Sold for $3,275,000

Street View

Tax assessed value

$3,275,000

230 Grand Blvd, San Mateo, CA 94401

9beds

6,290sqft

Multi Family

Built in 1978

-- sqft lot

$-- Zestimate^®

$521/sqft

$5,284 Estimated rent

Home value

Not available

Estimated sales range

Not available

$5,284/mo

Zestimate^® history

Owner options

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$5,284/mo

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$5,284/mo

Rent Zestimate^®

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$20,644/mo

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$20,644/mo

Est. payment

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What's special

Vaulted ceilings

Original Owner 6 Unit Apartment Building on San Mateo/Burlingame border. Nice Mix of Three 2 Bedroom/2 Bath Units and Three 1 Bedroom/1 Bath Units. Vaulted Ceilings in most Units. 2 Units vacant and ready for renovation/value-add. Individual Unit Storage and Carports. Additional Guest parking - 4 plus spaces. Most Units have Deck/patio. Building Laundry. 6,000 Square Feet Building and Large 9,800 Square Feet Lot. 4.5% Cap Rate and 15 GRM.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 5
Full bathrooms: 5

Heating

Baseboard

Appliances

Included: Washer/Dryer
Laundry: Coin Operated

Features

Flooring: Carpet

Interior area

Total structure area: 6,290
Total interior livable area: 6,290 sqft

Property

Parking

Total spaces: 10
Parking features: Carport, Open
Carport spaces: 6
Has uncovered spaces: Yes

Lot

Size: 9,801 Square Feet
Features: Shape Regular

Details

Parcel number: 032153050
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Multi Family

Materials

Stucco
Foundation: Concrete
Roof: Shingle

Condition

Original
Year built: 1978

Utilities & green energy

Electric: Separate Meter
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: San Mateo
Elevation: 0

Financial & listing details

Price per square foot: $521/sqft
Tax assessed value: $3,275,000
Annual tax amount: $44,743
Price range: $2.6M - $3.3M
Date on market: 5/31/2023
Cumulative days on market: 26 days
Listing terms: 1031 Exchange
Total actual rent: 7150
Tenant pays: Electricity

Price history

Date	Event	Price
12/4/2024	Sold	$3,275,000+26%$521/sqft
Source: Public Record Report a problem
7/5/2023	Sold	$2,600,000-13.3%$413/sqft
Source: SFAR #423745918 Report a problem
6/26/2023	Pending sale	$2,999,000$477/sqft
Source: SFAR #423745918 Report a problem
6/13/2023	Contingent	$2,999,000$477/sqft
Source: SFAR #423745918 Report a problem
6/1/2023	Listed for sale	$2,999,000$477/sqft
Source: SFAR #423745918 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$44,743 +13.1%	$3,275,000 +26%
2024	$39,552 +138.9%	$2,600,000 +261.9%
2023	$16,553 +5.3%	$718,428 +2%
2022	$15,726 -5.6%	$704,342 +2%
2021	$16,653 +11.2%	$690,532 +1%
2020	$14,971 +7.4%	$683,452 +2%
2019	$13,943 +9.7%	$670,052 +2%
2018	$12,706 +8.7%	$656,914 +2%
2017	$11,685 +13.4%	$644,034 +2%
2016	$10,300 +7.4%	$631,407 +1.5%
2015	$9,595	$621,924 +2%
2014	$9,595	$609,742 +0.5%
2013	--	$606,988 +2%
2012	--	$595,087
2011	--	$595,087 +2.8%
2010	--	$579,060 -0.2%
2009	--	$580,436 +2%
2008	--	$569,056 +2%
2007	--	$557,899 +2%
2006	--	$546,961
2005	--	$546,961 +4%
2004	--	$525,725 +1.9%
2003	--	$516,090 +2%
2002	--	$505,971 +2%
2001	--	$496,051 +2%
2000	--	$486,326