Property Overview:
327 N Eldorado St is a multi-family home (duplex) in San Mateo, CA, built in 1952. It features a front unit with 2 bedrooms, 1 bathroom and a back unit with 3 bedrooms, 2 bathrooms plus an extra room downstairs. The total living space is 3,570 sq. ft. Additional features include hardwood floors, a 2-car garage, a deck, and proximity to downtown, transportation, and freeway access.
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: 0.0 inches/year.
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Cost of Living:
- Median household income: $61,942.
- Average annual spending: $49,596.
Property Features:
- Duplex:
- Front unit: 2 bedrooms, 1 bathroom.
- Back unit: 3 bedrooms, 2 bathrooms, plus extra room downstairs.
- Hardwood floors throughout.
- 2-car garage and deck.
- Well-kept and includes an extra office (front house).
- Available for rent (one-year lease for front house) or purchase via auction (foreclosure opportunity).
Location Benefits:
- Close to downtown, public transportation, and freeway access.
- Family-friendly community with a growing population.
- Investment potential: Available through Auction.com as a foreclosure property, offering a chance for profit and updates on auction status.