940 S Idaho St, San Mateo, CA 94402

A Great Investment Opportunity in San Mateo, CA Property Details A classic single-family house featuring 4 bedrooms, 2 bathrooms, and 2,300 sqft of living space on a 5,600 sqft lot with a detached 2-car garage. • Roof: Fair • Furnace: Fair • AC: Fair • Plumbing: Good • Electrical Panel: Fair • Water Heater: Fair The property will be delivered vacant at closing. Investment Highlights • Well-maintained home in a hot market with strong overbid trends (recent comps showing $250K-$470K overbids) • Located close to downtown shops and restaurants, Central Park, top-rated schools (including 10/10 Aragon High School), and commuter access • Low crime and flood risk area in the highly desirable San Mateo-Foster City School District • Comparable sales range from $2.24M to $2.67M with Days on Market of 4-6 weeks • Estimated rehab cost of $157K for cosmetic updates including exterior paint, flooring, kitchen and bathroom updates • Strong buyer demand in this zip code with 100% sales rate and average of 32 interested buyers per deal Financial Summary • ARV (After Repair Value): $2,350,000 - $2,450,000 A Wonderful Wholesale Opportunity!