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ActiveTownhouse

$1,198,000

372 N El Camino Real Unit 10, San Mateo 94401

Beds3
Baths2.5
Sqft1,215
DOM8
No Photos Available

AddressIntel AI Briefing

This condo unit represents an investment play focused on cash-flow yield rather than development. Its asking price is significantly above the local price-per-square-foot market reference, meaning investors should negotiate aggressively or look for off-market bulk acquisition opportunities.

Property Permit History

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

Recent Neighborhood Remodeling (San Mateo)

2026-09-18960 SHORELINE DR SAN MATEO CA 94404-2024
Single Family (Alteration/Repair) - Repair - Repair
$28,000Issued
2026-09-18707 W CAPISTRANO WAY SAN MATEO 94402-2012 CA
Single Family (Alteration/Repair) - Alter - Alter
$97,084Issued
2026-09-18732 RAND ST SAN MATEO 94401-3110 CA
Single Family (Alteration/Repair) - Alter - Alter
$54,154Issued
2026-09-1618 ST JOHNS CT SAN MATEO 94401-2212 CA
Single Family (Addition) - Add/Alter - Add/Alter
$43,202Issued
2026-09-151201 SHORELINE DR SAN MATEO CA 94404-2056
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$4,300Issued
2026-09-154114 GEORGE AVE Unit: 4 SAN MATEO 94403-4713 CA
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$65,204Issued

Parcel & Zoning Info

APN123010100
Official Lot Sqft701
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score0/100
Price / Sqft$986 vs $743 mkt
Price vs Market+32.7% Above market
Est. Rent$4,160/mo

Price positioning vs. 133 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.

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

San Mateo Park Elementary

San Mateo-Foster City

0.5 miles away
Middle School

Borel Middle

San Mateo-Foster City

1.6 miles away
High School

San Mateo High

San Mateo Union High

0.6 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

65/100

Based on recent sales velocity and local demand in 94401.

Flippability Score

20/100

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

Bidding War Prob.

36%

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 7 recent townhome sales in San Mateo (94401): $807/sqft. Sized within 25% of the 1,800 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.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$990,000
New Build1,800 sqft
Total Capital Required$2,363,000
Estimated Resale (ARV)$1,452,600
Cost of Sale (5%)-$72,630
Net Proceeds$1,379,970

Projected Profit

-$983,030
-41.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Mateo 94401)

Sized to the modelled 1,800 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

160 Tilton Ave

Sold
$1,214,850
Sold: 2026-09-17
Lot: 1,486
Sqft: 1374
$/Sqft: $884

835 S Bayshore Blvd

Sold
$1,340,000
Sold: 2026-09-10
Lot: -
Sqft: 1775
$/Sqft: $755

725 2nd Ave

Sold
$1,532,000
Sold: 2026-08-14
Lot: -
Sqft: 1518
$/Sqft: $1,009

31 Tidal Way

Sold
$1,490,000
Sold: 2026-04-02
Lot: -
Sqft: 1983
$/Sqft: $751

701 2nd Ave Unit 2

Sold
$1,520,000
Sold: 2026-03-27
Lot: -
Sqft: 1730
$/Sqft: $879

369 N Claremont St Apt 3

Sold
$1,085,000
Sold: 2025-11-18
Lot: -
Sqft: 1448
$/Sqft: $749

320 S Humboldt St

Sold
$1,308,000
Sold: 2025-11-18
Lot: 2,023
Sqft: 1620
$/Sqft: $807