
San Mateo, California 94403
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $1,350,000—positioned well below the $1,377,805 Fair Market Value by 2%. This valuation gap offers $27,805 in Instant Equity. Featuring a Condition Rating of 3, the home boasts refinished oak floors, a modern kitchen, and an expansive backyard oasis with mature fruit trees. Its prime location near tech hubs and Caltrain makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2633 Foster Street Subject | $1,350,000* List Price | 3 | 2 | 1,100 | $1,253 | - |
A 2427 Holland Street Sold | $1,450,000 | 3 | 2 | 1,060 | $1,368 | 0.1 mi |
B 2827 Hosmer Street Sold | $1,350,000 | 3 | 2 | 1,100 | $1,227 | 0.1 mi |
C 2257 Portsmouth Way Sold | $1,530,000 | 3 | 2 | 1,330 | $1,150 | 0.2 mi |
D 1795 Rex Street Sold | $1,250,000 | 3 | 2 | 1,220 | $1,025 | 0.6 mi |
E 3605 Pacific Boulevard Sold | $1,350,000 | 2 | 1 | 940 | $1,436 | 0.9 mi |
F 1605 Roberta Drive Active | $1,589,000 List Price | 5 | 3 | 1,150 | $1,382 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1957, the property is in move-in ready condition with significant recent updates (<5 years) including refinished oak floors, fresh interior/exterior paint, and new kitchen flooring and appliances. The presence of double-pane windows and a modern electrical panel indicates well-maintained systems, though the kitchen retains some older elements like buffed Corian counters.
The home is move-in ready with significant recent upgrades, including refinished oak floors, fresh interior and exterior paint, and a modernized kitchen with new luxury vinyl flooring and a gas range.
The property features a rare, expansive level backyard filled with a diverse variety of mature fruit trees, offering a private and productive outdoor retreat perfect for gardening and entertaining.
Situated in the desirable Lakeshore neighborhood, the home offers unparalleled convenience with close proximity to major tech hubs, Caltrain, and premier shopping at Hillsdale Mall and Whole Foods.
At 1,100 square feet for a 3-bedroom, 2-bathroom home, the interior living spaces and bedrooms may feel compact compared to newer or larger suburban residences.
Built in 1957, the property may feature older utility systems or architectural limitations common to the era that lack the modern efficiency of contemporary builds.
Tucked away in the desirable Lakeshore neighborhood, this charming move-in ready home offers comfort, convenience, and an incredible backyard retreat. Featuring 3 bedrooms and 2 baths, the home shines with newly refinished oak floors, fresh interior and exterior paint, and double-pane windows throughout. The bright kitchen is beautifully updated with new luxury vinyl plank flooring, a new 5-burner gas range, and freshly buffed Corian countertops. The inviting living room features a cozy wood-burning fireplace and a large sliding glass door that opens to the expansive level backyard perfect for entertaining, gardening, or simply relaxing outdoors. Surrounded by mature fruit trees including Asian pear, nectarine, plum, orange, apple, pomelo, avocado, mandarin, grapefruit, and persimmon, this property offers a rare backyard oasis. Ideally located near popular shopping and dining destinations such as Whole Foods Market, Safeway, Target, 99 Ranch Market, Hillsdale Mall, Bridgepointe Shopping Center, and the San Mateo Caltrain station. Easy access to Highways 101 and 92 provides a convenient commute to major tech hubs from San Francisco to Silicon Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,100 | 1,620 | 12% |
| Lot Size | 5,000 | 5,669 | 27% |
| Price | $1.35M | $2.20M | 14% |
| Price per sq ft | $1.2K | $1.2K | 50% |
| Built year | 1957 | 1954 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 93 | 4% |
May 29, 2026
$1,350,000
Initial Listing
Dec 10, 1999
$403,000
Public Record