Los Prados, like Lakeshore and Shoreview, abuts Foster City. As such, it also shares many of its neighbor’s attributes, including large apartment/condominium complexes and waterfront property, which you’ll find on Lago and Los Prados Streets. Traditionally, homes for sale on these streets are of the modest, California ranch variety, selling for $1.2 to $1.7 million. in recent years a few small developers have targeted Los Prados real estate, adding a few high-end waterfront homes to the mix. These residences have commanded prices ranging above $2 million.
On Kimberly Way, the last of Los Prados’ waterfront streets, is a subdivision built in the late 1970s. Two- and three-bedroom townhouses, many with canal frontage, sell here for anywhere from $1 to $1.4 million, depending on location.
Los Prados is separated from the rest of San Mateo by East Hillsdale Boulevard and the Bayshore Freeway. Its proximity to both makes it a good choice for commuters. The neighborhood is mostly residential, except for the Los Prados Shopping Center at the corner of Hillsdale and South Norfolk Street, which counts among its businesses the Best Western San Mateo/Los Prados Inn. The small neighborhood's inland streets include the City South Apartments, at 3055 La Selva, a large, multi-unit complex where rent for one-, two- and three-bedroom units starts at approximately $2,900 per month.
At Los Prados’ heart is Los Prados Park. Accessible on Bahia Street and Casa de Campo, the park offers tennis and basketball courts, a baseball field, picnic tables and acres of open green space.
Considering its convenient location, its waterfront and its sizeable central park, Los Prados real estate is an entry-level bargain. One-bedroom condominiums here can be had for less than $200,000 and sturdy, three-bedroom, 1,500 square-foot single-family homes can sell for under $600,000. Perhaps it’s time to take a longer glance at this often overlooked east San Mateo neighborhood.
To view a detailed google map of the Los Prados neighborhood, click here. The MLS area is 422.
Home Data per tax records
|Single Family Homes|
|1 Bedroom Homes||none|
|2 Bedroom Homes||68|
|3 Bedroom Homes||120|
|4 Bedroom Homes||47|
|5+ Bedroom Homes||4|
|Number of Sales||45|
|Percent List Price Received||114.1%|
|Median Sales Price||$1,453,000|
|Average Sale Price||$1,509,000|
|Lowest Sale Price||$940,000|
|Highest Sale Price||$2,729,000|