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

320 Peninsula Avenue 409
San Mateo, California 94401
Property Price
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
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
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 | 50,207 | - | 96% |
| Price | $695.0K | $526.5K | 70% |
| Price per sq ft | $747 | $600 | 70% |
| Built year | 1987 | 1988 | 48% |
| HOA | $681.0 | $909 | 30% |
| Days on market | 57 | 214 | 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





































