
San Mateo, California 94401
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $748,000—positioned well below the $765,575 Fair Market Value by 2%. This valuation gap provides $17,575 in Instant Equity. Featuring a Condition Rating of 3, the unit offers modern upgrades including a remodeled kitchen and new windows. While the elementary school rating is low, the proximity to San Mateo High School and major commuter routes adds significant appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready Peninsula residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 N Bayshore Boulevard 315 Subject 2 bd · 2 ba · 1,073 sqft · $689 | $730,000* List Price | 2 | 2 | 1,073 | $689 | - |
A 340 Grand Boulevard 12 Sold 2 bd · 2 ba · 1,000 sqft · $675 · 0.8 mi | $675,000 | 2 | 2 | 1,000 | $675 | 0.8 mi |
B 815 N Humboldt Street 508 Sold 2 bd · 1 ba · 903 sqft · $753 · 0.6 mi | $680,000 | 2 | 1 | 903 | $753 | 0.6 mi |
C 803 N Humboldt Street 405 Sold 1 bd · 1 ba · 772 sqft · $719 · 0.6 mi | $555,000 | 1 | 1 | 772 | $719 | 0.6 mi |
D 821 N Humboldt Street 301 Sold 1 bd · 1 ba · 758 sqft · $726 · 0.6 mi | $550,000 | 1 | 1 | 758 | $726 | 0.6 mi |
E 803 N Humboldt Street 210 Sold 2 bd · 1 ba · 983 sqft · $700 · 0.6 mi | $688,000 | 2 | 1 | 983 | $700 | 0.6 mi |
F 200 Elm Street 107 Sold 1 bd · 1 ba · 865 sqft · $635 · 0.8 mi | $548,888 | 1 | 1 | 865 | $635 | 0.8 mi |
G 800 N Delaware Street 310 Sold 1 bd · 1 ba · 693 sqft · $753 · 0.7 mi | $522,000 | 1 | 1 | 693 | $753 | 0.7 mi |
H 240 N Bayshore Boulevard 307 Active 2 bd · 2 ba · 1,020 sqft · $711 · 0.0 mi | $725,000 List Price | 2 | 2 | 1,020 | $711 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982, this condo has been well-maintained and features a recently remodeled kitchen with modern shaker cabinets and stone countertops, as well as an updated bathroom vanity. While heating systems appear to be original baseboard units, the addition of all-new windows and updated laminate flooring makes this property completely functional and move-in ready.
As a top-floor end unit with a split-bedroom floor plan, this condo offers superior privacy and quiet compared to standard units, making it ideal for roommates or families.
The property features a remodeled kitchen with newer appliances, laminate flooring, and energy-efficient new windows, ensuring a move-in-ready experience for the buyer.
Ideally situated near Highway 101 and the Bay Trail, the home provides excellent access to major Peninsula employers and the vibrant downtowns of San Mateo and Burlingame.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1079, other record lot size in square feet = 63584. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1073, other record living area = 1020.
The $700 monthly association fee is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for some buyers.
The assigned elementary school has a low rating (2/10), which could be a significant drawback for families prioritizing high-performing primary education.
Welcome to 240 N Bayshore Boulevard #315, a beautifully updated 2-bedroom, 2-bathroom condo offering 1,073 square feet of living space in a quiet, desirable location. Tucked at the rear of the building, this wonderful top-floor end unit enjoys added privacy. The thoughtfully designed floor plan features two separate bedroom wings, creating excellent privacy and separation between the primary suite and secondary bedroom. The spacious primary bedroom offers ample closet space and a private en suite bath, while beautiful laminate flooring flows throughout the living areas. The remodeled kitchen features newer appliances and opens to the main living space, creating a functional setting for everyday living and entertaining. In-unit laundry and all-new windows add convenience, comfort, and efficiency. Additional features include a private storage room, two-car parking, and community amenities, including an outdoor hot tub, clubhouse, courtyard, and gym. Ideally located with easy access to Highway 101, this home is perfectly positioned for commuters and outdoor enthusiasts alike. Enjoy close proximity to the Bay Trail and Coyote Point, as well as the vibrant downtowns of Burlingame and San Mateo. This is a wonderful place to call home in a prime Peninsula location.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.9 |
| Baths | 2.0 | 1.4 |
| Square foot | 1,073 | 1,012.867 |
| Lot Size | 1,079 | 11,315.511 |
| Price | $730.0K | $745.6K |
| Price per sq ft | $680 | $786 |
| Built year | 1982 | 1981 |
| HOA | $700.0 | $818 |
| Days on market | 44 | 65 |
Oct 6, 2026
$730,000
$748,000
-2% Price Drop
Initial Listing
Sep 11, 2026
$748,000
Initial Listing
Sep 22, 2022
$735,000
Public Record
Aug 29, 1995
$134,000
Public Record