Property Overview:
555 Laurel Ave, Apt 509 is a condominium unit in San Mateo, CA, built in 1980. It features 2 bedrooms, 2 bathrooms, and 1,786 sq. ft. of living space. The home includes a parking garage, fireplace, cooling system, and in-unit laundry. The estimated home value is $1,603,000 (last sold for $1,502,000 in 2017).
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 Sunnybrae Elementary, Borel Middle, and Aragon High.- Average SAT score: 975 (state average).
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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:
- Low 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:
- Beautifully remodeled, single-level residence at The Gramercy.
- Open floor plan with living/dining room combo and views toward Central Park.
- Remodeled kitchen with stainless steel appliances.
- In-unit laundry room with washer and dryer.
- Two generous bedrooms, including an expansive primary suite.
- Abundant storage: in-unit and 2 storage cabinets.
- Plantation shutters throughout.
- Deeded parking and extra storage unit.
- Community amenities:
- 24/7 doorperson
- Stunning central courtyard
- Expansive pool
- Gym
- Library/sitting room
- Community rooms
- Secured parking
- On-site management
Location Benefits:
- Prime downtown location in San Mateo.
- Across from renowned Central Park.
- Convenient access to shopping, dining, and public transportation.
- Immaculate, verdant grounds with a circular driveway entrance.
- Safe, family-friendly community with a strong job market and excellent amenities.