CA > San Mateo
San Mateo, CA 94401,327 Grand BLVD
San Mateo, CA 94401,327 Grand BLVD
San Mateo, CA 94401,327 Grand BLVD
39
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Listed by Ismael Benhamida • Compass
$1,495,000
Est. payment /mo
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5 Beds
3 Baths
2,107 SqFt
Open Sat 2PM-4PM

327 Grand BLVD San Mateo, CA 94401

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The Ruiz Group Real Estate

The Ruiz Group Real Estate

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Open House

Sat Oct 11, 2:00pm - 4:00pm

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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

Level or Stories 1

Others

Tax ID 032-161-090

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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The Ruiz Group Real Estate

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