3033 Los Prados Street 230, San Mateo, California 94403, San Mateo, 94403 - 2 bed, 2 bath
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San Mateo, California 94403
This High-Potential Investment Opportunity is a 2-bedroom condominium listed at $588,888—positioned well below the $613,000 Fair Market Value by 3%. This valuation gap provides $24,111 in Instant Equity. With a Condition Rating of 4, the unit is move-in ready but offers significant upside through cosmetic modernization. Featuring a Granite Kitchen and a Private Patio, this property is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into the competitive San Mateo market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3033 Los Prados Street 230 Subject | $588,888* List Price | 2 | 2 | 950 | $647 | - |
A 3045 Los Prados Street 217 Sold | $535,000 | 2 | 2 | 956 | $560 | 0.1 mi |
B 4289 George Avenue 4 Sold | $515,000 | 1 | 1 | 840 | $613 | 0.9 mi |
C 4117 George Avenue 4 Sold | $630,000 | 1 | 1 | 840 | $750 | 0.8 mi |
D 3090 Los Prados 24 Active | $599,000 List Price | 2 | 2 | 900 | $666 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this unit is well-maintained but dated. While the kitchen features granite countertops and dual-pane windows have been installed, the oak cabinetry, black/white appliances, and popcorn ceilings suggest the last major updates were likely 15-25 years ago. The property is move-in ready but requires cosmetic modernization to meet current market standards.
The property offers exceptional connectivity with immediate access to Highways 101, 92, and 280, as well as proximity to Hillsdale Shopping Center and Caltrain, making it ideal for Silicon Valley or San Francisco commuters.
As a top-floor unit featuring large picture windows and a front patio overlooking a courtyard, the home enjoys superior natural light and the benefit of no neighbors living above.
Priced under $600,000 for a 2-bedroom, 2-bathroom configuration in San Mateo, this residence provides a rare and affordable opportunity for first-time buyers to transition from renting to homeownership.
The monthly HOA dues of $770 are relatively high for the price point and building age, which may impact the overall monthly carrying costs and buyer qualification.
The reliance on a community laundry room rather than having in-unit washer and dryer hookups may be a significant inconvenience for modern buyers seeking maximum convenience.
Why rent when you can own? Welcome to this bright and spacious top-floor condominium featuring 2 bedrooms, 2 bathrooms, and approximately 950 square feet of comfortable living space in one of San Mateo’s most desirable and convenient neighborhoods. The expansive living room is filled with natural light from two large picture windows and offers a built-in bookcase, creating a warm and inviting atmosphere. Step outside to the front patio overlooking a peaceful courtyard—the perfect spot to enjoy your morning coffee or unwind in the sunshine. The eat-in kitchen features granite countertops, a breakfast bar, and abundant cabinet storage. Dual-pane windows throughout the home enhance comfort and energy efficiency. Both generously sized bedrooms offer ample closet space, including a primary suite with an en-suite bathroom and walk-in shower. The hallway bathroom includes a full bathtub. Additional highlights include two assigned parking spaces—one covered with a private storage closet and one uncovered—plus access to a community laundry room. HOA dues include water and garbage service.Ideally located near Los Prados Park and scenic waterfront trails, this home offers easy access to shopping, dining, and major commute routes to both San Francisco and Silicon Valley. Enjoy unparalleled convenience with nearby access to Highways 101, 92, and 280, Caltrain, Whole Foods Plaza, Hillsdale Shopping Center, Foster City Plaza, and Marina Plaza just across the street. Experience the best of Peninsula living with comfort, convenience, and connectivity right at your doorstep.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 950 | 899 |
| Lot Size | 58,815 | 1,129 |
| Price | $588.9K | $774.2K |
| Price per sq ft | $620 | $752 |
| Built year | 1963 | 1984 |
| HOA | $770.0 | $628 |
| Days on market | 41 | 49 |
Jun 11, 2026
$588,888
Initial Listing
Oct 15, 2021
$600,000
Public Record