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Listed by Ismael Benhamida • Compass
$1,495,000
Est. payment /mo
2,107 SqFt
New
327 Grand Boulevard San Mateo, CA 94401
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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
Lot Size 7,651 Sqft
Property Sub-Type Triplex
Source Datashare MLSListings
Property Description
*The adjacent triplex at 321 Grand Boulevard and the fourplex at 315 Grand Boulevard are also available for sale.* 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 property spans 2,107 square feet on a 7,651 square foot lot, with two 2BR/1BA units and one 1BR/1BA unit. All three units are currently occupied. Located in San Mateo's North Central neighborhood, just one mile from Downtown Burlingame's restaurants and boutiques, with Downtown San Mateo's amenities nearby. 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. Strong rent growth, housing shortage, proximity to Silicon Valley employers, and repositioning potential make 327 Grand Boulevard exceptional for both cash flow and appreciation-minded investors.
Location
State CA
County San Mateo
Interior
Heating Forced Air, Natural Gas, Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Schools
School District San Mateo Union High, San Mateo-Foster City Elementary
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