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*The adjacent triplex at 321 Grand Boulevard and the fourplex at 315 Grand Boulevard are also available for sale.* 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 property spans 2,107 square feet on a 7,651 square foot lot, with two 2BR/1BA units and one 1BR/1BA unit. All three units are currently occupied. Located in San Mateo's North Central neighborhood, just one mile from Downtown Burlingame's restaurants and boutiques, with Downtown San Mateo's amenities nearby. 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. Strong rent growth, housing shortage, proximity to Silicon Valley employers, and repositioning potential make 327 Grand Boulevard exceptional for both cash flow and appreciation-minded investors.
Property Type(s):
Residential Income
| Last Updated | 10/8/2025 | Year Built | 1910 |
|---|---|---|---|
| Community | 699 - Not Defined | County | San Mateo |
SCHOOLS
| Elementary School | Other |
|---|---|
| High School | San Mateo |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 699 - Not Defined |
| HEAT | Forced Air, Wall Furnace |
| LOT | 7649 sq ft |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| TAXES | 17438 |
| WATER | Public |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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