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$1,830,000
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Property Description
Introducing 245 Grand Blvd- a well-maintained, income-producing 4-unit multifamily property located in the heart of San Mateo, one of the Peninsula's most desirable and centrally located cities. Each of the four units offers a 1-bedroom, 1-bathroom layout, providing a versatile investment opportunity for both seasoned investors and owner-occupiers. This classic property boasts well-proportioned floor plans, with bright interiors, functional kitchens, and strong rental appeal. It offers easy access to Downtown San Mateo, major commute corridors including Highway 101 & 92, and proximity to SFO, tech campuses, and public transit. Whether you're looking to live in one unit and rent out the others or expand your real estate portfolio with a solid cash-flowing asset, 245 Grand Blvd checks all the boxes.
Full Property Details
Full Property Details for 245 Grand Blvd
General
- Sold For: $1,830,000
- Status: Closed
- Type: Single Family
- Source: RE_Infolink
- MLS ID: ML82023398
- Added to Site: 107 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Family Room: No Family Room
- Kitchen: Freezer, Oven/Range, Refrigerator
- Laundry: Inside
Additional Information
- Extras: Not Applicable
Parking
- Parking Features: Assigned Spaces, Carport
Location
- Area: Eastern Addition/Downtown Area
- County: San Mateo
- Cross Streets: San Mateo Drive
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
Structural Information
- Foundation: Other
- Roof: Other
- Square Feet: 3,746
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.1179
- Minimum Lot Size: 5136
- Lot Size (Sq. Ft.): 5,136
- Zoning: R4
Listed by KW Advisors, Disen Cai RE Group
Sold by Kwpen, Kulda Group
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Schools
Schools serving 245 Grand Blvd
School Districts:San Mateo Union High School District, San Mateo-Foster City Elementary School District
| Name | Grades | Distance |
|---|---|---|
San Mateo Park Elementary School 161 Clark Drive, San Mateo, CA 94402 | K-5 | 0.5 mi |
Borel Middle School 425 Barneson Avenue, San Mateo, CA 94402 | 6-8 | 1.8 mi |
San Mateo High School 506 North Delaware Street, San Mateo, CA 94401 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 245 Grand Blvd
Date
Details
Price
Change
Source
11/20/2025
Sold
$1,830,000
30.81%
MLS
10/01/2025
Listed
$1,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
245 Grand Blvd, San Mateo, CA 94401 (MLS# ML82023398) is a Single Family property that was sold at $1,830,000 on November 20, 2025. Want to learn more about 245 Grand Blvd? Do you have questions about finding other Single Family real estate for sale in San Mateo? You can browse all San Mateo real estate or contact a Coldwell Banker agent to request more information.

