315 Grand Boulevard, San Mateo, CA 94401

San Mateo
Local realty services provided by:ERA North Orange County Real Estate
315 Grand Boulevard,San Mateo, CA 94401
$1,950,000
  • - Beds
  • 4 Baths
  • 2,410 sq. ft.
  • Multi-family
  • Active
Listed by: ismael benhamida, hanna john azar
Office: compass
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,...

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Home facts

  • Year built:1927
  • Listing ID #:ML82014445
  • Added:266 day(s) ago
  • Updated:April 05, 2026 at 10:44 AM

Rooms and interior

  • Total bathrooms:4
  • Flooring:Carpet, Tile
  • Kitchen Description:Dishwasher, Disposal, 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 Cook Top, Electric Oven, Freezer

Parking

  • Total parking spaces:5
  • Parking description:Off Street, Uncovered
  • Garage:Yes
  • Garage spaces:2
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