This exquisite 3-unit triplex blends historic charm with modern updates, ideally located between Burlingame and San Mateo's vibrant downtowns. A prime opportunity for owner-occupants seeking rental income or investors maximizing returns, this 3,744 sq. ft. property is a must-see! Distinctive Living Spaces: Front Unit (2BD/1BA): A charming home with a formal entry, sunroom, and spacious living room with a gas insert fireplace. The formal dining room boasts an elegant built-in hutch, while the updated kitchen blends classic character with modern convenience. Second Unit (1BD/1BA): An open-concept layout with fresh 2024 carpeting and a private enclosed yard, offering comfort and privacy. Top-Floor Unit (2BD/2BA): A light-filled retreat featuring vaulted ceilings, in-unit laundry, and modern finishes. Turnkey: With double-pane windows, refinished hardwood floors, remodeled kitchens/baths, and a newer roof, this property is ready for immediate occupancy. Shared amenities include a central laundry room and private yard spaces. Prime Location & Outdoor Appeal:Beautifully landscaped grounds, 2 private yards, and easy access to top dining and shopping make this property a true investment opportunity.
Sold for $2,298,000
$2,298,000
221 Grand Blvd, San Mateo, CA 94401
5beds
4baths
3,745sqft
Triplex, Residential Income
Built in 1921
-- sqft lot
$2,384,500 Zestimate®
$614/sqft
$5,508 Estimated rent
Home value
$2,384,500
$2.15M - $2.65M
$5,508/mo
Zestimate® history
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List your homeWhat's special
Historic charmGas insert fireplacePrivate enclosed yardModern finishesModern updatesOpen-concept layoutNewer roof
Zillow last checked:
Listing updated:
Listed by:
Sheldon Rilliet 01828200 415-559-9691,
Compass 650-375-1111
Bought with:
Crystal Shetaya, 01929658
Nu Level Realty, Inc.
Source: MLSListings Inc,MLS#: ML81996151
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Kitchen
- Features: Countertop_Formica, Countertop_Granite, Countertop_SolidSurfceCorian
Heating
- Central Forced Air Gas, Fireplace(s)
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Range Hood, Built In Gas Oven/Range, Refrigerator, Washer/Dryer, Washer/Dryer Some Units
Features
- High Ceilings, Vaulted Ceiling(s)
- Flooring: Carpet, Hardwood, Tile, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 3,745
- Total interior livable area: 3,745 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Parking Area
- Carport spaces: 3
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 7,611 Square Feet
- Features: Level
Details
- Parcel number: 032152220
- Zoning: R30000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
Condition
- Year built: 1921
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: San Mateo
Financial & listing details
- Price per square foot: $614/sqft
- Tax assessed value: $1,329,552
- Annual tax amount: $19,642
- Date on market: 3/2/2025
- Listing agreement: ExclusiveRightToSell
- Inclusions: Building, DishwasherAllUnits, OvenRangeAllUnits
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2025 | Sold | $2,298,000$614/sqft |
Source:  MLSListings Inc #ML81996151 Report a problem | ||
| 3/13/2025 | Pending sale | $2,298,000$614/sqft |
Source: MLSListings Inc #ML81996151 Report a problem | ||
| 3/3/2025 | Listed for sale | $2,298,000+155.3%$614/sqft |
Source: MLSListings Inc #ML81996151 Report a problem | ||
| 8/28/2024 | Listing removed | $2,875$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/18/2024 | Listed for rent | $2,875$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/22/2002 | Sold | $900,000$240/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,574 -0.3% | $1,329,552 +2% |
| 2024 | $19,643 +14.6% | $1,303,483 +2% |
| 2023 | $17,148 -17.4% | $1,277,925 +2% |
| 2022 | $20,760 +15.2% | $1,252,868 +2% |
| 2021 | $18,027 +3.2% | $1,228,303 +1% |
| 2020 | $17,466 +8.9% | $1,215,710 +2% |
| 2019 | $16,043 +4.2% | $1,191,873 +2% |
| 2018 | $15,397 +5.3% | $1,168,504 +2% |
| 2017 | $14,617 +3.2% | $1,145,593 +2% |
| 2016 | $14,162 +0.7% | $1,123,132 +1.5% |
| 2015 | $14,064 | $1,106,262 +2% |
| 2014 | $14,064 | $1,084,593 +0.5% |
| 2013 | -- | $1,079,692 +2% |
| 2012 | -- | $1,058,523 |
| 2011 | -- | $1,058,523 +2.8% |
| 2010 | -- | $1,030,014 -0.2% |
| 2009 | -- | $1,032,462 +2% |
| 2008 | -- | $1,012,219 +2% |
| 2007 | -- | $992,373 +2% |
| 2006 | -- | $972,916 |
| 2005 | -- | $972,916 +4% |
| 2004 | -- | $935,138 +1.9% |
| 2003 | -- | $918,000 +99.6% |
| 2002 | -- | $459,965 +2% |
| 2001 | -- | $450,947 +2% |
| 2000 | -- | $442,105 |
Find assessor info on the county website
Neighborhood: San Mateo Heights
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Nearby schools
GreatSchools rating
- 2/10San Mateo Park Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Borel Middle SchoolGrades: 6-8Distance: 1.9 mi
- 9/10San Mateo High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: SanMateoFosterCityElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,384,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,384,500
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