdale Shopping Center and the College of San Mateo. Nearby schools include Meadow Heights Elementary School, Abbott Middle School, and Aragon High School. This property offers a combination of spacious living and community security in a central Peninsula location, providing convenient access to local shopping, dining, and major transportation corridors.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 1,292 | 1,643 | 33% |
| Lot Size | 871.2 | 1,682.5 | 44% |
| Price | $867.0K | $1.60M | 11% |
| Price per sq ft | $671 | $951 | 6% |
| Built year | 1974 | 2015 | 11% |
| HOA | $823.0 | $522 | 94% |
| Days on market | 12 | 100 | 6% |
Apr 10, 2026
$867,000
Initial Listing