2 Beds ; 2 Bath ; 1,856 sqft ; Built in 1988
In the Hillsborough Gateway community, this wonderfully remodeled ground floor condo is located just a few blocks from downtown San Mateo's restaurants and shopping! Conveniently situated next to the front gate, this stunning end unit features a spacious entry foyer with arched doorways. The living room with wet bar contains French doors opening to the backyard. The formal dining room is separated by a dual sided, wood burning fireplace. The remodeled eat-in kitchen features, stainless steel appliances, electric cook top, double oven range, new countertops, back splash and ample cabinetry. Down the hallway is the guest bedroom facing the community atrium with shared doors to the remodeled guest bathroom featuring a shower over tub and original tile countertop and in-unit washer and dryer. Finishing off the west wing is the luxurious primary suite which houses a remodeled bathroom with tiled stall shower and tub, dual sink vanity, a large walk-in closet and spacious bedroom with access to the backyard. The private backyard has plenty space for entertaining. Building amenities include a spectacular atrium, fenced pool, gym, security gate/door person and 1 parking space in underground, secured parking lot. Close to San Mateo Public Library, San Mateo Central Park, public transportation and sought-after public schools!
FAQ's:
Would you consider pets?
No Pets at all
The pin pad by the entrance, is that a working security system?
It's an alarm system from California Security.
Would you be open to installing blinds/curtains in the living room, dining room & bedroom windows?
No, but I'm not objecting to tenants installing them themselves but must remove them when they vacate.
May they install a wall mounted TV?
Yes, but must pay for paint and patch, through their deposit when they vacate. Approx $250.
LANDSCAPING/PATIO
Are there building landscapers who water the plants in the backyard? Are they obligated to?
I have my own landscaper for the patio who I pay for (included). All other outside provided by HOA.
Is there a garden service that maintains the tree and shrubs in the patio area? If so, would they need access through the unit to do so on a weekly basis?
A gardener comes once a week and enters from the locked, side gate. He has a key, and a key will also be given to the tenant.
Can they BBQ/grill in the backyard?
Yes with a gas grill only
PARKING
Would you be open to leasing the 2nd parking space, or would you know any other parking spaces available to rent? / Is there any option to get another parking spot within the garage?
Yes, contact the front office. They can search available parking spaces in the building
Is there any guest parking? If not, how hard is it for guests to park on the street? Do they need a permit for long-term street parking?
No guest parking, mostly street parking. It's fairly easy to park. Library customers come and go throughout the day.
For long-term parking, go to City Hall and provide a Driver's License. They will give you a plaque to place on your car.
GYM
How often does the gym get cleaned?
3 times a week. There are also disinfectant sprays present. Not many people use the gym.
What are the hours that the gym can be used?
It's open all day but needs to be vacant when the cleaning service arrives
PRIMARY BATHROOM
In the primary bathroom, can you tell us what the "Set Time" & "Start/Stop" buttons do?
There is a "spa" jets feature in the tub
Is it heated?
Hot water, like a regular bathtub.
Are there any footsteps sounds/noise from the unit above?
Not that I know of.
Can they use the fireplace?
Yes. It is a working wood burning fireplace.
Was this unit a rental in the past or did the owners live there and for how long?
I purchased it a year and a half ago. Totally renovated, gutted, and remodeled the unit then rented it to 1 single tenant.
LONG TERM LEASE
Are they open to a long term lease for 2 or more years?
Yes, based on application and residential history.
If they could extend the 12 month lease, would the monthly rent go up?
Yes, rent would increase annually per the CPI.
Are they looking to sell in the next few years?
No plans to
UTILITIES
Do the owners pay the HOA fees and if so, does it cover garbage or any utilities?
No Water bill. Tenants would cover electricity / PG&E / Internet
Who covers the electricity bill?
Tenant per PG&E
Rules on noise/sound?
Per HOA, there are timeframes allotted for construction/installation noise.
Everyone is usually home by 8:00pm. The building goes quiet after 10:00pm.
Is there A/C?
Yes, the HVAC is located at the left closet in the entryway.
Where are deliveries/packages usually stored?
The front office takes all packages with unit # and gives them to tenant/owner when they pick up mail.
Security + 1st Month + Last Month
Sold for $1,435,000
$1,435,000
111 W 3rd Ave APT 108, San Mateo, CA 94402
2beds
2baths
1,856sqft
Apartment
Built in 1988
-- sqft lot
$1,460,700 Zestimate®
$773/sqft
$5,511 Estimated rent
Home value
$1,460,700
$1.33M - $1.61M
$5,511/mo
Zestimate® history
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List your homeWhat's special
Fenced poolWet barGuest bedroomPrivate backyardSpectacular atriumLuxurious primary suiteFrench doors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,856 sqft
Property
Parking
- Parking features: Garage - Detached
Lot
- Size: 0.84 Acres
Details
- Parcel number: 109400080
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1988
Community & HOA
Community
- Features: Fitness Center
HOA
- Has HOA: Yes
- HOA fee: $950 monthly
Location
- Region: San Mateo
Financial & listing details
- Price per square foot: $773/sqft
- Tax assessed value: $1,412,984
- Annual tax amount: $17,927
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $1,435,000+11.1%$773/sqft |
Source: Public Record Report a problem | ||
| 12/1/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/31/2022 | Price change | $4,975-7.9%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/19/2022 | Listed for rent | $5,400+11.3%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/8/2021 | Listing removed | -- |
Source: | ||
| 6/14/2021 | Price change | $4,850+26%$3/sqft |
Source: | ||
| 6/10/2021 | Price change | $3,850-33%$2/sqft |
Source: | ||
| 3/29/2021 | Listed for rent | $5,750$3/sqft |
Source: | ||
| 12/27/2019 | Sold | $1,292,000+0.3%$696/sqft |
Source: | ||
| 12/14/2019 | Pending sale | $1,288,000$694/sqft |
Source: Coldwell Banker Residential Brokerage - San Mateo-Downtown #81776218 Report a problem | ||
| 11/23/2019 | Listed for sale | $1,288,000+56.1%$694/sqft |
Source: Coldwell Banker Residential Brokerage #ML81776218 Report a problem | ||
| 7/13/2007 | Sold | $825,000+65%$445/sqft |
Source: Public Record Report a problem | ||
| 6/8/1999 | Sold | $500,000$269/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,927 +2.6% | $1,412,984 +2% |
| 2024 | $17,480 +2.5% | $1,385,280 +2% |
| 2023 | $17,053 +1.4% | $1,358,119 +2% |
| 2022 | $16,820 +1.7% | $1,331,491 +2% |
| 2021 | $16,535 +0.4% | $1,305,384 +1% |
| 2020 | $16,471 +32.9% | $1,292,000 +33% |
| 2019 | $12,391 +7.1% | $971,426 +2% |
| 2018 | $11,572 +3.9% | $952,379 +2% |
| 2017 | $11,134 +0.2% | $933,706 +2% |
| 2016 | $11,110 +16.1% | $915,399 +1.5% |
| 2015 | $9,565 | $901,649 +16.3% |
| 2014 | $9,565 | $775,000 +18.8% |
| 2013 | -- | $652,500 |
| 2012 | -- | $652,500 -4% |
| 2011 | -- | $680,000 |
| 2010 | -- | $680,000 -2.6% |
| 2009 | -- | $698,000 -15.4% |
| 2008 | -- | $825,000 +41% |
| 2007 | -- | $585,060 +2% |
| 2006 | -- | $573,589 |
| 2005 | -- | $573,589 +4% |
| 2004 | -- | $551,318 +1.9% |
| 2003 | -- | $541,214 +2% |
| 2002 | -- | $530,603 +2% |
| 2001 | -- | $520,200 +2% |
| 2000 | -- | $510,000 |
Find assessor info on the county website
Neighborhood: Baywood Knolls
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Nearby schools
GreatSchools rating
- 7/10Baywood Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Borel Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Aragon High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,460,700
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Estimated market value
$1,460,700
- California
- San Mateo County
- San Mateo
- 94402
- Baywood Knolls
- 111 W 3rd Ave Apartment 108