
San Mateo, California 94401
This Value-Add Condominium serves as a high-potential asset for those targeting the San Mateo corridor, featuring a List Price of $500,000. Positioned near its $471,789 Fair Market Value, the property offers a clear path to appreciation through interior modernization. With a Condition Rating of 4, the unit retains its 1984 finishes, providing a functional layout with in-unit laundry and assigned garage parking. Its proximity to Aragon High School and Bayside S.T.E.M. Academy ensures strong marketability, making this a calculated acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 711 S Bayshore Boulevard 10 Subject | $500,000* List Price | 1 | 1 | 675 | $699 | - |
A 711 S Bayshore Boulevard 23 Sold | $610,000 | 2 | 1 | 740 | $824 | 0.0 mi |
B 240 N Bayshore Blvd 303 Active | $450,000 List Price | 1 | 1 | 725 | $621 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this property remains in its original condition with no significant renovations in 40 years. The kitchen features dated dark wood cabinetry, laminate countertops, and older white appliances. The flooring consists of aged carpeting and vinyl, and the overall interior aesthetic, including the wallpaper and light fixtures, is outdated. While the unit appears functional and well-maintained for its age, it requires modernization to meet current market standards.
Ideally situated near Highway 101, Caltrain, and major commuter routes, providing effortless access to Silicon Valley, San Francisco, and downtown San Mateo.
Priced as an entry-level opportunity in a high-demand market, this unit allows investors or handy homeowners to build immediate equity through interior modernizations.
The property features highly sought-after conveniences including an in-unit washer and dryer, assigned garage parking, and dedicated additional storage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =629, other record lot size in square feet = 26384.
The interior retains its 1984 original character, necessitating a capital investment for kitchen and bathroom upgrades to meet contemporary buyer expectations.
The $610 monthly association fee is relatively high for a one-bedroom condo, which may impact the debt-to-income ratio for buyers and net yields for investors.
Calling all investors and savvy buyers! Welcome to this charming 1-bedroom, 1-bath condo in the heart of San Mateo an excellent opportunity to add value and make it your own. This light-filled home offers a functional, open layout with a spacious living and dining area, ideal for everyday living and entertaining. The kitchen provides ample cabinetry and storage, ready for your vision and upgrades. The generously sized bedroom offers a comfortable retreat, while the bathroom maintains its original character. Enjoy the convenience of an in-unit washer and dryer, along with one assigned garage parking space and additional storage. The well-maintained community also features a recreation room for added enjoyment. Ideally located near Highway 101, Caltrain, and major commuter routes, with easy access to downtown San Mateo, Burlingame, shopping, dining, parks, and the Bay Trail. Great value with strong upside potential in a prime location!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 675 | 1,077.5 | 5% |
| Lot Size | 629 | - | 71% |
| Price | $500.0K | $582.0K | 38% |
| Price per sq ft | $741 | $627 | 64% |
| Built year | 1984 | 1984 | 50% |
| HOA | $610.0 | $799 | 24% |
| Days on market | 20 | 191 | 5% |
Apr 2, 2026
$500,000
Initial Listing
Aug 21, 1991
$126,000
Public Record