REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Oct

Sat

Oct

Sun

Oct

Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$4,895,000

Est. payment - /mo

0.53 Acres Lot

Save

Open House

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

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82024413

HOA Y/N No

Year Built 1902

Annual Tax Amount $73,478

Lot Size 0.525 Acres

Property Description

Rare chance to acquire one, two, or all three multifamily properties located on contiguous parcels on Grand Boulevard in San Mateo. 315 (fourplex), 321 (triplex), and 327 (triplex) Grand Blvd (MLS# ML82022562, ML82024252, ML82015184). Available separately or combined. Potential to construct up to 12 ADUs per an ADU consultancys pre-feasibility study. These properties total 10 units, 6,369 SqFt of building area, and 22,873 SqFt of land. 315 Grand is renovated, has two vacancies, and the potential for 5 ADUs. 321 and 327 Grand are value add opportunities with below market rents and are fully leased. 321 Grand has the potential for 4 ADUs and 327 Grand has the potential for 3 ADUs. Conveniently located near Downtown San Mateo, residents enjoy walkable access to shops, dining, and entertainment, as well as proximity to Caltrain, Highway 101, and Highway 92, providing easy commutes throughout the Peninsula and Silicon Valley. The robust economy, excellent schools, high quality of life, rent growth, and ADU potential make 315, 321, and 327 Grand Blvd. a great opportunity for cash flow, appreciation, and development minded investors.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R3

Interior

Heating Forced Air, Wall Furnace

Fireplace No

Exterior

Carport Spaces 5

Roof Type Composition,Shingle

Total Parking Spaces 9

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools San Mateo

School District Other

Others

Tax ID Multiple

Special Listing Condition Standard

Read Less Info

Listed by Ismael Benhamida Compass

Get More Information

Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

Quick Search

315327 Grand BLVD San Mateo, CA 94401

Sean Beattie Jr.

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

Get More Information