3090 Los Prados 24, San Mateo, California 94403, San Mateo, 94403 - 2 bed, 2 bath
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3090 Los Prados 24
San Mateo, California 94403
ACTIVE
CONDITION: FAIR
2Beds
2Baths
900Sq Ft
76,053Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$550,000
SUMMARY
This Condominium is a High-Potential Investment Opportunity, listed at $550,000—positioned well below the $550,000 Fair Market Value (priced at market stability). Featuring a Fair Condition Rating, the unit offers significant upside through seller-funded credits for remodeling. With a Penthouse View, Private Garage, and Pool Access, it provides a functional lifestyle near top-rated schools like Hillsdale High. The property’s prime commuter location and flexible financing options make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through personalization.
Estimated Market Value
$550,000
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 |
|---|---|---|---|---|---|---|
★ 3090 Los Prados 24 Subject 2 bd · 2 ba · 900 sqft · $611 | $550,000* List Price | 2 | 2 | 900 | $611 | - |
A 3045 Los Prados Street 217 Sold 2 bd · 2 ba · 956 sqft · $560 · 0.1 mi | $535,000 | 2 | 2 | 956 | $560 | 0.1 mi |
B 4100 George Avenue 3 Sold 1 bd · 1 ba · 812 sqft · $708 · 0.9 mi | $575,000 | 1 | 1 | 812 | $708 | 0.9 mi |
C 1525 Day Ave E Sold 3 bd · 1 ba · 1,054 sqft · $583 · 0.6 mi | $615,000 | 3 | 1 | 1,054 | $583 | 0.6 mi |
D 1525 Day Avenue D Active 3 bd · 2 ba · 1,054 sqft · $644 · 0.6 mi | $679,000 List Price | 3 | 2 | 1,054 | $644 | 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 1966, this property features dated systems like wall heaters and idiosyncratic renovations that the seller acknowledges may not suit modern tastes, offering a credit for a 'preferred remodel.' While it has functional laminate flooring and partial bathroom upgrades, the overall condition requires modernization and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Seller Incentives
The seller is offering substantial credits for a loan rate buydown, the full HOA assessment, and remodeling costs, providing significant upfront value and financial flexibility for the buyer.
- Prime Commuter Location
Ideally located near the 101 and 92 freeways, Hillsdale Shopping Center, and Los Prados Park, this property offers excellent accessibility for Peninsula professionals.
- Top-Floor Privacy & Views
As a top-floor penthouse-style unit, the condo features scenic hill views, an open-concept layout, and the rare convenience of a private garage with elevator access.
CONSRISKS & DEFICIENCIES
- Subjective Interior Condition
The current interior finishes from a previous remodel may not appeal to all buyers, necessitating immediate cosmetic updates or renovations to meet modern aesthetic standards.
- Extended Market Time
Having been on the market for over 180 days with multiple price reductions, the property may face challenges regarding buyer perception or market stagnancy.
About 3090 Los Prados 24
***SUPER BUY! Besides 75K price reduction & recent staging, motivated seller is now OFFERING BIG $ CREDIT to buyer for (1) multi-year loan rate buydown, (2) FULL HOA assessment, and (3) SUBSTANTIAL $ FOR BUYER'S PREFERRED REMODEL COST***Have 2 lenders ready to lend on this unit & complex for as little as 10% down! Top floor 2 bdrm, 2 full bath, quiet condo with a penthouse view! Some remodeling, including lovely laminate flooring, and both bathrooms have some upgrading, but a past tenant's remodel won't fit everyone's taste so SELLER IS OFFERING SUBSTANTIAL $ so BUYER CAN DO UPGRADES to SUIT! Features now include an open concept plan for living room, kitchen (w/island), & dining area. There's also an oh-so-convenient real PRIVATE garage w/storage + parking pass for 2nd outside spot. Functional roomy elevator means no need to use the stairs & makes moving in easy. The pet-friendly HOA also offers a gorgeous swimming pool plus adjacent manicured lawn. Los Prados Park is a short EZ walk and offers dog park, tennis courts, playground, soccer fields, etc. This home is ideally located just minutes from Hillsdale Shopping Center, Mariners Island Shopping Center, and Downtown San Mateo, plus it offers easy access for the 101 and 92 commuters. As for schools, all grades are no more than 2 miles away.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1966
- Lot Size
- 76,053 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $726.0 / Month
Neighborhood Insights
San Mateo Unified Schools
Parkside Elementary School
Grades K-5 • 1.4 mi
4/10
Bayside S.T.E.M. Academy
Grades 6-8 • 1.7 mi
7/10
Hillsdale High School
Grades 9-12 • 2.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.9 |
| Baths | 2.0 | 1.4 |
| Square foot | 900 | 1,012.867 |
| Lot Size | 76,053 | 11,315.511 |
| Price | $550.0K | $745.6K |
| Price per sq ft | $611 | $786 |
| Built year | 1966 | 1981 |
| HOA | $726.0 | $818 |
| Days on market | 182 | 65 |
Pricing History
Listed for Sale
Sep 4, 2026
$550,000
$575,000
-4% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$575,000
$599,000
-4% Price Drop
Initial Listing
Price Change
May 3, 2026
$599,000
$625,000
-4% Price Drop
Initial Listing
Price Change
Apr 25, 2026
$625,000
Initial Listing