217 8th Avenue 203, San Mateo, California 94401, San Mateo, 94401 - 2 bed, 2 bath

217 8th Avenue 203, San Mateo, California 94401 home-pic-0
ACTIVE$1,000,000
217 8th Avenue 203, San Mateo, California 94401
2Beds
2Baths
1,321Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Walk Score & Downtown Access: Located in the heart of downtown San Mateo, directly across from Central Park, offering unparalleled walkability to shops, dining, fitness, and entertainment.
Top Cons:
Substantial Monthly Association Fees: The $800 monthly association fee is a significant ongoing cost that impacts overall affordability and cash flow for owners.

Compared to the nearby listings

Price:$1.00M vs avg $520.0K (+$480,000)90%
Size:1,321 sqft vs avg 1,000 sqft76%
Price/sqft:$757 vs avg $65565%

More Insights

Built in 1981 (44 years old).
Condition: The property, built in 1981, has undergone significant and recent renovations, making it move-in ready. The kitchen is a highlight, featuring modern stainless steel appliances, crisp white cabinetry, quartz countertops, and a stylish tile backsplash, all appearing to be updated within the last 5-10 years. The bathrooms are also updated with clean, neutral finishes and subway tile. New light-toned flooring in the main living areas and fresh paint contribute to a bright and appealing aesthetic. While the unit presents very well and requires no immediate updates, some elements like the built-in shelving in the living room and the baseboard heating system indicate the building's age, preventing an 'Excellent' rating. The extensive updates align well with the 'Good' criteria of being extensively renovated within 5 to 15 years and being move-in ready with no immediate renovation required.
Year Built
1981
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$757
HOA
$800
Days on market
-
Sold On
-
MLS number
ML82020492
Home ConditionGood
Features
Good View: Neighborhood
Deck
ViewNeighborhood

About this home

Say Hello to your new address! 2 Bed/2 Bath one-level unit (no stairs) in the heart of downtown! Embrace a walkable lifestyle with Central Park across the street and vibrant Downtown as your backyard, filled with shops/dining/fitness, and entertainment. DETAILS TO LOVE: Bright, modern kitchen shines with stainless steel appliances, crisp white cabinetry, quartz counters, and stylish tile backsplash. Generous storage and layout make it as functional as it is beautiful + curved archway adds charm and warmth, leading into the dining area. The living room feels instantly comforting with its charming archway, built-in shelving for books and little treasures with mirrored back that reflects natural light, and a cozy fireplace that anchors the space. Sliding doors extend the living outdoors to a covered balcony, perfect for unwinding year-round. Primary suite. In-unit laundry for convenience. BUILDING: Furnished rooftop deck w/BBQ and sweeping views, secure 2-car parking, storage, Seamless access w/ButterflyMX, trash chutes/elevator. Dues cover water/garbage. All commutes are simplified with Caltrain just blocks away, quick freeway access,10 min to SFO, proximity to leading employers. BONUS: Unit can be rented, giving you flexibility whether you are buying as a home or an investment.

Nearby schools

3/10
Sunnybrae Elementary School
Public,K-50.4mi
6/10
Baywood Elementary School
Public,K-50.9mi
4/10
San Mateo Park Elementary School
Public,K-51.4mi
4/10
Laurel Elementary School
Public,K-52.3mi
6/10
Borel Middle School
Public,6-80.8mi
4/10
Abbott Middle School
Public,6-82.3mi
8/10
Aragon High School
Public,9-120.9mi
7/10
San Mateo High School
Public,9-121.2mi
Condition Rating
Good

The property, built in 1981, has undergone significant and recent renovations, making it move-in ready. The kitchen is a highlight, featuring modern stainless steel appliances, crisp white cabinetry, quartz countertops, and a stylish tile backsplash, all appearing to be updated within the last 5-10 years. The bathrooms are also updated with clean, neutral finishes and subway tile. New light-toned flooring in the main living areas and fresh paint contribute to a bright and appealing aesthetic. While the unit presents very well and requires no immediate updates, some elements like the built-in shelving in the living room and the baseboard heating system indicate the building's age, preventing an 'Excellent' rating. The extensive updates align well with the 'Good' criteria of being extensively renovated within 5 to 15 years and being move-in ready with no immediate renovation required.
Pros & Cons

Pros

Exceptional Walk Score & Downtown Access: Located in the heart of downtown San Mateo, directly across from Central Park, offering unparalleled walkability to shops, dining, fitness, and entertainment.
Commuter's Dream Location: Blocks from Caltrain, quick freeway access, and a short 10-minute drive to SFO, making it ideal for Bay Area commuters and frequent travelers.
Modernized Interior & Practical Layout: Features a bright, modern kitchen with stainless steel appliances and quartz counters, in-unit laundry, and a convenient one-level floor plan with no stairs.
Robust Building Amenities: The building offers a furnished rooftop deck with BBQ and sweeping views, secure 2-car parking, dedicated storage, and elevator access, enhancing lifestyle and convenience.
Investment Potential & Flexibility: The unit can be rented, providing excellent flexibility for both owner-occupants and investors seeking rental income.

Cons

Substantial Monthly Association Fees: The $800 monthly association fee is a significant ongoing cost that impacts overall affordability and cash flow for owners.
Building Age: Constructed in 1981, the building is over 40 years old, which may imply older common area systems or potential for future special assessments, despite unit updates.
Standard Neighborhood View: While the building boasts a rooftop deck with sweeping views, the unit itself offers a 'Neighborhood' view, lacking premium scenic vistas from its private balcony.

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