
San Mateo, California 94401
This studio condominium represents a High-Potential Investment Opportunity, listed at $449,000—positioned well above the $383,914 Fair Market Value by 16%. While the property is priced above current market estimates, it offers a Condition Rating of 4, featuring recent cosmetic updates like fresh paint and new flooring. Located in the resort-style Woodlake complex, residents enjoy 6 pools, 4 tennis courts, and a private lake. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, amenity-rich lifestyle near major transit corridors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 847 N Humboldt Street 302 Subject 0 bd · 1 ba · 492 sqft · $868 | $429,000* List Price | 0 | 1 | 492 | $868 | - |
A 833 N Humboldt Street 504 Active 0 bd · 1 ba · 473 sqft · $951 · 0.0 mi | $450,000 List Price | 0 | 1 | 473 | $951 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this property exceeds the 20-year age threshold for a 'Fair' rating. While it features recent cosmetic improvements like new flooring and fresh paint, the presence of popcorn ceilings and the lack of a full kitchen or bath remodel suggest the core systems and cabinetry remain dated. It is move-in ready but requires further modernization to reach a higher classification.
The Woodlake complex offers an unparalleled amenity package including six pools, four tennis courts, a gym, and 24 acres of lush grounds with a private lake.
Conveniently located near Highways 101 and 92, Caltrain, and downtown San Mateo, providing excellent accessibility for commuters and urban lifestyle seekers.
The unit features fresh interior paint and brand-new flooring, offering a bright and clean aesthetic that allows for immediate occupancy without additional renovation.
With only 492 square feet of living space, this studio unit may feel restrictive for those requiring more storage or distinct living areas.
Dating back to 1965, the property may lack the modern soundproofing and energy efficiency found in newer residential developments.
Price adjusted to match value!!, Welcome to Woodlake Complex, One of the most sought after complexes on the peninsula with a resort style of living. Conveniently located near hwys 101,92 ,caltrain, shopping and downtown San Mateo and Burlingame. Woodlake sits on 24 acres of plush and well manicured ground with a lake,fountain and beautiful walking trails thoughout. Woodlake is full of amenities which includes; 6 pools, 4 tennis courts, sauna,gym and a childrens play ground.This cozy studio is light and bright and has just been freshly painted and new flooring installed, located on the 3rd floor corner unit and close to parking, elevator and laundry.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.8 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 1.9 |
| Baths | 1.0 | 1.4 |
| Square foot | 492 | 1,012.867 |
| Lot Size | - | 11,315.511 |
| Price | $429.0K | $745.6K |
| Price per sq ft | $872 | $786 |
| Built year | 1965 | 1981 |
| HOA | $459.0 | $818 |
| Days on market | 39 | 65 |
Oct 1, 2026
$429,000
$449,000
-4% Price Drop
Initial Listing
Sep 15, 2026
$449,000
Initial Listing