Contact Xavier Gomez
Schedule A Showing
315 Grand Boulevard, San Mateo, CA 94401
Priced at Only: $1,950,000
For more Information Call
Mobile: 714.478.6676
Address: 315 Grand Boulevard, San Mateo, CA 94401
Property Photos

Property Location and Similar Properties
- MLS#: ML82014446 ( Single Family Residence )
- Street Address: 315 Grand Boulevard
- Viewed: 2
- Price: $1,950,000
- Price sqft: $809
- Waterfront: No
- Year Built: 1927
- Bldg sqft: 2410
- Bedrooms: 2
- Total Baths: 4
- Full Baths: 4
- Garage / Parking Spaces: 5
- Days On Market: 17
- Additional Information
- County: SAN MATEO
- City: San Mateo
- Zipcode: 94401
- District: Other
- Elementary School: OTHER
- Middle School: OTHER
- High School: SANMAT
- Provided by: Compass
- Contact: Ismael Ismael
- DMCA Notice
-
DescriptionRare 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.
Features
Accessibility Features
- None
Appliances
- Electric Cooktop
- Dishwasher
- Vented Exhaust Fan
- Freezer
- Disposal
- Microwave
- Electric Oven
- Refrigerator
Architectural Style
- Tudor
Carport Spaces
- 0.00
Common Walls
- No Common Walls
Elementary School
- OTHER
Elementaryschool
- Other
Fireplace Features
- Family Room
Flooring
- Carpet
- Tile
Foundation Details
- Slab
Garage Spaces
- 2.00
High School
- SANMAT
Highschool
- San Mateo
Laundry Features
- Dryer Included
- Washer Included
Living Area Source
- Assessor
Middle School
- OTHER
Middleorjuniorschool
- Other
Parcel Number
- 032161110
Parking Features
- Off Street
- Uncovered
Property Type
- Single Family Residence
Roof
- Composition
- Shingle
School District
- Other
Sewer
- Public Sewer
Virtual Tour Url
- https://youtu.be/RKlpCoAzMcI
Water Source
- Public
Year Built
- 1927
Year Built Source
- Assessor
Zoning
- R-3

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com