324 Catalpa Street 111, San Mateo, California 94401, San Mateo, 94401 - 1 bed, 1 bath
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324 Catalpa Street 111
San Mateo, California 94401
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
505Sq Ft
0Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$483,655
8% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $525,000—positioned well above the $483,656 Fair Market Value by 8%. While priced at a premium, the property features a Mint Condition Rating following a high-end renovation, including a Chef's Kitchen with Bosch appliances and Heated Floors. Located in the heart of downtown San Mateo, this unit offers an unmatched urban lifestyle near Caltrain and top-rated schools. This is an ideal acquisition for Urban Professionals or first-time buyers seeking a sophisticated, move-in-ready sanctuary.
Estimated Market Value
$483,655
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 |
|---|---|---|---|---|---|---|
★ 324 Catalpa Street 111 Subject | $525,000* List Price | 1 | 1 | 505 | $958 | - |
A 711 S Bayshore Boulevard 6 Sold | $490,000 | 1 | 1 | 610 | $803 | 0.9 mi |
B 211 S Fremont Street 204 Sold | $560,000 | 1 | 1 | 692 | $809 | 0.5 mi |
C 821 N Humboldt Street 309 Sold | $570,000 | 1 | 1 | 693 | $823 | 0.8 mi |
D 800 N Delaware Street 310 Sold | $522,000 | 1 | 1 | 693 | $753 | 0.8 mi |
E 904 Peninsula Avenue 307 Sold | $590,000 | 1 | 1 | 693 | $851 | 0.8 mi |
F 814 N Delaware Street 102 Active Under Contract | $495,000 List Price | 0 | 1 | 504 | $982 | 0.7 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.
Although built in 1983, the unit has undergone a comprehensive high-end renovation within the last 5 years. It features a modern chef's kitchen with Bosch appliances and porcelain countertops, a spa-inspired bathroom with heated floors, and updated systems including air conditioning and LED fireplaces. The interior is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the heart of San Mateo, this condo offers exceptional walkability to Caltrain, diverse dining, and shopping, making it ideal for commuters and urban enthusiasts.
- High-End Chef's Kitchen
The kitchen features premium Bosch appliances, induction cooking, and porcelain countertops, offering a level of luxury and functionality rarely found in units of this size.
- Efficient Custom Design
Integrated California Closets, heated floors, and smart storage solutions maximize the 505-square-foot layout, ensuring the home feels significantly more spacious and organized.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
With only 505 square feet of living space, the property may feel restrictive for buyers requiring a home office or space for larger furniture pieces.
- Ground-Floor Positioning
As a garden-level unit in a dense downtown area, residents may experience less privacy and potential noise from common areas compared to upper-floor units.
About 324 Catalpa Street 111
This thoughtfully designed 505 sq. ft. home lives larger than it looks thanks to custom California Closets systems, efficient layout, and tailored lighting throughout. Charming Garden-Level Condo in the Heart of Downtown San Mateo. Location truly is everything and this delightful ground-floor condo delivers. Nestled in the vibrant heart of San Mateo, you're just a short stroll to an incredible variety of restaurants, movie theaters, Caltrain, parks, gyms, banks, medical services, and the local library. The fully customized chef's kitchen is standout, featuring built-in Bosch appliances, a large dual-motor refrigerator, induction cooktop with timers, hanging pot rack, porcelain countertops, and beautifully crafted cabinetry. Additional Highlights Include: Heated floors and towel rack; Spa-inspired tiled bathroom with bidet; Two ceiling fans and air conditioning; Two LED fireplaces for ambiance and comfort; built-in filing cabinet; One secure parking space in the garage; Storage closet just down the hallway. Enjoy peaceful garden views from this ground-floor unit, along with moderate HOA dues that includes water.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $439.0 / Month
Neighborhood Insights
San Mateo Unified Schools
San Mateo Park Elementary School
Grades K-5 • 0.9 mi
4/10
Borel Middle School
Grades 6-8 • 1.4 mi
6/10
San Mateo High School
Grades 9-12 • 0.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.8 |
| Baths | 1.0 | 1.5 |
| Square foot | 505 | 1,024.447 |
| Lot Size | - | 13,097.842 |
| Price | $525.0K | $732.3K |
| Price per sq ft | $1.0K | $763 |
| Built year | 1983 | 1981 |
| HOA | $439.0 | $852 |
| Days on market | 28 | 63 |
Pricing History
Listed for Sale
Aug 12, 2026
$525,000
Initial Listing
Sold
Nov 30, 2021
$450,000
Public Record