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  • 315 Grand Boulevard

315 Grand Boulevard, San Mateo, CA 94401

$1,950,000 Approx. USD 0 beds, 0 baths
2,410 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Listing Agent


Ismael Benhamida | ismael@benhamidagroup.com
Lic#: 01722847
Broker: Courtesy of Compass
Phone: 408-373-6195

Co Listing Agent


Hanna John Azar | hannajohn.azar@compass.com
Lic#: 02005698
Broker: Courtesy of Compass
Phone: 415-875-0177

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# ML82014445
Price: $1,950,000
Beds: 0
Baths: 0
Built in 1927
2,410 sqft
0.17 acres
Lot size: 0.1743
County: San Mateo
Property style: Tudor
Zoning: R-3
Appliances: Dishwasher,Electric Cooktop,Electric Oven,Freezer,Disposal,Microwave,Refrigerator,Vented Exhaust Fan
Parking description: Off Street,Uncovered
MLS area: 699 - Not Defined

Last Updated: 6/12/2026

 Days On Market (DOM): 491

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This listing belongs to the 699 - Not Defined MLS area

The style of this listing is Tudor.
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Lat/Long: 37.574924, -122.334638.
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Source: CRM. Also Available in ML82014446,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
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