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Sold for $4,535,000
  • $4,535,000

    Grand Sanmateo, San Mateo, CA 94401

    3beds
    3baths
    6,369sqft
    Five Or More Units, Residential Income
    Built in 1902
    -- sqft lot
    $4,607,200 Zestimate®
    $712/sqft
    $3,455 Estimated rent

    Home value

    $4,607,200

    $4.19M - $5.07M

    $3,455/mo

    Zestimate® history
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    What's special

    *Call for offers 10/16 at 11:00am.* 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ismael Benhamida 01722847 408-373-6195,

    Compass 415-345-3000,

    Hanna John Azar 02005698 415-875-0177

    Bought with:

    Hanna John Azar, 02005698

    Compass

    Ismael Benhamida, 01722847

    Compass

    Source: MLSListings Inc,MLS#: ML82024413MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Forced Air, Gas, Wall Furnace
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Some Units
    Features
    • Doors: None
    Interior area
    • Total structure area: 6,369
    • Total interior livable area: 6,369 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Attached, Carport, Detached, Off Street
    • Garage spaces: 4
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 0.53 Acres
    • Features: Mostly Level
    Details
    • Parcel number: Multiple
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Tudor
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter, Slab, Brick
    • Roof: Composition, Shingle
    Condition
    • Year built: 1902

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: San Mateo

    Financial & listing details

    • Price per square foot: $712/sqft
    • Date on market: 10/9/2025
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan, Exchange
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    12/12/2025Sold$4,535,000-6.2%$712/sqft
    Source: MLSListings Inc #ML82024413 Report a problem
    12/4/2025Pending sale$4,833,000$759/sqft
    Source: MLSListings Inc #ML82024413 Report a problem
    10/10/2025Listed for sale$4,833,000$759/sqft
    Source: MLSListings Inc #ML82024413 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: ParkElementary_1
    • Middle: BorelMiddle
    • High: SanMateoHigh
    • 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
    $4,607,200
    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
    $4,607,200