Property Overview:
320 Elm St #202 is a condominium in San Mateo, CA 94401, built in 1982. It features 2 bedrooms, 2 bathrooms, and approximately 2,168 sq. ft. of living space. The home includes a parking garage, fireplace, and cooling system. The estimated home value is $1,363,572 (with some estimates up to $1,917,000).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 6.2% (lower than state average of 11.8%).
- Property crime risk: 4.7% (lower than state average of 10.8%).
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Schools:
Nearby schools include College Park Elementary, San Mateo High, and Borel Middle.- State average SAT score: 975.
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Job Market:
- 54.6% white-collar jobs, 45.4% blue-collar jobs.
- Unemployment rate: 4.0% (lower than state average of 4.7%).
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Demographics:
- Community population: 32,760 (11% growth since 2000).
- 56% families with children.
- Largest age group: 25-34 years (18.03%); second largest: 35-44 years (16.22%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.0°F (January), 66.5°F (July).
- Average rainfall: 20.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $61,942.
- Average annual spending: $49,596.
Property Features:
- Spacious rear unit overlooking large garden/pool.
- Approx. 2,150 sq. ft. in the well-maintained Nicolaides building.
- Generous closets and additional storage.
- Bright and cheerful with high ceilings and wide public hallways.
- “As is” addendum applies.
Location Benefits:
- Convenient access to grocery stores (Market Laraze, Neelam Supermarket, El Toro Meat Market), coffee shops (Bobabia, Eggettes, Tpumps), and restaurants (Los Primos, Los Primos Taqueria, El Rinconsito Catracho).
- Close to Martin Luther King Park, de Anza Historical Park, and Central Park.
- Family-friendly community with a growing population and diverse age groups.
- Rental estimate: $4,383–$5,830/month.