327 Grand BLVD Open House Save Request In-Person Tour Request Virtual Tour
San Mateo,CA 94401
OPEN HOUSE
Sat Oct 11, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,107 sqft
Price per Sqft $709
MLS Listing ID ML82024252
Bedrooms 5
Full Baths 3
Year Built 1910
Lot Size 7,651 Sqft
Property Sub-Type Triplex
Property Description
327 Grand Boulevard in San Mateo presents a rare investment opportunity in one of the Bay Area's most coveted submarkets. This well-maintained triplex offers stable income with tremendous upside potential. The 2,107 SqFt building is situated on a massive 7,651 SqFt lot and has two 2-Bed/1-Bath units and one 1-Bed/1-Bath unit. Potential to construct up to 3 ADUs per an ADU consultancys pre-feasibility study. All 3 units are currently occupied. Located in San Mateo's North Central neighborhood, just one mile from Downtown Burlingame's restaurants and boutiques and Downtown San Mateo's amenities. Convenient access to Highway 101 and Caltrain provides quick commutes to San Francisco and Silicon Valley. Coyote Point is 2.1 miles away and SFO is 5.3 miles away. The strong rent growth, proximity to Silicon Valley employers, and repositioning and ADU potential make 327 Grand Boulevard an exceptional opportunity for cash flow, appreciation, and development minded investors. Note: The adjacent triplex at 321 Grand Boulevard and the fourplex at 315 Grand Boulevard are also available for sale.* Offering Memorandum and disclosures available.
Location
State CA
County San Mateo
Area North Shoreview / Dore Cavanaugh
Interior
Heating Forced Air,Gas,Wall Furnace
Cooling Ceiling Fan
Exterior
Parking Features Attached Garage,Off-Street Parking,Uncovered Parking
Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities
Roof Type Wood Shakes / Shingles
Building
Story 1
Foundation Brick ,Combination,Concrete Perimeter
Sewer Sewer - Public,Sewer Available,Sewer Available at Site,Sewer in Street
Water Public
Others
Special Listing Condition Not Applicable
Virtual Tour https://youtu.be/w7RbdgfUJ0Y