Active

315 Grand Boulevard

San Mateo, CA 94401
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Bed 2

Bed

Bath 4

Bath

SqFt2,410

Sqft

SqFt7,591

Sqft(Lot)

Rare turnkey tutor style fourplex situated on a large 7,591 SqFt lot in one of the Bay Area's most coveted submarkets. Opportunity for owner-occupancy with up to 80% LTV conventional financing. Low cost alternative to a single family home. Three studio units and one 2-bed/1-bath unit. Two vacant fully remodeled units - a rear cottage studio and a 2-Bed/1-Bath flat - both with in-unit laundry. Substantial capital improvements completed including new electrical wiring and sub-panels, copper plumbing throughout, roof (2017), fencing, asphalt and concrete, and three units completely remodeled with high-end finishes. Two studios are rented, one of which is fully remodeled. An ADU consultancy's pre-feasibility study indicates that up to 5 ADU units can be added which would drive substantial in come and appreciation. There are 2 private 1-car garages and 5 uncovered parking spaces. Monthly rent: $9,965 (scheduled), $10,885 (proforma). The strong rent growth, shortage of housing units, proximity to large Silicon Valley employers, and ADU potential make 315 Grand Boulevard an exceptional investment for both the cash flow and appreciation-minded investor. Offering memorandum, disclosures, walkthrough video, and Matterport tours available.

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Detail Ic Property Details

Property Type : Residential

Price : $1,950,000

AD Id : 65946784

MLS Id : ML82014446

Beds : 2

Lot Size : 7,591 Sqft

Living Area Size : 2,410

Year Built : 1927

Garage : 2

County : San Mateo

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Composition,Shingle Property Appliances: Dishwasher,Electric Cooktop,Electric Oven,Freezer,Disposal,Microwave,Refrigerator,Vented Exhaust Fan,Dryer,Washer Fireplace: Family Room Flooring: Carpet,Tile
  • Cooling Features

    Air Conditioning

    Heating Source

    Has Heating

    Fireplace

    Fireplace Features: Family Room Has Fireplace: 1

  • Building Information

    Year Built: 1927 Roof: Composition,Shingle
  • Foundation

    Slab
  • Accessibility Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1743
  • Lot Size Source: Assessor Lot Size Square Feet: 7591

  • Listing Price Information

    Original List Price: 1,950,000 Listing Contract Date: 2025-07-12
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 032161110

  • Garage and Parking

    Garage Description: Off Street,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: Cross Street: N San Mateo Dr Zoning: R-3 Source Property Type: Residential Area: 699 - Not Defined Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 99 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 2410
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Trollman Avenue, San Mateo, CA, 94401 $1,888,888 3 2 1,690 1,690 SqFt
Indian Avenue, San Mateo, CA, 94401 $1,600,000 4 2 2,655 2,655 SqFt
Lodi Avenue, San Mateo, CA, 94401 $1,400,000 3 2 1,040 1,040 SqFt
1440 Lodi Avenue, San Mateo, CA, 94401 $1,450,000 3 2 1,040 1,040 SqFt
1425 Royal Avenue, San Mateo, CA, 94401 $1,398,888 3 2 1,190 1,190 SqFt
Trollman Avenue, San Mateo, CA, 94401 $1,600,000 3 2 1,690 1,690 SqFt
430 Cavanaugh Street, San Mateo, CA, 94401 $1,680,000 4 2 2,190 2,190 SqFt
225 Eldorado Street, San Mateo, CA, 94401 $1,588,000 3 2 1,340 1,340 SqFt
137 Elm Street, San Mateo, CA, 94401 $2,175,000 4 3 2,380 2,380 SqFt
871 Woodside Way, San Mateo, CA, 94401 $1,880,000 -- -- 2,242 2,242 SqFt

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ByOwner last updated this listing 06/06/2026 @ 10:00

MLS: ML82014446 LISTED BY: Ismael Benhamida, Compass 415-345-3000 SOURCE: CRMLS

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