324 Catalpa Street 206, San Mateo, California 94401, San Mateo, 94401 - 0 bed, 1 bath
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San Mateo, California 94401
Analysis of 324 Catalpa Street 206, San Mateo, California 94401 is currently available with a list price of $328,000. 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.
Property is move-in ready.
The property is move-in ready and well-maintained. Although built in 1983, the unit has been updated with granite countertops in both the kitchen and bathroom, along with stainless steel appliances in the kitchen. The interior shows minimal wear and tear, with functional systems and clean finishes, fitting the criteria for a well-maintained property that does not require immediate renovation.
Situated in the heart of San Mateo, this property offers exceptional walkability to Caltrain, diverse dining, boutique shopping, and essential medical services.
With a competitive price point under $330k and the unique ability for any age group to purchase, this unit serves as an affordable entry into the Peninsula real estate market.
The studio is enhanced by functional additions rarely found at this price point, including a deeded parking spot, private balcony, and extra storage space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =390, other record lot size in square feet = 27645.
The 55+ community requirement for residents significantly limits the pool of potential occupants, which may impact rental demand and future resale liquidity.
At just 390 square feet, the compact studio layout may feel restrictive for buyers or tenants seeking more living space or a separate sleeping area.
Bright Studio in the Heart of San Mateo Welcome home to this inviting, light-filled studio just steps from everything downtown San Mateo has to offer charming shops, great restaurants, Caltrain, medical offices, and grocery stores. The spacious kitchen features granite countertopsperfect for cooking or entertaining. Enjoy your morning coffee on the private balcony or unwind in the open, airy living space filled with natural light. You'll appreciate thoughtful touches like ample closet space. extra storage, and a deeded parking spot for convenience. Located in a well-kept 55+ community, this condo offers peace of mind and easy living. While residents must be 55 or older, anyone can purchase, making it a wonderful and affordable investment opportunity. With low monthly expenses and an unbeatable location, this gem combines comfort, value, and lifestyle all in one perfect San Mateo home.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 5% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 390 | 1,077.5 | 2% |
| Lot Size | 390 | - | 71% |
| Price | $328.0K | $582.0K | 21% |
| Price per sq ft | $841 | $627 | 90% |
| Built year | 1983 | 1983 | 50% |
| HOA | $469.0 | $799 | 5% |
| Days on market | 34 | 191 | 5% |
Apr 18, 2026
$328,000
$330,000
-1% Price Drop
Initial Listing
Mar 19, 2026
$330,000
Initial Listing
Dec 22, 2014
$209,000
Public Record
Feb 21, 2008
$199,000
Public Record