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$1,260,000
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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.
Full Property Details
Full Property Details for 327 Grand Blvd
General
- Sold For: $1,260,000
- Status: Closed
- Type: Triplex
- Source: RE_Infolink
- MLS ID: ML82024252
- Added to Site: 100 day(s) ago
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Attached Garage, Off-Street Parking, Uncovered Parking
Location
- Area: North Shoreview / Dore Cavanaugh
- County: San Mateo
- Cross Streets: San Mateo Dr
Heating & Cooling
- Cooling Type: Ceiling Fan
- Heating Type: Forced Air, Gas, Wall Furnace
Utilities
- Sewer: Public Sewer, Sewer Available, Sewer Available at Site, Sewer in Street
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Brick , Combination, Concrete Perimeter
- Roof: Wood Shakes / Shingles
- Disability Access: None
- Square Feet: 2,107
- Year Built: 1910
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1756
- Minimum Lot Size: 7651
- Lot Size (Sq. Ft.): 7,651
- Building Sites: 2
Listed by Compass, Ismael Benhamida and Compass, Hanna John Azar
Sold by Pacu, Ismael Benhamida and Compass, Hanna John Azar
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Schools
Schools serving 327 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 | 0.6 mi |
Borel Middle School 425 Barneson Avenue, San Mateo, CA 94402 | 6-8 | 1.9 mi |
San Mateo High School 506 North Delaware Street, San Mateo, CA 94401 | 9-12 | 0.3 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 327 Grand Blvd
Date
Details
Price
Change
Source
12/02/2025
Sold
$1,260,000
-15.72%
MLS
10/09/2025
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
327 Grand Blvd, San Mateo, CA 94401 (MLS# ML82024252) is a Triplex property that was sold at $1,260,000 on December 02, 2025. Want to learn more about 327 Grand Blvd? Do you have questions about finding other Triplex 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.

