USACASan Mateo315 Grand Blvd
315 Grand Blvd, House other with 2 bedrooms, 4 bathrooms and 5 parking in San Mateo CA | Image 1
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$1,950,000

315 Grand Blvd, San Mateo, CA

House

For Sale

$--,---,---
245
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2410 sqft
Garage Yes
Taxes 
Days Active 2
Lot Size 
Approx. Age 1927
Avg. Price Per Sqft $809
MLS® Number ML82014446

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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. Offering memorandum, disclosures, walkthrough video, and Matterport tours available.Show Description
MLS® NumberML82014446
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1743
Exterior
GarageYes
Approx. Age1927
Basement
DrivewayOff Street, Uncovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Kitchen:Not available

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