315 Grand Boulevard, San Mateo, CA 94401
Local realty services provided by:ERA Excel Realty
315 Grand Boulevard,San Mateo, CA 94401
$1,950,000
- - Beds
- - Baths
- 2,410 sq. ft.
- Multi-family
- Active
Listed by: ismael benhamida, hanna john azar
Office: compass415-345-3000
MLS#:ML82014445
Source:CRMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$809.13
About this home
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 income 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....
Contact an agent
Home facts
- Year built:1927
- Listing ID #:ML82014445
- Added:314 day(s) ago
- Updated:May 23, 2026 at 01:22 PM
Rooms and interior
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher, Electric Cooktop, Electric Oven, Freezer, Microwave, Refrigerator, Vented Exhaust Fan
- Living area:2,410 sq. ft.
Structure and exterior
- Roof:Composition, Shingle
- Year built:1927
- Building area:2,410 sq. ft.
- Lot area:0.17 Acres
- Architectural Style:Tudor
- Foundation Description:Slab
Schools
- High school:San Mateo
- Middle school:Other
- Elementary school:Other
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$809.13
- Tax amount:$22,504
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Freezer, Microwave, Refrigerator, Vented Exhaust Fan
Parking
- Total parking spaces:5
- Parking description:Off Street, Uncovered
- Garage:Yes
- Garage spaces:2
New listings near 315 Grand Boulevard
$4,595,000Pending4 beds 3 baths2,413 sq. ft.442 Hurlingham Avenue, San Mateo, CA 94402
MLS# ML82048272Listed by: KW ADVISORS- New
$1,795,000Active3 beds 2 baths1,920 sq. ft.612 Highland Avenue, San Mateo, CA 94401
MLS# ML82048256Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SERENO - Open Sun, 2 to 4pmNew
$850,000Active2 beds 2 baths1,077 sq. ft.605 Highland Avenue #7, San Mateo, CA 94401
MLS# ML82048268Listed by: COMPASS - Open Sun, 1 to 4pmNew
$3,795,000Active5 beds 4 baths3,270 sq. ft.429 Virginia Avenue, San Mateo, CA 94402
MLS# ML82048235Listed by: COMPASS - Open Sun, 1 to 4pmNew
$1,588,000Active2 beds 2 baths1,310 sq. ft.1057 Shoal Drive, San Mateo, CA 94404
MLS# ML82047923Listed by: COLDWELL BANKER REALTY - Open Sun, 1 to 4pmNew
$1,348,000Active3 beds 3 baths1,374 sq. ft.160 Tilton Avenue, San Mateo, CA 94401
MLS# ML82048217Listed by: COMPASS - Open Sun, 1 to 4pmNew
$1,999,000Active3 beds 3 baths2,190 sq. ft.3404 Douglas Court, San Mateo, CA 94403
MLS# ML82047776Listed by: COMPASS - Open Sun, 1 to 4pmNew
$680,000Active2 beds 2 baths913 sq. ft.401 S Norfolk Street #318, San Mateo, CA 94401
MLS# ML82048190Listed by: KW ADVISORS - Open Sun, 2 to 4pmNew
$1,498,000Active3 beds 3 baths2,030 sq. ft.41 Tollridge Court, San Mateo, CA 94402
MLS# ML82048174Listed by: COLDWELL BANKER REALTY - Open Sun, 11am to 3pmNew
$1,288,000Active2 beds 2 baths1,770 sq. ft.2329 Ticonderoga Drive, San Mateo, CA 94402
MLS# ML82048166Listed by: REAL BROKERAGE TECHNOLOGIES