315 Grand Blvd San Mateo, CA 94401
North Central NeighborhoodEstimated payment $11,584/month
Total Views
1,731
2
Beds
4
Baths
2,410
Sq Ft
$809
Price per Sq Ft
Highlights
- Tudor Architecture
- Stone Countertops
- Tile Flooring
- Borel Middle School Rated A-
- 2 Car Detached Garage
- Forced Air Heating System
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,401
Year Built
- Built in 1927
Lot Details
- 7,593 Sq Ft Lot
- Zoning described as R-3
Parking
- 2 Car Detached Garage
- Uncovered Parking
- Off-Street Parking
Home Design
- Tudor Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,410 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Family Room with Fireplace
- Dining Area
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Freezer
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 032-161-110
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,401 | $1,394,850 | $1,292,850 | $102,000 |
| 2023 | $9,401 | $291,685 | $95,765 | $195,920 |
| 2022 | $14,722 | $285,967 | $93,888 | $192,079 |
| 2021 | $8,213 | $280,361 | $92,048 | $188,313 |
| 2020 | $7,591 | $277,488 | $91,105 | $186,383 |
| 2019 | $6,880 | $272,048 | $89,319 | $182,729 |
| 2018 | $6,254 | $266,715 | $87,568 | $179,147 |
| 2017 | $4,336 | $261,486 | $85,851 | $175,635 |
| 2016 | $4,087 | $256,360 | $84,168 | $172,192 |
| 2015 | $4,192 | $252,510 | $82,904 | $169,606 |
| 2014 | $4,142 | $247,565 | $81,281 | $166,284 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $1,950,000 | -- | $809 / Sq Ft |
Source: MLSListings
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,376,500 | First American Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Similar Homes in the area
Source: MLSListings
MLS Number: ML82014446
APN: 032-161-110
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