315 Grand BLVD
San Mateo, CA 94401
Map
- 2 beds
- – baths
- 2,410 sqft
- 7,591 sqft lot
- $809 per sqft
- 1927 build
- – on site
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.
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Last updated Jul 12, 2025
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MLS# 82014445 —
This property is listed in more than one place. See it here, and here, and here, and here, and here.
The Building
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Year Built:1927
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Age:98
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Construction Type:Wood Frame
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Style:Tudor
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Subclass:Fourplex
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Roofing:Composition, Shingle
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Foundation:Concrete Slab
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# of Stories:2
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# of Units:4
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Structure SqFt:2410
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Structure SqFt Source:Assessor
Interior
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Kitchen:Cooktop - Electric, Countertop - Stone, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
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Flooring:Carpet, Tile
Room Dimensions
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Living SqFt:2410
Location
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Cross Street:N San Mateo Dr
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City Limits:Yes
The Property
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Parcel Number:032-161-110
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Zoning:R-3
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Lot Acres:0.1743
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Lot Size Area Min:7591.00
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Horse Property:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:82014445
The Listing
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Branded Additional Tour:
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Unbranded Additional Tour:
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Branded 3D Tour:
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Unbranded 3D Tour:
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Additional Listing Info:Not Applicable
Heating & Cooling
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Cooling Methods:Ceiling Fan
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Heating Methods:Central Forced Air - Gas
Utilities
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Utilities:Individual Electric Meters, Individual Gas Meters, Public Utilities
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Sewer/Septic System:Sewer - Public
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Water Source:Public
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Meters:Master Electric, Separate Electric, Separate Gas
Appliances
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Laundry:Washer/Dryer - Some Units
The Community
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HOA:No
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Pool:No
Parking
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Description and Access:Detached Garage, Off-Street Parking, Uncovered Parking
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Parking Spaces:5
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Garage Spaces:2
Extra Units
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# of Buildings:1
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Unit 1 Full Bathrooms:1
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Unit 2 Full Bathrooms:1
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Unit 3 Full Bathrooms:1
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Unit 4 Beds:2
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Unit 4 Full Bathrooms:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/12/25
Jul 12, 2025
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Listed / Active | MLSLISTINGS | $1,950,000 |
