320 Peninsula Avenue 316, San Mateo, California 94401, San Mateo, 94401 - 2 bed, 2 bath

320 Peninsula Avenue 316, San Mateo, California 94401 home-pic-0

320 Peninsula Avenue 316

San Mateo, California 94401

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
930Sq Ft
970Lot Size

Property Price

LIST PRICE$688,000

SUMMARY

Analysis of 320 Peninsula Avenue 316, San Mateo, California 94401 is currently available with a list price of $688,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Mateo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen is fully remodeled with new cabinetry, stone countertops, and stainless steel appliances. Both bathrooms feature updated vanities and fixtures. With new flooring, contemporary light fixtures, and fresh paint throughout, the unit shows no signs of deferred maintenance and is in like-new condition despite the 1987 build year.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Commuter Location

    Ideally situated between San Mateo and Burlingame, this property offers exceptional walkability to Downtown Burlingame and the Caltrain station, providing a significant advantage for commuters.

  • Modern Interior Updates

    The unit features a fully remodeled kitchen with new countertops and stainless steel appliances, along with updated bathrooms, offering a move-in-ready aesthetic that appeals to contemporary buyers.

  • Functional Dual-Suite Layout

    The floor plan maximizes privacy and utility with a primary ensuite and a second bathroom positioned to serve as a flexible second ensuite, complemented by a private balcony for outdoor living.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =970, other record lot size in square feet = 50207.

  • High Monthly HOA Fees

    The association fee of $681 per month is relatively high for a unit of this size, which may impact the overall affordability and debt-to-income ratio for prospective buyers.

  • Lack of In-Unit Laundry

    The reliance on a shared community laundry facility rather than having in-unit hookups is a notable inconvenience that can detract from the property's competitiveness in the modern condo market.

About 320 Peninsula Avenue 316

Welcome to 320 Peninsula Avenue #316, an updated 2-bedroom, 2-bath condo in a prime San Mateo location, ideally situated between San Mateo and Burlingame. Set within a quiet, well-maintained community, this home offers comfort, convenience, and walkability. The bright, open living area is filled with natural light from large windows and flows seamlessly into the dining space with a new light fixtureideal for everyday living and entertaining. The remodeled kitchen features new countertops, updated cabinetry, stainless steel appliances, modern lighting, and generous counter and storage space. A private balcony provides a peaceful outdoor extension of the living area. Both bedrooms are spacious with excellent natural light. The primary suite includes a walk-in closet and ensuite bathroom. The second bathroom, accessible from the hallway and second bedroom, offers flexibility similar to a second ensuite. Both bathrooms feature new vanities and light fixtures. Additional highlights include one assigned parking space in an attached garage and access to community amenities such as a gym, community center, laundry facility, and tranquil pond. Conveniently located near Downtown Burlingame, Burlingame Caltrain, shopping, dining, and major commuter routes.

Property Details

Public Facts

Property Type
Condominium
Year Built
1987
Lot Size
970 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$681.0 / Month

Neighborhood Insights

San Mateo Unified Schools

San Mateo Park Elementary School

Grades K-5 • 0.6 mi

4/10

Baywood Elementary School

Grades K-5 • 1.7 mi

6/10

Horrall Elementary School

Grades K-5 • 2.0 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot9301,047.5
39%
Lot Size970-
85%
Price$688.0K$526.5K
67%
Price per sq ft$740$600
70%
Built year19871988
48%
HOA$681.0$909
30%
Days on market9214
2%

Pricing History

Listed for Sale

Feb 26, 2026

$688,000

Initial Listing

Sold

Apr 11, 2016

$700,000

Public Record

Sold

Oct 11, 2005

$478,000

Public Record

Sold

Sep 30, 2003

$353,000

Public Record

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