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ActiveCondo

$746,900

808 Laurel Ave Apt 202, San Mateo 94401

Beds2
Baths1
Sqft1,032
DOM9
No Photos Available

AddressIntel AI Briefing

This updated unit represents a strong buy-and-hold investment opportunity given its alignment with current market pricing and solid projected rental yield. Positioned in a high-demand neighborhood with low vacancy rates, it serves as an excellent low-maintenance addition to an income-focused portfolio.

Property Permit History

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

Recent Neighborhood Remodeling (San Mateo)

2026-09-0427 PRAGUE ST SAN MATEO 94401-1310 CA
Single Family (Alteration/Repair) - Alter
$25,000Issued
2026-09-03242 GREENFIELD AVE Unit: B SAN MATEO CA 94403-5010
Single Family (New) - New
$636,373Issued
2026-09-031543 KALMIA ST SAN MATEO CA 94402-3038
Single Family (Alteration/Repair) - Alter
$60,678Issued
2026-09-03242 GREENFIELD AVE SAN MATEO CA 94403-5010
Single Family (New) - New
$1,080,236Issued
2026-09-011542 ROBERTA DR SAN MATEO 94403-1044 CA
Single Family (Alteration/Repair) - Alter
$145,047Issued
2026-09-011600 LODI AVE SAN MATEO 94401-3658 CA
Single Family (Addition) - Add/Alter
$530,000Issued

Parcel & Zoning Info

APN140610020
Official Lot Sqft914
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score50/100
Price / Sqft$724 vs $722 mkt
Price vs Market+0.2% At market
Est. Rent$2,593/mo

Price positioning vs. 126 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

No
Not in a mapped liquefaction zone.

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.

Nearby Public Schools

Elementary School

Sunnybrae Elementary

San Mateo-Foster City

0.4 miles away
Middle School

Borel Middle

San Mateo-Foster City

0.8 miles away
High School

Aragon 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

66/100

Based on recent sales velocity and local demand in 94401.

Flippability Score

40/100

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

Bidding War Prob.

41%

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 (94401): $736/sqft. Sized within 25% of the 1,500 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$825,000
New Build1,500 sqft
Total Capital Required$1,746,900
Estimated Resale (ARV)$1,104,000
Cost of Sale (5%)-$55,200
Net Proceeds$1,048,800

Projected Profit

-$698,100
-40.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Mateo 94401)

Sized to the modelled 1,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

800 N El Camino Real Unit 102

Sold
$915,888
Sold: 2026-08-24
Lot: 1,433
Sqft: 1379
$/Sqft: $664

222 8th Ave Apt 304

Sold
$1,290,000
Sold: 2026-07-23
Lot: -
Sqft: 1373
$/Sqft: $940

225 9th Ave Apt 105

Sold
$1,230,000
Sold: 2026-07-15
Lot: -
Sqft: 1287
$/Sqft: $956

111 Saint Matthews Ave Apt 304

Sold
$975,000
Sold: 2026-07-09
Lot: 37,687
Sqft: 1348
$/Sqft: $723

11 Hayward Ave Unit 3002

Sold
$1,400,000
Sold: 2026-07-03
Lot: -
Sqft: 1530
$/Sqft: $915

35 9th Ave Apt 11

Sold
$1,350,000
Sold: 2026-07-02
Lot: -
Sqft: 1802
$/Sqft: $749

11 Hayward Ave Unit 1009

Sold
$925,000
Sold: 2026-06-16
Lot: -
Sqft: 1530
$/Sqft: $605

816 N Delaware St Apt 409

Sold
$739,000
Sold: 2026-05-29
Lot: 1,114,918
Sqft: 1204
$/Sqft: $614

425 N El Camino Real Unit 105

Sold
$820,000
Sold: 2026-05-29
Lot: 1,212
Sqft: 1238
$/Sqft: $662

21 Tidal Way

Sold
$1,110,000
Sold: 2026-05-29
Lot: 1,921
Sqft: 1235
$/Sqft: $899

10 9th Ave Apt 103

Sold
$975,000
Sold: 2026-05-27
Lot: 30,625
Sqft: 1644
$/Sqft: $593

10 9th Ave Apt 107

Sold
$1,200,000
Sold: 2026-05-22
Lot: -
Sqft: 1549
$/Sqft: $775