32 E  40th Ave #04, San Mateo, CA 94403
Property image
Property image
OFF MARKET

$845,000

Trulia Estimate
  • 1 Bed
  • 1 Bath

32 E 40th Ave #04, San Mateo, CA 94403

San Mateo Village
Est. Refi. Payment $5,177/mo*
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Home Value

Trulia Estimate
$845K
Since last month
Decreased$285K (-25.2%)
Since last year
Decreased$103K (-10.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -19% in the last 10 years
MonthEstimated value
2026
August 2026$845K
July 2026$1.13M
June 2026$1.05M
May 2026$1.1M
April 2026$1.03M
March 2026$753K
February 2026$694K
January 2026$897K
2025
2024
2023
2022
2021
2020
2019

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Multi-Family Home
$1,755,000
03/20/26
5
2
2,962
0.20
Multi-Family Home
$1,650,000
05/25/26
4
2
2,553
0.24
Multi-Family Home
$1,650,000
05/26/26
4
2
2,553
0.31
Multi-Family Home
$1,520,000
01/09/26
3
2
2,470
0.86
Multi-Family Home
$2,049,000
11/21/25
1
1
4,192
0.17
Multi-Family Home
$1,760,000
11/21/25
4
4
2,520
0.24
Multi-Family Home
$2,070,000
05/18/26
5
3
2,373
0.08
Multi-Family Home
$2,400,000
11/17/25
8
8
5,750
1.12
Multi-Family Home
$4,875,000
02/23/26
1
1
10,048
1.12
Multi-Family Home
$3,600,000
12/30/25
1
1
9,233

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$1,718,500
4
4
2,288
Off Market
0.08
$1,996,000
5
4
3,943
Off Market
0.08
$2,400,000
8
8
5,750
Recently Sold
0.11
$1,755,000
5
2
2,962
Recently Sold
0.16
$1,840,400
3
2
1,120
Off Market
0.12
$1,988,000
3
2
1,460
Off Market
0.16
$1,768,300
3
2
1,180
Off Market
0.12
$642,400
2
1
840
Off Market
0.14
$1,439,500
2
1
860
Off Market
0.18
$1,630,300
2
2
1,070
Off Market
0.14
$750,700
2
2
1,128
Off Market
0.17
$1,760,000
4
4
2,520
Recently Sold

Local Information

  • Map ViewExplore the area around 32 E 40th Ave #04.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family

About this House

This multi-family home is located at 32 E 40th Ave #04, San Mateo, CA. 32 E 40th Ave #04 is in the San Mateo Village neighborhood in San Mateo, CA and in ZIP code 94403. This property has 1 bedroom and 1 bathroom.
32 E 40th Ave #04, San Mateo, CA 94403 is a 1 bedroom, 1 bathroom multi-family in San Mateo Village. More recently, it was listed as a rental in November 2019 with an asking price of $2,300 per month. That rental listing was removed on January 12, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $845,000, with a rent estimate of $2,601/month.

Home Details for 32 E 40th Ave #04

Property Information

Property Type / Style
Property Type: Multi Family

Community

Units in Building: 10

Price and Tax history

DateEventPrice
Jan 12, 2020
Source: Agent Provided
ListingRemoved
$2,250
Nov 26, 2019
Source: Agent Provided
PriceChange
$2,250
Price decreased by 2%
Nov 22, 2019
Source: Agent Provided
Listed For Rent
$2,300

Market trends in San Mateo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.81M
$8.33K
MoM
Sale-to-List Price
106.6%
0.4%
MoM
Price per sq ft
$1.18K
$12
MoM
Available listings
146
34
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about San Mateo Village

At least 18 Trulia users voted on each feature.
  • 91 % Say there are sidewalks

  • 88 % Say there's holiday spirit

  • 85 % Say parking is easy

  • 83 % Say kids play outside

  • 83 % Say it's dog friendly

  • 79 % Say people would walk alone at night

  • 77 % Say streets are well-lit

  • 72 % Say it's walkable to restaurants

  • 68 % Say yards are well-kept

  • 68 % Say it's quiet

  • 67 % Say car is needed

  • 65 % Say they plan to stay for at least 5 years

  • 56 % Say it's walkable to grocery stores

  • 51 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Paul
    "We’ve lived here since May 2020 and love it here. Very kid and dog friendly neighborhood. Lots of young families here or people who’ve been here generations. It has a middle class feel to it, in all the right ways."
  • Trulia User
    "This is a very dog friendly neighborhood and people are friendly too. Many people walking late at night, very safe place to walk."
  • Unspecified
    "Very safe neighborhood! Also close enough to downtown, shopping and restaurants that you can walk to some and 2 min drive to others. Feels like a strong community."
  • Unspecified
    "People go all out decorating for holidays, it’s fun and safe to walk around and see all the decorations"
  • Unspecified
    "I work in downtown San Mateo and live in the village. Easy commute, 5-10min tops with traffic. Awesome food options all over San Mateo close to the village neighborhood"
  • Akubovcik
    "I've lived here for 23 years. Hilldale shopping center is within walking distance, so is Caltrain, Bay Meadows shopping districe. Very nice neighbors."

LGBTQ Local Legal Protections

Frequently asked questions about 32 E 40th Ave #04

  • What is 32 E 40th Ave #04 estimated to be worth?
    Trulia's estimated value for 32 E 40th Ave #04 in San Mateo, CA is $845,000.
  • Is San Mateo a buyer's or seller's market?
    San Mateo is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in San Mateo?
    The median sale price in San Mateo is $1.81M. That is down $8.33K from the prior month.
  • What do residents say about the San Mateo Village neighborhood?
    Residents describe the San Mateo Village neighborhood in San Mateo, CA as pedestrian-friendly, easy to park in, and dog-friendly. See recently sold homes in San Mateo Village, San Mateo.

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Off Market Homes Near 32 E 40th Ave #04

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