
San Mateo, California 94401
This Turnkey San Mateo Park Condominium is a High-Potential Investment Opportunity, listed at $800,000—positioned well below the $889,971 Fair Market Value by 10%. This valuation gap provides $89,971 in Instant Equity. Boasting a Mint Condition Rating, the residence features a remodeled quartz kitchen with a dramatic atrium window and updated bathrooms. Located near San Mateo High School and walkable downtown amenities, this rare three-bedroom unit is an ideal acquisition for Owner-Occupants seeking lifestyle luxury or Buy-and-Hold Investors targeting a high-demand Peninsula asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 N El Camino Real 105 Subject | $800,000* List Price | 3 | 2 | 1,238 | $719 | - |
A 425 N El Camino Real 203 Sold | $800,000 | 2 | 2 | 1,324 | $604 | 0.0 mi |
B 249 Elm Street 104 Sold | $860,000 | 2 | 2 | 1,060 | $811 | 0.2 mi |
C 555 Laurel 330 Sold | $763,000 | 1 | 2 | 1,095 | $697 | 0.9 mi |
D 200 Elm Street 102 Sold | $828,000 | 3 | 2 | 1,460 | $567 | 0.3 mi |
E 633 Highland Avenue 1 Sold | $805,000 | 2 | 1 | 967 | $832 | 0.3 mi |
F 316 N El Camino Real 105 Sold | $745,000 | 2 | 2 | 990 | $753 | 0.1 mi |
G 320 Peninsula Avenue 316 Active | $648,000 List Price | 2 | 2 | 930 | $697 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, the unit has undergone a comprehensive high-end renovation within the last 5 years. It features a modern kitchen with new cabinetry and quartz countertops, fully remodeled bathrooms, updated flooring, and recessed lighting, placing it in mint, move-in-ready condition.
Ideally situated at the gateway to San Mateo Park between downtown San Mateo and Burlingame, offering exceptional walkability to high-end dining, shopping, and Caltrain.
The unit features a thoughtfully remodeled kitchen with quartz countertops and a dramatic atrium window, along with updated bathrooms and custom California Closets for a move-in-ready experience.
The rare three-bedroom configuration includes a flexible bonus room with French doors and full-size in-unit laundry, providing significant utility for families or professionals working from home.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1212, other record lot size in square feet = 39442. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly association fee of $867 is relatively high, which may impact buyer affordability and overall debt-to-income ratios for financing.
The property includes only one deeded parking space for a three-bedroom unit, which may be a constraint for multi-car households despite the option to rent a second spot.
Set within a boutique building of just 36 residences at the gateway to San Mateo Park, this first-floor, single-level 3 bed/2 bath unit offers a comfortable and low-maintenance lifestyle. Thoughtfully updated, the interior features a dine-in kitchen with new cabinetry, quartz countertops, and a dramatic atrium window that spans the entire wall, filling the space with natural light, with mature trees just beyond the glass creating a softly layered, tucked-away feel. A pass-through connects the kitchen to the living area, creating an open, connected feel. Updated bathrooms include a remodeled primary shower and secondary bath. Recessed lighting adds a warm, modern feel throughout, while a bonus room enclosed by a 10-foot wall and French doors offers flexibility for a third bedroom or home office. Additional features include updated flooring, custom California Closets, and in-unit laundry with a full-size side-by-side washer and dryer. Enjoy community amenities including a pool, spa, clubhouse, and billiard room. One deeded parking with the option to rent a second. Located between downtown San Mateo and Burlingame, with easy access to dining, shopping, fitness, and Caltrain. An excellent opportunity for both homeowners and investors, with rental potential offering added flexibility.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 90% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,238 | 1,097.5 | 60% |
| Lot Size | 1,212 | - | 86% |
| Price | $800.0K | $587.5K | 74% |
| Price per sq ft | $646 | $627 | 55% |
| Built year | 1981 | 1983 | 48% |
| HOA | $867.0 | $820 | 57% |
| Days on market | 5 | 190 | 2% |
Apr 17, 2026
$800,000
Initial Listing
Jul 12, 2022
$975,000
Public Record
Aug 31, 2011
$389,000
Public Record
Dec 9, 2005
$575,000
Public Record
Feb 3, 2003
$362,500
Public Record
Jul 28, 1999
$282,000
Public Record