320 Peninsula Avenue 409, San Mateo, California 94401, San Mateo, 94401 - 2 bed, 2 bath

320 Peninsula Avenue 409, San Mateo, California 94401 home-pic-0

320 Peninsula Avenue 409

San Mateo, California 94401

ACTIVE
CONDITION: GOOD
2Beds
2Baths
930Sq Ft
50,207Lot Size

Property Price

LIST PRICE$695,000

SUMMARY

Analysis of 320 Peninsula Avenue 409, San Mateo, California 94401 is currently available with a list price of $695,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and well-maintained, featuring a remodeled kitchen with granite countertops, a breakfast bar, and stainless steel appliances. While the building was constructed in 1987, the unit has been updated with fresh interior paint and modern light fixtures, though the lack of in-unit laundry and the age of the overall structure prevent an excellent rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Transit-Oriented Location

    Ideally situated on the Burlingame border, this property offers exceptional walkability and access to Caltrain, major freeways, and the premium dining and shopping along Burlingame Avenue.

  • Top-Floor Privacy and Light

    Positioned at the rear of the building on the top floor, this residence provides a quiet, private retreat with abundant natural light and a flexible alcove perfect for a home office.

  • Extensive Community Amenities

    The professionally managed gated community features high-value modern conveniences including EV charging stations, a fitness center, Amazon lockers, and secure underground parking.

CONSRISKS & DEFICIENCIES

  • High Monthly HOA Fees

    The association fee of $681 per month represents a significant recurring expense that may impact the overall affordability and budget for some buyers.

  • Lack of In-Unit Laundry

    While the complex provides expansive communal laundry facilities, the absence of a private washer and dryer within the unit is a common drawback for modern condo seekers.

About 320 Peninsula Avenue 409

$24K Price Reduction!!! Conveniently located near vibrant downtown Burlingame, this stunning and light-filled top-floor residence at Peninsula Plaza is quietly set at the rear of the building offering added privacy. The spacious living and dining area is highlighted by a cozy wood-burning fireplace and a flexible alcove perfect for a home office or a reading nook. The beautifully remodeled kitchen features abundant cabinetry, granite countertops, a breakfast bar and stainless steel appliances. The primary suite boasts a generous walk-in closet, private balcony and en-suite bathroom while the secondary bedroom enjoys direct access to the hall/guest bath. Fresh interior paint and updated light fixtures enhance the home. One deeded, secure underground parking space is included. Peninsula Plaza is a professionally managed, gated community offering an impressive array of amenities including elevators, clubhouse, fitness center, expansive laundry facilities, EV charging, Amazon Locker, visitor parking and a lushly landscaped courtyard. Ideally positioned on the Burlingame/San Mateo border, this central location provides effortless access to Caltrain, major freeways, leading employers and the dining and shopping along Burlingame Avenue delivering a dynamic yet comfortable lifestyle.

Property Details

Public Facts

Property Type
Condominium
Year Built
1987
Lot Size
50,207 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 Size50,207-
96%
Price$695.0K$526.5K
70%
Price per sq ft$747$600
70%
Built year19871988
48%
HOA$681.0$909
30%
Days on market57214
13%

Pricing History

Listed for Sale

Feb 21, 2026

$695,000

$719,000

-3% Price Drop

Initial Listing

Price Change

Jan 9, 2026

$719,000

Initial Listing

Sold

Mar 18, 2019

$730,000

Public Record

Sold

Mar 3, 2017

$390,000

Public Record

Sold

Mar 27, 2002

$320,000

Public Record

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