315 Grand Boulevard, San Mateo, CA — listing photo 1
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FOR SALENew Listing

315 Grand Boulevard

San Mateo, CA 94401
2 Beds
4 Baths
2,410 Sq Ft
Built 1927
$1,950,000

Property Overview

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.

Home Details

Property type
Residential - Single Family Residence
Year built
1927
Living area
2,410 sq ft
Lot size
7,591 sq ft
Parking
5 spaces
Garage
2 spaces
Stories
2
Days on market
9
MLS status
Active
Architectural style
Tudor
Zoning
R-3

Features & Amenities

Appliances

  • Dishwasher
  • Electric Cooktop
  • Electric Oven
  • Freezer
  • Disposal
  • Microwave
  • Refrigerator
  • Vented Exhaust Fan
  • Dryer
  • Washer

Parking

  • Off Street
  • Uncovered

Community, Schools & Utilities

Schools

School district
Other
Elementary school
Other
Middle school
Other
High school
San Mateo

Utilities

Water
Public
Sewer
PublicSewer
Browse more homes for sale in San Mateo

Location & Neighborhood

315 Grand Boulevard

San Mateo, CA 94401

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Frequently Asked Questions About 315 Grand Boulevard

Property type: Residential

The current asking price is $1,950,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 315 Grand Boulevard. Our team will confirm availability and timing.
This 2 bedrooms and 4 bathrooms property offers approximately 2,410 square feet of living space. It was built in 1927. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Mateo, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Mateo property.
The MLS currently reports the property as Active. It has been listed for 9 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Ismael Benhamida
MLS ID: ML5086143

Available property

$1,950,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.