1518 Day Avenue A, San Mateo, California 94403, San Mateo, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$699,000
1518 Day Avenue A, San Mateo, California 94403
3Beds
1Bath
1,008Sqft
Lot
Year Built
1961
Close
-
List price
$699K
Original List price
$750K
Price/Sqft
-
HOA
$812
Days on market
131 Days
Sold On
2025-09-10
MLS number
ML82005237
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

Welcome to 1518 Day Avenue Unit #A, a top-floor condominium offering a 3-bedroom, 1-bath layout with 1,008 sq ft of thoughtfully updated living space. Recent upgrades include new LVP flooring, modern light fixtures, fresh interior paint, new energy-efficient windows and an updated kitchen with new counters and stainless steel appliances, creating a move-in-ready home. Additional features include an in-unit washer and dryer, central heating, and a spacious private deck. Residents enjoy access to community amenities such as a pool, gym, playground, and clubhouse, with hot water and garbage services included. Ideally located adjacent to Lakeshore Park and waterfront trails, and just minutes from Hillsdale Shopping Center, Whole Foods, Costco, downtown San Mateo, Caltrain, and major highways, this home offers unbeatable commuter convenience to major employers like Gilead Sciences, Sony Interactive Entertainment, and Visa. Whether you're a first-time buyer seeking an affordable Peninsula home or an investor looking to capitalize on strong rental demand, this stylish, centrally located condo offers exceptional opportunity, comfort, and long-term potential in the heart of the Bay Area.

Price History

Date
Event
Price
09/05/25
Price Change
$699,000
05/02/25
Listing
$749,888
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (15 Listings)
Beds32
81%
Baths12
44%
Square foot1,008989
50%
Lot Size00
Price$699K$692K
50%
Price per square foot$693$796
19%
Built year19619870987
13%
HOA$812$590
88%
Days on market186159
56%
Condition Rating
Excellent

Despite being built in 1961, this condominium has undergone extensive and recent renovations, as confirmed by the description and images. It features new LVP flooring, modern light fixtures, fresh interior paint, new energy-efficient windows, and a fully updated kitchen with new counters and stainless steel appliances (including a Bosch dishwasher). The bathroom is also completely modernized with new vanity, fixtures, and tiling. All visible components appear new or virtually new, meeting current quality standards and making the property move-in ready with no deferred maintenance.
Pros & Cons

Pros

Extensively Updated Interior: The property boasts recent upgrades including new LVP flooring, modern light fixtures, fresh interior paint, new energy-efficient windows, and an updated kitchen with new counters and stainless steel appliances, making it truly move-in ready.
Exceptional Location & Commuter Access: Situated adjacent to Lakeshore Park and waterfront trails, and minutes from major shopping centers (Hillsdale, Whole Foods, Costco), downtown San Mateo, Caltrain, and major highways, offering unparalleled convenience to Bay Area employers.
Robust Community Amenities: Residents benefit from a wide array of community amenities including a pool, gym, playground, and clubhouse, enhancing lifestyle and value.
Desirable In-Unit Features: The inclusion of an in-unit washer and dryer, central heating, and a spacious private deck adds significant comfort and convenience, which are highly sought after in condominium living.
Broad Market Appeal & Investment Potential: Positioned as an affordable option for first-time buyers on the Peninsula and an attractive investment due to strong rental demand, indicating solid long-term potential.

Cons

Single Bathroom for 3 Bedrooms: A 3-bedroom unit with only one bathroom can be a significant functional limitation for families or multiple occupants, potentially impacting resale value and daily convenience.
High Monthly Association Fee: The $812 monthly association fee is substantial, which could deter some buyers and significantly impact the overall monthly housing cost, despite including hot water and garbage.
Extended Days on Market & Price Reduction: With 131 days on market and a recent price reduction from $749,888 to $699,000, the property's market performance suggests it may have been initially overpriced or faces challenges in attracting buyers at its current price point.

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