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Activecondos

$550,000

3090 Los Prados St Apt 24, San Mateo 94403

Beds2
Baths2
Sqft900
DOM179
No Photos Available

AddressIntel AI Briefing

High flippability for a condo with clear upside to the high-$700k range. Factor in HOA and liquefaction risks, but expect a quick exit once remodeled.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (San Mateo)

2026-10-20 • 308 42ND AVE SAN MATEO CA 94403-5004
Single Family (Addition) - Add/Alter - Add/Alter
$234,243Issued
2026-10-20 • 416 FAIRFAX AVE SAN MATEO 94402-2210 CA
Single Family (Alteration/Repair) - Alter - Alter
$7,500Issued
2026-10-19 • 1464 WOODBERRY AVE SAN MATEO 94403-3765 CA
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat) - Kitchen & Bath Remodel (Flat)
$30,000Issued
2026-10-19 • 723 COSTA RICA AVE SAN MATEO 94402-1014 CA
Single Family (New) - New - New
$197,500Issued
2026-10-18 • 2630 ALAMEDA DE LAS PULGAS SAN MATEO 94403-2652 CA
Single Family (Addition) - Add/Alter - Add/Alter
$285,704Issued
2026-10-17 • 3513 CASANOVA DR SAN MATEO 94403-2908 CA
Single Family (Alteration/Repair) - Alter - Alter
$15,815Under Review

Parcel & Zoning Info

APN107810090
Official Lot Sqft869
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score100/100
Price / Sqft$611 vs $844 mkt
Price vs Market-27.6% Below market
Est. Rent$1,910/mo

Price positioning vs. 106 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Seller Motivation

Motivation Score50/100
Some motivation
Motivated / relocation90+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Foster City Elementary

San Mateo-Foster City

0.4 miles away
Middle School

Abbott Middle

San Mateo-Foster City

1.8 miles away
High School

Design Tech High

San Mateo Union High

1.3 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

78/100

Based on recent sales velocity and local demand in 94403.

Flippability Score

60/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

1%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 12 recent condo sales in San Mateo (94403): $848/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,400 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$770,000
New Build1,400 sqft
Total Capital Required$1,495,000
Estimated Resale (ARV)$1,246,000
Cost of Sale (5%)-$62,300
Carry (33mo @ 7%)-$196,831
Net Proceeds$986,869

Projected Profit

-$508,131
-34.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Mateo 94403)

Sized to the modelled 1,400 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1700 DE Anza Blvd Unit 109C

Sold
$805,000
Sold: 2026-10-05
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Sqft: 1060
$/Sqft: $759

2449 Willow Way

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$1,304,528
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$/Sqft: $941

1951 Ofarrell St Apt 216

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$921,000
Sold: 2026-09-14
Lot: 1,433
Sqft: 1274
$/Sqft: $723

2886 Baze Rd

Sold
$1,633,000
Sold: 2026-08-28
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Sqft: 1390
$/Sqft: $1,175

18 Hillbarn Ct

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$1,910,000
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Sqft: 1530
$/Sqft: $1,248

1951 Ofarrell St Apt 207

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$870,000
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$/Sqft: $761

2747 Tiburon St

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$1,690,000
Sold: 2026-08-11
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$/Sqft: $970

10 Scenic Way Apt 307

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$900,000
Sold: 2026-07-28
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$/Sqft: $791

1525 Day Ave Unit E

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$615,000
Sold: 2026-07-22
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$/Sqft: $583

1700 DE Anza Blvd Unit 306C

Sold
$985,000
Sold: 2026-06-26
Lot: -
Sqft: 1060
$/Sqft: $929

2737 Tiburon St

Sold
$1,457,785
Sold: 2026-06-22
Lot: -
Sqft: 1609
$/Sqft: $906

10 Scenic Way Apt 302

Sold
$850,000
Sold: 2026-06-17
Lot: 327,072
Sqft: 1292
$/Sqft: $658