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315 Grand Blvd
San Mateo, CA 94401
Turnkey Fourplex Near Downtown Burlingame · Multifamily Property For Sale
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4 Units
Investment Highlights
- Located in close proximity to Downtown Burlingame, Downtown San Mateo, SFO and other landmarks
- Unit mix consists of (3) studios and (1) two-bedroom/one-bathroom units
- Three out of four units have been completely renovated in 2025
- Opportunity to add up to five ADU per pre-feasibility study completed by an ADU consultancy
- Two out of four units will be delivered vacant, allowing for owner-occupancy, multi-generational living, and investment income
- Recent capital improvements include new electrical wiring and subpanels, copper plumbing, a newer roof, new asphalt surface, new fencing, and more
Property Facts
| No. Units | 4 | Building Size | 2,410 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1927/2025 |
| Building Class | B | Parking Ratio | 2.9/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R3 - Medium Density Residential | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 2,410 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built/Renovated | 1927/2025 |
| Parking Ratio | 2.9/1,000 SF |
| Zoning | R3 - Medium Density Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 032-161-110 | Improvements Assessment | $100,000 |
| Land Assessment | $1,267,500 | Total Assessment | $1,367,500 |
Property Taxes
Parcel Number
032-161-110
Land Assessment
$1,267,500
Improvements Assessment
$100,000
Total Assessment
$1,367,500
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