*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.
MLS #
ML82024252
MLS Source
MLSListings, Inc.
Cooling
Ceiling Fan
Heating
Forced Air, Gas, Wall Furnace
Roof
Wood
Foundation
Combination, Concrete Perimeter, Brick
Garage/Parking
Attached Garage, Off-Street Parking, Garage: 0 Car(s)
Elementary District
San Mateo-Foster City Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
N/A
Listing Agent
Ismael Benhamida
Compass
License #: 01722847
Phone: (408) 373-6195
Co-Listing Agent
Hanna John Azar
Compass
License #: 02005698
Phone: (415) 875-0177
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $2,950 |
| 2 | – | 1 | 1/0 | $2,100 |
| 3 | – | 2 | 1/0 | $2,850 |
327 Grand Blvd is a Triplex in San Mateo, CA 94401. This 2,107 square foot property sits on a 7,651 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,260,000 and was built in 1910. This address can also be written as 327 Grand Blvd, San Mateo, CA 94401.
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This listing information is up-to-date as of December 03, 2025. For the most current information, please contact Ismael Benhamida, (408) 373-6195