Property Overview:
601 Laurel Ave, Apt 406 is a condominium unit in San Mateo, CA, built in 1992. It features 2 bedrooms, 2 bathrooms, and 1,480 sq. ft. of living space. The home includes a parking garage and is currently valued at approximately $852,700. This residence offers a spacious floor plan, sophisticated lighting, generous closet space, attractive built-ins, and brand new kitchen appliances. Enjoy northern exposure for abundant natural sunlight without excessive heat. Designed for luxury senior living with all the amenities of a CCRC (Continuing Care Retirement Community).
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.- 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:
- 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:
- Spacious and popular floor plan with sophisticated lighting.
- Generous closet space and attractive built-ins.
- Brand new kitchen appliances.
- Northern exposure for natural sunlight without excess heat.
- Luxury senior living with CCRC amenities.
- Monthly Service/Amenity Fee: $4,977 (first person), $2,346 (second person).
- Monthly HOA: $70.
Location Benefits:
- Safe and growing community with a low crime rate.
- Convenient access to quality schools and job opportunities.
- Commuter-friendly location in the heart of San Mateo.
- Ideal for senior living with a focus on comfort, amenities, and security.