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$ 1,495,000
Est. payment /mo
Active
327 Grand BLVD San Mateo, CA 94401
2,107 SqFt
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
*Call for offers Thursday 10/16 at 11:00am.* 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
