315-327 Grand BLVD, San Mateo, CA 94401
- $4,535,000
- 6,369
- SqFt
Listed by Ismael Benhamida, 408-373-6195 from Compass
(If provided) CoList: Hanna John Azar from Compass
Sold listing courtesy of Hanna John Azar from APR
- Sold Price
- $4,535,000
- List Price
- $4,833,000
- Closing Date
- Dec 12, 2025
- MLS#
- ML82024413
- Status
- SOLD
- Sqft. of Residence
- 6,369
- Lot Size
- 22,873
- Listing Area
- Eastern Addition/Downtown Area
- Year Built
- 1902
Property Description
*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.
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Additional Information
- Acres
- 0.53
- Age
- 123
- Cooling System
- Ceiling Fan
- Foundation
- Brick, Concrete Perimeter, Concrete Slab
- Garage Parking
- Attached Garage, Carport, Detached Garage, Off-Street Parking, Uncovered Parking
- Heating System
- Forced Air, Gas, Wall Furnace
- Laundry Facilities
- Washer/Dryer - Some Units
- Living Area
- 6,369
- Lot Description
- Grade - Mostly Level
- Lot Size
- 22,873
- Neighborhood
- Eastern Addition/Downtown Area
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public
- Style
- Tudor
- Zoning
- R3
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