Property Overview:
740 Ada St is a single-family home in San Mateo, CA, built in 1949. It features 3 bedrooms, 1 bathroom, and 1,000 sq. ft. of living space. The home includes a parking garage and sits on a large rear yard. The estimated home value is $1,195,000. The property is being sold as-is and is noted as the lowest priced home available in San Mateo with great potential for contractors.
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 LEAD 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:
- 3 bedrooms, 1 bathroom, 1,000 sq. ft.
- Parking garage
- Large rear yard
- Sold as-is—ideal for contractors or those seeking a fixer-upper
- Lowest priced home currently available in San Mateo
Location Benefits:
- Family-friendly community with a majority of households having children
- Safe neighborhood with crime rates below state averages
- Convenient access to local schools and amenities
- Strong job market and growing population
- Mild weather year-round with minimal risk of snow