There are 1 bedroom condos available throughout the peninsula available in South Sf, San Bruno , San Mateo and Redwood City. I would be happy to speak with you and help you with a property search.
Before guiding you to an area that would work for your particular needs a few questions have to be answered:
1. Are you buying all cash or financing?
2. What kind of return are you looking for?
3. Strictly cash flow?
4. Are you looking to resell in a year or two or is this a long term investment?
5. Do you want a "move in" ready property or are you open to doing repairs?
6. What are your long term goals?
Although $350k may be to low for most of San Mateo and Redwood city, there are many other cities in the Bay Area with good "bargains" which can lend themselves to your needs.
Feel free to email or call me to discuss some options.
Are you asking for a real estate agent to post, on a public forum, the address of a property that can be bought for less than what other people would pay for it? Are you asking for a stranger to whisper in your ear, "hey buddy I have a really good deal for you"?
Your $350k price is too low for almost anything on the peninsula. However when looking for a property which hasn't appreciated as much in the last couple years, lower prices are the place to look. Less desirable properties have been the first to suffer from downturns and the last to recover. If demand continues to grow, they may return the greatest percentage appreciation.
Rental return is also typically higher for less expensive properties when compared to invested dollars.
Of the 838 homes in San Mateo County which have sold since Oct 1, 2013, 40 of them were sold below $350k.
San Mateo home values can be viewed at http://julianalee.com/san-mateo/san-mateo-statistics.htm
Redwood City home values at http://julianalee.com/redwood-city/redwood-city-statistics.htm
The minimum price recorded during each period is posted in the 9th graph from the top.
Top 2 agent nationwide at Keller Williams Realty, the nations largest
Over 20 years experience
Over 1,000 homes sold in Santa Clara County and San Mateo County