There are multiple listings for this address:
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 Details
Price:
$1,950,000
MLS #:
ML82014445
Status:
Active
Baths:
0
Address:
315 Grand Boulevard
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
San Mateo
Listed Date:
Jul 12, 2025
State:
CA
ZIP:
94401
Lot Size:
7,591 sqft / 0.17 acres (approx)
Year Built:
1927
See this Listing
Mortgage Calculator
Schools
School District:
Other
Elementary School:
Other
Middle School:
Other
High School:
San Mateo
Interior
Accessibility Features
None
Appliances
Electric Cooktop, Dishwasher, Vented Exhaust Fan, Freezer, Disposal, Microwave, Electric Oven, Refrigerator
Flooring
Carpet, Tile
Exterior
Foundation Details
Slab
Garage Spaces
2.00
Parking Features
Off Street, Uncovered
Parking Spots
5.00
Roof
Composition, Shingle
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Taxes
$22,504
Map
Community
- Address315 Grand Boulevard San Mateo CA
- Area699 – Not Defined
- CitySan Mateo
- CountySan Mateo
- Zip Code94401
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315 Grand Boulevard
San Mateo, CA
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 Details
Price:
$1,950,000
MLS #:
ML82014446
Status:
Active
Beds:
2
Baths:
4
Address:
315 Grand Boulevard
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
San Mateo
Listed Date:
Jul 12, 2025
State:
CA
Finished Sq Ft:
2,410
ZIP:
94401
Lot Size:
7,591 sqft / 0.17 acres (approx)
Year Built:
1927
See this Listing
Mortgage Calculator
Schools
School District:
Other
Elementary School:
Other
Middle School:
Other
High School:
San Mateo
Interior
Accessibility Features
None
Appliances
Electric Cooktop, Dishwasher, Vented Exhaust Fan, Freezer, Disposal, Microwave, Electric Oven, Refrigerator
Flooring
Carpet, Tile
Exterior
Foundation Details
Slab
Garage Spaces
2.00
Parking Features
Off Street, Uncovered
Parking Spots
5.00
Roof
Composition, Shingle
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Taxes
$22,504
Map
Community
- Address315 Grand Boulevard San Mateo CA
- Area699 – Not Defined
- CitySan Mateo
- CountySan Mateo
- Zip Code94401
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