315 Grand Boulevard

San Mateo, CA 94401

  • 2 Bed(s)
  • 4 Bath(s)
  • 2,410 Sqft
  • 7591
    Sqft(Lot)
$1,950,000

Description

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.

  • Property Type

    Residential

  • County

    San Mateo

  • Style

    Tudor

  • AD ID

    50411720

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Property Details

  • 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

    Rental Info

    • Lease Term: Negotiable

  • 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: 98
    • Common Walls: No Common Walls
    • Structure Type: Single Family Residence
    • Year Built Source: Assessor
    • Total Square Feet Living: 2410
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BuyOwner last updated this listing 07/19/2025 @ 20:27

  • MLS: ML82014446
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 2 bedrooms which is for sale, it has 2,410 sqft, 7,591 sized lot, and 2 parking. are nearby neighborhoods.