Property Overview:
40 W 3rd Ave #603 is a luxury condominium in San Mateo, CA 94402, built in 1980. It features 2 bedrooms, 2 bathrooms, and 2,300 sq. ft. of living space on the 6th floor with outstanding views. The estimated home value is $1,998,000.
Neighborhood Highlights:
-
Crime Rate:
- Personal crime risk: 7.4% (lower than state average of 11.8%).
- Property crime risk: 11.4% (slightly higher than state average of 10.8%).
- Overall crime risk: Low; 7 criminal and sex offenders within 1 mile.
-
Schools:
Nearby schools include Baywood Elementary, Aragon High, Borel Middle, and South Hillsborough.- Average SAT score: 1076 (higher than state average of 975).
-
Job Market:
- 69.3% white-collar jobs, 30.7% blue-collar jobs.
- Unemployment rate: 2.6% (lower than state average of 4.7%).
-
Demographics:
- Community population: 23,121 (3% growth since 2000).
- 66% families with children.
- Largest age group: 45-54 years (15.88%); second largest 35-44 years (15.56%).
-
Natural Disaster Risk:
- Very high earthquake risk, very low tornado risk, minimal flood risk.
-
Weather:
- Average temperature: 50.8°F (January), 68.3°F (July).
- Average rainfall: 19.5 inches/year.
- Average snowfall: 0 inches/year.
-
Cost of Living:
- Median household income: $102,281.
- Average annual spending: $69,902.
Property Features:
- Sophisticated 2-bedroom, 2-bath condo on the 6th floor with outstanding views.
- Spacious living room with wood-burning fireplace and built-in bookcases.
- Elegant formal dining room with balcony access.
- Bright and airy with high ceilings and new flooring throughout.
- Kitchen: New stainless Bosch dishwasher, Viking electric cooktop, breakfast nook, built-in desk, and balcony access.
- Ensuite primary bedroom and second bedroom with views.
- Central air-conditioning and heating.
- Ample closets, wet bar, in-unit laundry, trash chute.
- Secure 2-car underground parking and separate storage room.
- Amenities:
- 24-hour lobby attendant
- Pool, sauna, spa
- Exercise room, game room, sport court
- Meeting/recreation room with kitchen
Location Benefits:
- Prime location: Across from San Mateo Library, steps to downtown San Mateo, Central Park, movie theaters, shopping, and restaurants.
- Excellent public transportation access; minutes to SFO, San Francisco, Silicon Valley, and major commute routes (Highways 101 & 92).
- Luxury and convenience in an outstanding community.