320 Elm Street 304, San Mateo, California 94401, San Mateo, 94401 - 2 bed, 2 bath
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320 Elm Street 304
San Mateo, California 94401
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,676Sq Ft
1,569Lot Size
Property Price
LIST PRICE$1,188,000
EST. MARKET VALUE
$1,250,234
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $1,295,000—positioned well below the $1,300,258 Fair Market Value by 0.4%. Featuring a 1,676 sqft open floor plan with all-new luxury vinyl plank flooring and a modern kitchen, the property maintains an Excellent Condition Rating. Located in the heart of San Mateo near Caltrain and top-rated high schools, this residence offers a seamless lifestyle. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers prioritizing location and convenience.
Estimated Market Value
$1,250,234+$62,234 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 320 Elm Street 304 Subject | $1,188,000* List Price | 2 | 2 | 1,676 | $746 | - |
A 58 E Poplar Avenue 3 Sold | $1,060,000 | 2 | 2 | 1,367 | $775 | 0.1 mi |
B 35 9th Avenue 11 Sold | $1,350,000 | 2 | 2 | 1,802 | $749 | 1.0 mi |
C 605 Highland Avenue 7 Sold | $850,000 | 2 | 2 | 1,077 | $789 | 0.3 mi |
D 249 Elm Street 104 Sold | $860,000 | 2 | 2 | 1,060 | $811 | 0.1 mi |
E 111 Saint Matthews Ave 304 Sold | $975,000 | 2 | 2 | 1,348 | $723 | 0.3 mi |
F 21 Tidal Way Sold | $1,110,000 | 2 | 3 | 1,235 | $899 | 0.8 mi |
G 111 Saint Matthews Avenue 402 Sold | $1,368,000 | 3 | 2 | 1,673 | $818 | 0.3 mi |
H 35 9th Avenue 5 Active | $1,298,000 List Price | 2 | 2 | 1,680 | $773 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the building was constructed in 1982, the unit has undergone a recent high-quality renovation (likely <5 years) featuring all-new luxury vinyl plank flooring throughout and an updated kitchen with sleek countertops and crisp cabinetry. The interior is in mint, move-in ready condition with no visible maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Top-Floor Living
As a rare top-floor residence with 1,676 square feet, this unit offers a significantly larger footprint than typical area condos, providing enhanced privacy and abundant natural light.
- Modern Interior Upgrades
The property features brand-new luxury vinyl plank flooring and a meticulously maintained open floor plan, offering a contemporary, move-in-ready aesthetic.
- Prime Walkable Location
Situated in the heart of San Mateo near downtown and Caltrain, the home provides exceptional access to premium dining, shopping, and major commuter routes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1569, other record lot size in square feet = 36054.
- Building Age
Constructed in 1982, the property may lack some of the modern energy-efficient features and architectural standards found in newer luxury developments.
- Elementary School Rating
The assigned elementary school has a lower rating (4/10) compared to other schools in the district, which may be a concern for families prioritizing high-ranking public education.
About 320 Elm Street 304
Welcome to 320 Elm Street #304, a rare top-floor residence offering refined design and effortless living in the heart of San Mateo. Meticulously maintained and filled with natural light, this beautifully appointed condominium features an expansive open floor plan ideal for both entertaining and everyday comfort. The bright living and dining areas showcase all-new luxury vinyl plank flooring installed throughout, creating a seamless, modern flow. The thoughtfully designed kitchen offers crisp cabinetry, sleek countertops, and generous workspace, perfect for casual meals or hosting with ease. The spacious primary suite serves as a serene retreat with an ensuite bath, while a well-sized second bedroom and additional full bathroom provide flexibility for guests, a home office, or both. Ample closet space and smart storage enhance everyday functionality. Ideally located near downtown San Mateo, Caltrain, parks, shopping, dining, and major commuter routes, this home delivers an exceptional lifestyle of convenience and comfort. Secure parking and community amenities complete this outstanding offering.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 1,569 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $595.0 / Month
Neighborhood Insights
San Mateo Unified Schools
San Mateo Park Elementary School
Grades K-5 • 0.6 mi
4/10
Borel Middle School
Grades 6-8 • 1.5 mi
6/10
San Mateo High School
Grades 9-12 • 0.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.8 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,676 | 1,024.447 |
| Lot Size | 1,569 | 13,097.842 |
| Price | $1.19M | $732.3K |
| Price per sq ft | $709 | $763 |
| Built year | 1982 | 1981 |
| HOA | $595.0 | $852 |
| Days on market | 41 | 63 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,188,000
$1,295,000
-8% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$1,295,000
Initial Listing
Sold
Aug 11, 2023
$1,200,000
Public Record
Sold
Nov 14, 1997
$300,000
Public Record