*Call for offers Thursday 10/16 at 11:00am.* 327 Grand Boulevard in San Mateo presents a rare investment opportunity in one of the Bay Area’s most coveted submarkets. This well-maintained triplex offers stable income with tremendous upside potential. The 2,107 SqFt building is situated on a massive 7,651 SqFt lot and has two 2-Bed/1-Bath units and one 1-Bed/1-Bath unit. Potential to construct up to 3 ADUs per an ADU consultancys pre-feasibility study. All 3 units are currently occupied. Located in San Mateo’s North Central neighborhood, just one mile from Downtown Burlingame’s restaurants and boutiques and Downtown San Mateo’s amenities. Convenient access to Highway 101 and Caltrain provides quick commutes to San Francisco and Silicon Valley. Coyote Point is 2.1 miles away and SFO is 5.3 miles away. The strong rent growth, proximity to Silicon Valley employers, and repositioning and ADU potential make 327 Grand Boulevard an exceptional opportunity for cash flow, appreciation, and development minded investors. Note: The adjacent triplex at 321 Grand Boulevard and the fourplex at 315 Grand Boulevard are also available for sale.* Offering Memorandum and disclosures available.
Property Details
Price:
$1,495,000
MLS #:
ML82024252
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
699
Listed Date:
Oct 22, 2025
Finished Sq Ft:
2,107
Total Sq Ft:
2,107
Lot Size:
7,651 sqft / 0.18 acres (approx)
Year Built:
1910
See this Listing
Schools
School District:
Other
Elementary School:
Other
High School:
San Mateo
Interior
Heating
FA, WL
Exterior
Parking Spots
3
Roof
SHN
Financial
Maintenance Fee
$4,229
Taxes
$17,438
Map
Community
- Address327 Grand BL San Mateo CA
- CitySan Mateo
- CountySan Mateo
- Zip Code94401
Market Summary
Current real estate data for Single Family in San Mateo as of Nov 30, 2025
80
Single Family Listed
203
Avg DOM
795
Avg $ / SqFt
$1,730,612
Avg List Price
Property Summary
- 327 Grand BL San Mateo CA is a Single Family for sale in San Mateo, CA, 94401. It is listed for $1,495,000 and features 0 beds, 0 baths, and has approximately 2,107 square feet of living space, and was originally constructed in 1910. The current price per square foot is $710. The average price per square foot for Single Family listings in San Mateo is $795. The average listing price for Single Family in San Mateo is $1,730,612.
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