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Danielle Broad

smiles4dee@gmail.com +1(925) 383-9200

$1,950,000

Est. payment - /mo

2 Beds

2,410 SqFt

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Sat Jul 19, 1:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,410 sqft

Price per Sqft $809

MLS Listing ID ML82014445

Bedrooms 2

HOA Y/N No

Year Built 1927

Lot Size 7,591 Sqft

Acres 0.17

Property Sub-Type Quadruplex

Property Description

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 and 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.

Location

State CA

County San Mateo

Zoning R-3

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Flooring Tile

Fireplace No

Building

New Construction No

Schools

School District San Mateo Union High

Others

Tax ID 032161110

Virtual Tour https://youtu.be/RKlpCoAzMcI

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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Ismael Benhamida • Compass

+1(925) 383-9200

smiles4dee@gmail.com

315 Grand Boulevard San Mateo, CA 94401

Danielle Broad

OPEN HOUSE

Key Details

Location

Interior

Building

Schools

Others

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315 Grand Boulevard