Back 315 Grand Boulevard
Off Market

315 Grand Boulevard

San Mateo CA 94401

2410 sq. ft.
7591 sq. ft.
Duplex
Last sold for $1,850,000
Ismael BenhamidaIsmael Benhamida, last sold this property on 12 December 2025 after 152 days on market.

Overview

Rare turnkey tutor style fourplex situated on a large 7,591 SqFt lot in one of the Bay Area's most coveted submarkets. Opportunity for owner-occupancy with up to 80% LTV conventional financing. Low cost alternative to a single family home. Three studio units and one 2-bed/1-bath unit. Two vacant fully remodeled units - a rear cottage studio and a 2-Bed/1-Bath flat - both with in-unit laundry. Substantial capital improvements completed including new electrical wiring and sub-panels, copper plumbing throughout, roof (2017), fencing, asphalt and concrete, and three units completely remodeled with high-end finishes. Two studios are rented, one of which is fully remodeled. An ADU consultancy's pre-feasibility study indicates that up to 5 ADU units can be added which would drive substantial income and appreciation. There are 2 private 1-car garages and 5 uncovered parking spaces. Monthly rent: $9,965 (scheduled), $10,885 (proforma). The strong rent growth, shortage of housing units, proximity to large Silicon Valley employers, and ADU potential make 315 Grand Boulevard an exceptional investment for both the cash flow and appreciation-minded investor. The adjacent triplexes at 321 Grand Blvd and 327 Grand Blvd are also available for sale.

Features

2410 sq. ft. floor area
7591 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in San Mateo over the last 12 months, the estimated median property value of 315 Grand Boulevard is $1.6m.

Median value
$1.6m
Estimated value range
$1.26m - $3.12m
Median days on market
21
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in San Mateo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 315 Grand Boulevard

2025
Sold
$1,850,000
12 Dec 2025 by Ismael Benhamida, of Compass

Happy sellers in San Mateo

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We have insufficient information to provide an overview of customer satisfaction for San Mateo. Viewing the agent profiles, reviews and sales for San Mateo can provide insights for this location.

Local market activity for duplexes in San Mateo

In the last 12 months, 11 duplexes similar to 315 Grand Boulevard, have been sold.

This represents a 34% increase in duplexes sales when compared to the previous 12 months.

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