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Activecondos

$998,000

10 Crystal Springs Rd Unit 1402, San Mateo 94402

Beds2
Baths2
Sqft1,377
DOM181
No Photos Available

AddressIntel AI Briefing

Better priced than its sibling unit, offering a solid 26% ROI potential. Liquefaction risk is noted but secondary to the excellent interior-only scope.

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

APN104560220
Official Lot Sqft1,472
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score63/100
Price / Sqft$725 vs $776 mkt
Price vs Market-6.6% At market
Est. Rent$3,465/mo

2 units in this building are on the market now (median $767/sqft).

Price positioning vs. 71 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 Score30/100
Some motivation
90+ 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

South Hillsborough

Hillsborough City Elementary

0.6 miles away
Middle School

Borel Middle

San Mateo-Foster City

1.1 miles away
High School

San Mateo High

San Mateo Union High

0.9 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

68/100

Based on recent sales velocity and local demand in 94402.

Flippability Score

72/100

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 (94402): $746/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,100 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$1,155,000
New Build2,100 sqft
Total Capital Required$2,328,000
Estimated Resale (ARV)$1,644,300
Cost of Sale (5%)-$82,215
Carry (33mo @ 7%)-$320,128
Net Proceeds$1,241,958

Projected Profit

-$1,086,043
-46.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Mateo 94402)

Sized to the modelled 2,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

50 Mounds Rd Apt 204

Sold
$1,225,000
Sold: 2026-10-13
Lot: -
Sqft: 2036
$/Sqft: $602

24 Mounds Rd Apt A

Sold
$2,050,000
Sold: 2026-08-24
Lot: 2,369
Sqft: 2100
$/Sqft: $976

22 DE Sabla Rd

Sold
$2,150,000
Sold: 2026-08-06
Lot: 7,700
Sqft: 1704
$/Sqft: $1,262

10 Crystal Springs Rd Unit 1310

Sold
$1,535,000
Sold: 2026-07-15
Lot: 1
Sqft: 2341
$/Sqft: $656

555 Fulton Rd Unit 101

Sold
$1,900,000
Sold: 2026-06-17
Lot: -
Sqft: 2094
$/Sqft: $907

28 W 4th Ave Apt 11

Sold
$1,260,000
Sold: 2026-06-12
Lot: 1,613
Sqft: 1700
$/Sqft: $741

50 Mounds Rd Apt 107

Sold
$1,250,000
Sold: 2026-05-07
Lot: -
Sqft: 2076
$/Sqft: $602

111 W 3rd Ave Apt 201

Sold
$1,850,000
Sold: 2026-05-04
Lot: -
Sqft: 2210
$/Sqft: $837

50 Mounds Rd Apt 108

Sold
$1,288,888
Sold: 2026-04-07
Lot: -
Sqft: 2036
$/Sqft: $633

26 W 4th Ave Apt 1

Sold
$1,200,000
Sold: 2026-02-03
Lot: 24,000
Sqft: 1600
$/Sqft: $750

149 W 3rd Ave

Sold
$1,825,000
Sold: 2025-11-21
Lot: -
Sqft: 1829
$/Sqft: $998

50 Mounds Rd Apt 305

Sold
$1,459,000
Sold: 2025-10-15
Lot: -
Sqft: 2076
$/Sqft: $703