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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

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Roofing Information

    Composition, Shingle

    Flooring Information

    Carpet, Tile
  • Interior Features

    Roof: Composition, Shingle
    Appliances: Dishwasher, Electric Cooktop, Electric Oven, Freezer, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Has Cooling: Yes

  • Building Information

    Year Built: 1927
    Private Pool: No

  • Lot Information

    Main Square Feet: 7591 Lot Size Acres: 0.1743 Lot Size Source: Assessor Lot Size Square Feet: 7,591

  • Listing Price Information

    Listing Price: $1950000

  • Tax Information

    Parcel Number: 032161110

  • Parking Information

    Parking Total: 5 Off Street, Uncovered

    Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School: Other Junior High School: Other Senior High School: San Mateo
  • Location Information

    Direction: Cross Street: N San Mateo Dr WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1640 Lodi Avenue, San Mateo, CA, 94401 $1,499,888 3 2 1,516 1,516 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
Trollman Avenue, San Mateo, CA, 94401 $1,888,888 3 2 1,690 1,690 SqFt
Trollman Avenue, San Mateo, CA, 94401 $1,600,000 3 2 1,690 1,690 SqFt
430 Cavanaugh Street, San Mateo, CA, 94401 $1,633,000 4 2 2,190 2,190 SqFt
418 N Kingston Street, San Mateo, CA, 94401 $1,488,888 3 2 1,150 1,150 SqFt
1114 Palm Avenue, San Mateo, CA, 94401 $2,950,000 3 2 2,600 2,600 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 07/22/2026 @ 17:46

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

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