Millman Team Real Estate

$1,495,000
2,107 Sqft
0.18 Acre Lot

327 Grand Boulevard, San Mateo, California 94401

  • Residential Income Property Type
  • 2,107 Sqft Square Footage
  • Uncovered Cars Garage
  • 1910 Year Built
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.

Basic Details
Residential Income
For Sale
ML82024252
$1,495,000
2,107 Sqft
1910
0.18 Acre
Active
Triplex
: Shingle
Features
: Forced Air, Wall Furnace
: Uncovered, Off Street
: Public Sewer
$0
Address Map
CA
San Mateo
San Mateo
94401
Grand
327
Boulevard
Cross Street: San Mateo Dr
699 - Not Defined
N/A
Neighborhood
Other
San Mateo
Other
Additional Information
$0
$0
$0
$0
$0
: None
2107
: Concrete Perimeter, Combination, Brick/Mortar
2025-10-08
1
https://youtu.be/w7RbdgfUJ0Y
https://youtu.be/w7RbdgfUJ0Y
: Public
Broker/Agent Information
Compass
Ismael Benhamida
Financial
17438.0
Listing Information
Hanna John Azar
ML5091085
ML39596
Compass
ML5086143
ML5012166
Active
2025-10-13T00:21:19Z
CRMLS
: Standard
2025-10-08T12:59:40Z
Agent info
Ray Millman
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