Outstanding investment opportunity just 3 blocks to Burlingame Ave. Cal Train and SFO 5 miles south and Silicon Valley 40 min south. Original classic California Bungalow nicely updated at the front and 2 (1bd/1ba) approx 700sf with garage parking built in 1989, This can easily be an owners unit in the Bungalow and rental income in the 2 detached units. Another outstanding opportunity the property currently has an assumable loan in the amount of $1,232,116 at 4.99% with 26 years 8 months remaining.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow, Traditional
Year Built: 1921
Stories: 1
Living Area: 2,425 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (650) 558-4200
Listing Agent: Lou Realyvasquez
Interior Features
Interior Information:
Flooring Type: Carpet, Wood
Exterior Features
Parking Information:
Garage Space: 2 spaces
Parking: Gated
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: None
Other
Directions Information:
Directions: Cross Street: Peninsula Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $2,575,000
Price Per SqFt: $1,062/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Mateo, CA.
This property is $941.6K more than the Median Sold Price and $0/SqFt less than other homes in San Mateo, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81981276
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (650) 558-4200
Listing Agent: Lou Realyvasquez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12.9K
Per Month
Principal & Interest
$12.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,786
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
San Mateo Park Elementary School
161 Clark Dr
Distance between this listing and this school0.51 miles
Public District Grades KG-5
9
/10
College Park Elementary School
715A Indian Ave
Distance between this listing and this school0.56 miles
Public District Grades KG-5
8
/10
South Hillsborough School
303 El Cerrito Ave
Distance between this listing and this school0.57 miles
Public District Grades KG-5
Nearby Schools
8
/10
North Shoreview Montessori
1301 Cypress Ave
Distance between this listing and this school1.03 miles
Public District Grades KG-8
6
/10
Borel Middle School
425 Barneson Ave
Distance between this listing and this school1.51 miles
Public District Grades 6-8
8
/10
Crocker Middle School
2600 Ralston Ave
Distance between this listing and this school1.66 miles
Public District Grades 6-8
Nearby Schools
7
/10
San Mateo High School
506 N Delaware St
Distance between this listing and this school0.56 miles
Public District Grades 9-12
9
/10
Burlingame High School
1 Mangini Way
Distance between this listing and this school1.16 miles
Public District Grades 9-12
9
/10
Aragon High School
900 Alameda De Las Pulgas
Distance between this listing and this school1.33 miles
The neighbors living near this home have an average income of $62,922. Most San Mateo, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Highland Ave in San Mateo, CA and zip code 94401 in the Downtown San Mateo neighborhood. This 2,425 square foot home, which was built in 1921, sits on a 0.17 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $2,575,000.
San Mateo, CA housing market in October 2024 saw over 45 listings sold above listed price, more than 10 sold at listed price and over 23 sold below. The number of homes for sale in San Mateo, CA increased by 3.3% between September 2024 and October 2024. Listings spent 19 days on the market in October 2024, and had a median list price of $1,633,356 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Hiking/backpacking
Hiking/backpacking
Live Theatre
Art Museums
Bloomingdales
H&M
Banana Republic
Starbucks
Boston Market
Chipotle
Audi
Mercedes
Volkswagen
Alternative
News