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
  • 2 Beds
  • 4 Baths
  • 2,410 sq. ft.
  • Single family
  • Active
Listed by: ismael benhamida, hanna john azar
Office: compass
MLS#:ML82014446
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 #:ML82014446
  • Added:218 day(s) ago
  • Updated:February 16, 2026 at 02:19 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:4
  • Full bathrooms:4
  • 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

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
Based on information from California Regional Multiple Listing Service, Inc. as of February 16, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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