337 N Eldorado Street, San Mateo, California 94401, San Mateo, 94401 - 4 bed, 2 bath
Loading property details...
San Mateo, California 94401
This Historic 1907 Residence is a Strong Value Opportunity, listed at $1,588,000—positioned below the $1,613,514 Fair Market Value by 1%. This valuation provides $25,514 in Instant Equity. While maintaining a Condition Rating of 4, the home features timeless built-ins, a clawfoot tub, and a large basement with ADU potential. Located steps from Downtown San Mateo and San Mateo High School, it balances historic character with expansion upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 337 N Eldorado Street Subject | $1,588,000* List Price | 4 | 2 | 1,877 | $860 | - |
A 47 N Humboldt Street Sold | $1,425,000 | 3 | 2 | 1,410 | $1,011 | 0.4 mi |
B 124 S Idaho Street Sold | $1,680,000 | 3 | 2 | 2,230 | $753 | 0.6 mi |
C 54 Tilton Terrace Sold | $1,406,000 | 2 | 2 | 1,353 | $1,039 | 0.5 mi |
D 218 Ellsworth Avenue Pending | $1,348,000 List Price | 4 | 3 | 2,253 | $598 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with recent cosmetic updates including fresh interior paint and modern wood-look flooring. However, the kitchen and bathrooms are significantly outdated; the kitchen features 1980s/90s-style wood cabinetry and white appliances, while the bathrooms show older tile work and vanities. Built in 1907, the home retains historic charm but the major functional areas have not been renovated within the last 15-30 years, fitting the 'fair' criteria.
Ideally situated near vibrant downtown San Mateo and Burlingame, this property offers exceptional walkability to premium dining, shopping, and Caltrain, making it a commuter's dream.
The large basement and flexible laundry/studio space provide significant value-add opportunities, including the potential for an Accessory Dwelling Unit (ADU) or a professional home office.
Built in 1907, the home preserves its historic charm with an enclosed porch, elegant built-ins, and a primary suite featuring a classic clawfoot tub, offering a unique aesthetic rarely found in newer builds.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1877, other record living area = 880.
As a century-old structure, the property may require ongoing maintenance or updates to aging systems to meet modern energy efficiency and building standards.
While the high school is highly rated, several of the assigned elementary and middle schools in the immediate area have lower performance scores, which may impact appeal for some families.
Exceptional Downtown San Mateo residence blending timeless charm with modern comfort. Inviting curb appeal leads to a charming enclosed porch perfect for morning coffee. Inside, a light-filled living room with walls of windows creates a warm, airy ambiance. The elegant dining room features classic built-ins, while the spacious kitchen offers abundant cabinetry and counter space for everyday living and entertaining. A generous family room with a cozy wood-burning stove is ideal for relaxing or hosting guests. The home includes four bedrooms, highlighted by a serene primary suite with a private bath and clawfoot tub, plus a convenient guest bath. Additional amenities include a two-car garage, expansive laundry room with flexible space for an office or studio, and a large basement offering excellent storage or ADU potential. The landscaped backyard provides a private setting for outdoor dining and entertaining. Ideally located near parks, top-rated schools, vibrant downtown San Mateo and Burlingame, shopping, dining, Caltrain, and easy access to Hwy 101. Perfectly positioned between San Francisco and Silicon Valley. This remarkable home and sought-after neighborhood truly offer the best of everything, an absolute must-see.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,877 | 1,325 | 77% |
| Lot Size | 6,059 | 5,521.5 | 58% |
| Price | $1.59M | $1.44M | 58% |
| Price per sq ft | $846 | $1.2K | 15% |
| Built year | 1907 | 1949 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 146 | 4% |
Apr 3, 2026
$1,588,000
Initial Listing