406 E 28th Avenue L6, San Mateo, California 94403, San Mateo, 94403 - 3 bed, 4 bath
406 E 28th Avenue L6
San Mateo, California 94403
Property Price
SUMMARY
Analysis of 406 E 28th Avenue L6, San Mateo, California 94403 is currently available with a list price of $1,880,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Built in 2014, this townhouse is only 10 years old and features numerous modern upgrades including quartz counters, a large kitchen island with custom pull-out cabinets, double vanities in the master bath with a separate tub and shower, 11-foot ceilings, recessed lighting with dimmers, and ethernet wiring. The property is virtually new and meets current quality standards, indicating no deferred maintenance and high-end finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Park Views
Situated in the highly sought-after Bay Meadows community, this end-unit townhouse offers unobstructed park views and exceptional walkability to major amenities like Hillsdale Mall, Caltrain, Whole Foods, and various dining options.
- Modern Construction & Premium Upgrades
Built in 2014, the property boasts contemporary design with high ceilings, recessed lighting, ethernet wiring, and a gourmet kitchen featuring quartz counters, a large island, and custom pull-out cabinets.
- Flexible All-Suite Layout
The thoughtful 3-bedroom, 4-bathroom layout includes a desirable main-floor bedroom suite and two additional upstairs suites, providing privacy and versatility for residents or guests.
CONSRISKS & DEFICIENCIES
- High Price Point for Size
At $1,880,000 for 1690 sqft, the property's price per square foot is at the higher end, potentially narrowing the pool of prospective buyers despite its premium features and location.
- Tandem Garage Configuration
While offering two parking spaces, the tandem garage layout can be less convenient for daily use compared to side-by-side parking, requiring cars to be moved to access the rear vehicle.
- Undefined School District
The 'Other' designation for the high school district lacks specific information, which might be a concern for buyers prioritizing highly-rated public school access.
About 406 E 28th Avenue L6
Rarely available end-unit 2-floor townhouse overlooking Bay Meadows Park on E 28th with unobstructed views from extra large windows. Open main floor with living, dining, kitchen, laundry room and large bedroom suite with full and half bath naturally flowing from one room to the next on the first floor. Upgrades include quartz counters, a large island, and custom pull-out cabinets. Upstairs there are 2 additional bedroom suites with generous storage. Master Suite features a large walk-in closet with deluxe organizers, double vanities, and shower with large bathtub and separate toilet stall for privacy. An extra 2nd sizable suite upstairs. The entire 2nd floor has 11'' ceilings, recessed lighting with dimmers, and ethernet wiring. Large extra long 2-car tandem garage with extra storage racks in the back. Low $560/month HOA includes water, common area maintenance, and exterior. Coveted Bay Meadows location with unobstructed views of the park across the street. A short walk to Hillsdale Mall, Caltrain baby bullet station, multiple parks, Nueva School, Whole Foods, Blue Bottle Coffee, Fieldwork Beer Garden, and many more.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2014
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $560.0 / Month
Neighborhood Insights
San Mateo Unified Schools
George Hall Elementary School
Grades K-5 • 0.6 mi
Abbott Middle School
Grades 6-8 • 1.2 mi
Hillsdale High School
Grades 9-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 54% |
| Square foot | 1,690 | 1,676 | 54% |
| Lot Size | - | - | 50% |
| Price | $1.88M | $1.68M | 62% |
| Price per sq ft | $1.1K | $978 | 85% |
| Built year | 2014 | 2014 | 50% |
| HOA | $560.0 | $519 | 62% |
| Days on market | 183 | 170 | 69% |
Pricing History
Listed for Sale
Sep 5, 2025
$1,880,000
Initial Listing