Property Details
Upcoming Open Houses
About this Property
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 an.d 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.
MLS Listing Information
MLS #
ML82014445
MLS Source
MLSListings, Inc.
Days on Site
5
Interior Features
Kitchen
Countertop - Stone, Exhaust Fan
Appliances
Cooktop - Electric, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Microwave, Oven - Electric, Refrigerator, Washer/Dryer - Some Units
Flooring
Carpet, Tile
Cooling
Ceiling Fan
Heating
Central Forced Air - Gas
Exterior Features
Roof
Composition, Shingle
Foundation
Slab
Style
Tudor
Parking, School, and Other Information
Garage/Parking
Detached, Off-Street Parking, Garage: 2 Car(s)
Elementary District
San Mateo-Foster City Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
R-3
Contact Information
Listing Agent
Ismael Benhamida
Compass
License #: 01722847
Phone: (408) 373-6195
Co-Listing Agent
Hanna John Azar
Compass
License #: 02005698
Phone: (415) 875-0177
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | – | 1/0 | $1,550 |
| 2 | – | – | 1/0 | $2,495 |
| 3 | – | – | 1/0 | $1,920 |
| 4 | – | 2 | 1/0 | $4,000 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
315 Grand Blvd is a Residential Income in San Mateo, CA 94401. This 2,410 square foot property sits on a 7,591 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,950,000 and was built in 1927. This address can also be written as 315 Grand Blvd, San Mateo, CA 94401.
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This listing information is up-to-date as of July 17, 2025. For the most current information, please contact Ismael Benhamida, (408) 373-6195
