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

320 Peninsula Avenue 316
San Mateo, California 94401
Property Price
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
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
Baywood Elementary School
Grades K-5 • 1.7 mi
Horrall Elementary School
Grades K-5 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 930 | 1,047.5 | 39% |
| Lot Size | 970 | - | 85% |
| Price | $688.0K | $526.5K | 67% |
| Price per sq ft | $740 | $600 | 70% |
| Built year | 1987 | 1988 | 48% |
| HOA | $681.0 | $909 | 30% |
| Days on market | 9 | 214 | 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


























