2425 Alameda De Las Pulgas, San Mateo, California 94403, San Mateo, 94403 - 5 bed, 2 bath
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2425 Alameda De Las Pulgas
San Mateo, California 94403
ACTIVE
CONDITION: FAIR
5Beds
2Baths
2,785Sq Ft
4,600Lot Size
Property Price
LIST PRICE$2,198,000
EST. MARKET VALUE
$2,132,055
3% AboveMARKET VALUE
SUMMARY
This Spacious Traditional Home represents a High-Potential Investment Opportunity, listed at $2,198,000—positioned slightly above the $2,132,056 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and 2,785 sqft footprint offer a rare canvas for value-add renovations. The flexible layout, including a finished attic and ADU potential, provides significant utility. Located in the desirable Beresford Park neighborhood near Hillsdale High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic upgrades.
Estimated Market Value
$2,132,055
Based on Realkey algorithm analyzing recent comparable sales in San Mateo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2425 Alameda De Las Pulgas Subject 5 bd · 2 ba · 2,785 sqft · $766 | $2,198,000* List Price | 5 | 2 | 2,785 | $766 | - |
A 3010 Alameda De Las Pulgas Sold 4 bd · 2 ba · 2,020 sqft · $943 · 0.5 mi | $1,905,000 | 4 | 2 | 2,020 | $943 | 0.5 mi |
B 303 30th Avenue Sold 3 bd · 3 ba · 2,140 sqft · $1,005 · 0.6 mi | $2,150,000 | 3 | 3 | 2,140 | $1,005 | 0.6 mi |
C 3034 Beverly Sold 3 bd · 3 ba · 2,401 sqft · $789 · 0.6 mi | $1,895,000 | 3 | 3 | 2,401 | $789 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1947 and lovingly maintained by the same family since the 1960s, the home is functional and move-in ready but distinctly dated. The kitchen features older oak cabinetry and appliances from a previous renovation (>15-20 years ago), and the listing notes it is ready for a new owner to bring their own vision, indicating a need for cosmetic updates throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Flexible Layout & ADU Potential
The 5-bedroom configuration includes a finished attic and an upstairs level with potential for an ADU, providing excellent versatility for multi-generational living or rental income.
- Prime Neighborhood Location
Located in the desirable Beresford Park area, the home offers convenient access to top-tier amenities, parks, and major commute routes throughout the Peninsula and Silicon Valley.
- Substantial Living Space
Boasting 2,785 square feet, this residence offers significantly more interior space than the average home in the area, providing a rare canvas for a large-scale custom renovation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4600, other record lot size in square feet = 5391. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2785, other record living area = 2190. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Significant Updating Required
Held by the same family for decades, the home likely requires a substantial capital investment to modernize the 1940s-era systems and finishes to meet contemporary standards.
- Limited Lot Size
The 4,600 sqft lot is relatively small for a home of nearly 2,800 sqft, resulting in a high building-to-land ratio that may limit outdoor utility or future expansion.
About 2425 Alameda De Las Pulgas
Space, character, and endless potential come together at 2425 Alameda de las Pulgas! Lovingly cared for by the same family since the 1960s, this 5Bed/2Bath, 2,785 sqft residence is ready for a new owner to bring their own vision to life. The main level features a spacious living room with fireplace, dining room, kitchen, 2BRS/1BA. Upstairs, 3BRS/1BA & a finished attic/playroom. Upstairs has potential for an ADU or separate living space. (Buyer to investigate feasibility.) Beautifully landscaped front and back yards create a peaceful, garden-like setting filled with mature plantings and multiple areas to relax, play, or entertain. A charming waterfall feature adds to the tranquility of the backyard, while a two-car garage provides additional parking and storage. This property presents a rare opportunity in San Mateo's sought-after Beresford Park neighborhood. Conveniently located near all that San Mateo has to offer, including shopping, dining, parks, recreation, schools, and everyday amenities, with easy access to Caltrain,Major freeways for commuting throughout the Peninsula, Silicon Valley, and San Francisco.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 4,600 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Mateo Unified Schools
Beresford Elementary School
Grades K-5 • 0.4 mi
5/10
Abbott Middle School
Grades 6-8 • 1.0 mi
4/10
Hillsdale High School
Grades 9-12 • 0.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,785 | 1,743.298 |
| Lot Size | 4,600 | 6,079.649 |
| Price | $2.20M | $2.26M |
| Price per sq ft | $789 | $1.4K |
| Built year | 1947 | 1952 |
| HOA | $0 | $387 |
| Days on market | 36 | 33 |
Pricing History
Listed for Sale
Sep 18, 2026
$2,198,000
Initial Listing