340 Grand Boulevard 12, San Mateo, California 94401, San Mateo, 94401 - 2 bed, 2 bath
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San Mateo, California 94401
This Modern Designer Condominium is a Strong Value Opportunity, listed at $699,988—positioned well below the $743,139 Fair Market Value by 5%. This valuation gap offers $43,151 in Instant Equity for a property in Good Condition. The interior boasts a Granite-Finished Kitchen, Carrara Marble Vanities, and Private Decks, providing a turnkey lifestyle midway between downtown San Mateo and Burlingame. With proximity to San Mateo High School and major tech hubs, this is an ideal acquisition for Urban Professionals or First-Time Buyers seeking immediate appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 340 Grand Boulevard 12 Subject | $699,988* List Price | 2 | 2 | 1,000 | $743 | - |
A 617 Woodside Way C Sold | $715,000 | 2 | 2 | 883 | $810 | 0.1 mi |
B 320 Peninsula Ave 107 Sold | $590,000 | 2 | 2 | 930 | $634 | 0.3 mi |
C 316 N El Camino Real 105 Sold | $745,000 | 2 | 2 | 990 | $753 | 0.4 mi |
D 815 N Humboldt Street 508 Sold | $680,000 | 2 | 1 | 903 | $753 | 0.5 mi |
E 633 Highland Avenue 1 Sold | $805,000 | 2 | 1 | 967 | $832 | 0.2 mi |
F 425 N El Camino Real 203 Sold | $800,000 | 2 | 2 | 1,324 | $604 | 0.4 mi |
G 320 Peninsula Avenue 316 Active | $648,000 List Price | 2 | 2 | 930 | $697 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent an extensive remodel within the last 8 years, featuring a modern granite-finished kitchen with stainless steel appliances and bathrooms with Carrara marble vanities. While the building dates to 1987, the interior updates fall within the 5-15 year renovation window for a 'Good' rating, appearing well-maintained and move-in ready.
Perfectly situated midway between downtown San Mateo and Burlingame with easy access to Caltrain and Highway 101, offering exceptional convenience for Silicon Valley and San Francisco professionals.
The interior features extensive modern upgrades including Carrara marble vanities, granite countertops, and designer flooring, providing a move-in-ready experience with contemporary aesthetic appeal.
Currently listed at $699,988, the property is priced substantially below its 2019 sale price of $835,000, offering buyers a rare chance to gain immediate equity in a high-demand market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1132, other record lot size in square feet = 28620.
The $628 monthly association fee is relatively high for a 1,000-square-foot unit, which may impact the overall monthly affordability for budget-conscious buyers.
The assigned elementary school carries a lower rating of 4, which could be a drawback for families prioritizing top-tier primary education or concerned about long-term resale value.
A secure building, private outside entrance, and extensive remodeling this condominium is perfect for starting out or downsizing. Within the past eight years, the home has been transformed with designer style, including beautiful laminate floors, wood-like plank tile floors in both bathrooms and in the laundry room, Carrara marble vanities, and a fabulous granite-finished kitchen. A fireplace in the living room enhances the ambiance, private decks at the front and rear of the home offer fresh air living, and closets are plentiful. Underground parking plus a community spa add the finishing touch. The location is exactly midway between downtown San Mateo and downtown Burlingame each less than one mile with endless options for boutique shopping, dining, and theater. Plus, with two Caltrain options as well as Highway 101 close by, this is an excellent commuter option to tech centers in San Francisco or Silicon Valley.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,000 | 1,077.5 | 48% |
| Lot Size | 1,132 | - | 86% |
| Price | $700.0K | $587.5K | 67% |
| Price per sq ft | $700 | $627 | 60% |
| Built year | 1987 | 1984 | 52% |
| HOA | $628.0 | $799 | 33% |
| Days on market | 33 | 191 | 5% |
Apr 16, 2026
$699,988
$768,888
-9% Price Drop
Initial Listing
Mar 20, 2026
$768,888
Initial Listing
Jul 15, 2019
$835,000
Public Record
Sep 23, 2004
$387,000
Public Record