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$1,495,000

Est. payment - /mo

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2,107 SqFt

Open 10/11 2PM-4PM

327 Grand BLVD San Mateo, CA 94401

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Jessica Lam

jessica@irvinerealty.co +1(949) 490-6767

Open House

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

UPDATED:

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

HOA Y/N No

Year Built 1910

Annual Tax Amount $17,438

Lot Size 7,649 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 699 - Not Defined

Interior

Heating Forced Air, Wall Furnace

Fireplace No

Exterior

Parking Features Off Street, Uncovered

View Y/N No

Roof Type Shingle

Accessibility None

Total Parking Spaces 3

Building

Story 1

Foundation Brick/Mortar, Combination, Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

High Schools San Mateo

School District Other

Others

Tax ID 032161090

Special Listing Condition Standard

Virtual Tour https://youtu.be/w7RbdgfUJ0Y

Listed by Ismael Benhamida Compass