Property Details
About this Property
*Call for offers 10/16 at 11:00am.* Rare chance to acquire one, two, or all three multifamily properties located on contiguous parcels on Grand Boulevard in San Mateo. 315 (fourplex), 321 (triplex), and 327 (triplex) Grand Blvd (MLS# ML82022562, ML82024252, ML82015184). Available separately or combined. Potential to construct up to 12 ADUs per an ADU consultancys pre-feasibility study. These properties total 10 units, 6,369 SqFt of building area, and 22,873 SqFt of land. 315 Grand is renovated, has two vacancies, and the potential for 5 ADUs. 321 and 327 Grand are value add opportunities with below market rents and are fully leased. 321 Grand has the potential for 4 ADUs and 327 Grand has the potential for 3 ADUs. Conveniently located near Downtown San Mateo, residents enjoy walkable access to shops, dining, and entertainment, as well as proximity to Caltrain, Highway 101, and Highway 92, providing easy commutes throughout the Peninsula and Silicon Valley. The robust economy, excellent schools, high quality of life, rent growth, and ADU potential make 315, 321, and 327 Grand Blvd. a great opportunity for cash flow, appreciation, and development minded investors.
MLS Listing Information
MLS #
ML82024413
MLS Source
MLSListings, Inc.
Days on Site
26
Interior Features
Appliances
Washer/Dryer - Some Units
Cooling
Ceiling Fan
Heating
Forced Air, Gas, Wall Furnace
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter, Slab, Brick
Style
Tudor
Parking, School, and Other Information
Garage/Parking
Attached Garage, Carport, Detached, Off-Street Parking, Garage: 4 Car(s)
Elementary District
San Mateo-Foster City Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
R3
Contact Information
Listing Agent
Ismael Benhamida
Compass
License #: 01722847
Phone: (408) 373-6195
Co-Listing Agent
Hanna John Azar
License #: 02005698
Phone: (415) 875-0177
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 8 | 10 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | – | – | 4 |
| 2 | – | 1 | 1/0 | – | – | 3 |
| 3 | – | 0 | 1/0 | – | – | 3 |
315-327 Grand Blvd is a Residential Income in San Mateo, CA 94401. This 6,369 square foot property sits on a 0.525 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,833,000 and was built in 1902. This address can also be written as 315-327 Grand Blvd, San Mateo, CA 94401.
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This listing information is up-to-date as of October 13, 2025. For the most current information, please contact Ismael Benhamida, (408) 373-6195
