
San Mateo, California 94403
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $1,499,950—positioned well below the $1,544,944 Fair Market Value by 3%. This valuation gap offers $44,994 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home is move-in ready with recent cosmetic updates. The expansive 6,000-square-foot lot provides significant Expansion Potential for an ADU. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, well-located San Mateo asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73 Poinsettia Avenue Subject | $1,499,950* List Price | 2 | 1 | 1,050 | $1,471 | - |
A 3801 Orinda Drive Sold | $1,620,000 | 2 | 1 | 1,000 | $1,620 | 0.3 mi |
B 3518 Winway Circle Sold | $1,915,000 | 3 | 1 | 1,090 | $1,757 | 0.6 mi |
C 2641 Holland Street Sold | $1,500,000 | 3 | 2 | 1,060 | $1,415 | 0.7 mi |
D 3533 Pasadena Drive Sold | $1,710,000 | 3 | 1 | 1,080 | $1,583 | 0.4 mi |
E 1358 Claudia Avenue Sold | $1,575,000 | 3 | 2 | 1,060 | $1,486 | 0.7 mi |
F 3920 Regan Drive Sold | $1,575,000 | 2 | 1 | 860 | $1,831 | 0.5 mi |
G 2247 Salisbury Way Sold | $1,690,000 | 3 | 2 | 1,330 | $1,271 | 0.7 mi |
H 420 Voelker Drive Pending | $1,588,000 List Price | 2 | 2 | 1,230 | $1,291 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1952, the property is well-maintained and move-in ready. It features recent cosmetic updates including fresh interior/exterior paint and new wide-plank flooring. The kitchen has been previously renovated with white cabinetry and tile flooring (estimated 10-15 years old), and the home appears functional without immediate structural or safety concerns.
The generous 6,000-square-foot lot offers significant opportunity for future expansion or the addition of an ADU, providing excellent value-add potential in a high-demand market.
Ideally situated in a desirable San Mateo neighborhood, the property boasts excellent proximity to public transportation, shopping, and dining, ensuring long-term desirability.
The inclusion of a dedicated office and a separate laundry room provides modern functionality and flexibility for remote work, which is highly sought after by today's buyers.
With only two bedrooms and one bathroom, the home's current configuration may limit its appeal to larger families or buyers seeking a primary suite.
The single-car garage provides limited parking and storage space, which can be a drawback for multi-vehicle households in a suburban setting.
Freshly painted and ideally located, this charming 2-bedroom, 1-bathroom home offers comfortable living with plenty of potential. The inviting living room features a fireplace, while the separate dining room provides a welcoming space for meals and entertaining. A dedicated office offers flexibility for working from home or additional living space. The separate laundry room adds convenience, and the one-car garage provides parking and storage. Situated on a large lot with excellent potential for expansion, this home is conveniently close to public transportation, shopping, restaurants, and everyday amenities. A wonderful opportunity in a highly desirable San Mateo location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,050 | 1,680.139 |
| Lot Size | 6,000 | 5,985.125 |
| Price | $1.50M | $2.23M |
| Price per sq ft | $1.4K | $1.4K |
| Built year | 1952 | 1951 |
| HOA | $0 | $401 |
| Days on market | 12 | 32 |
Aug 28, 2026
$1,499,950
Initial Listing