Introducing 245 Grand Blvd- a well-maintained, income-producing 4-unit multifamily property located in the heart of San Mateo, one of the Peninsula's most desirable and centrally located cities. Each of the four units offers a 1-bedroom, 1-bathroom layout, providing a versatile investment opportunity for both seasoned investors and owner-occupiers. This classic property boasts well-proportioned floor plans, with bright interiors, functional kitchens, and strong rental appeal. It offers easy access to Downtown San Mateo, major commute corridors including Highway 101 & 92, and proximity to SFO, tech campuses, and public transit. Whether you're looking to live in one unit and rent out the others or expand your real estate portfolio with a solid cash-flowing asset, 245 Grand Blvd checks all the boxes.
MLS #
ML82023398
MLS Source
MLSListings, Inc.
Appliances
Freezer, Oven Range, Refrigerator
Dining Room
No Formal Dining Room
Family Room
No Family Room
Laundry
Inside
Cooling
None
Heating
Wall Furnace
Roof
Other
Foundation
Other
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
Elementary District
San Mateo-Foster City Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
R4
245 Grand Blvd is a Residential in San Mateo, CA 94401. This 3,746 square foot property sits on a 5,136 Sq Ft Lot and features 4 bedrooms & 4 full bathrooms. It is currently priced at $1,399,000 and was built in 1925. This address can also be written as 245 Grand Blvd, San Mateo, CA 94401.
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This listing information is up-to-date as of October 14, 2025. For the most current information, please contact Disen Cai RE Group, (650) 622-2156