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.
Sold for $1,830,000 on 11/20/25
$1,830,000
245 Grand Blvd, San Mateo, CA 94401
4beds
3,746sqft
Other
Built in 1925
5,136 Square Feet Lot
$1,829,900 Zestimate®
$489/sqft
$7,838 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 20, 2025 at 08:29am
Listed by:
Disen Cai RE Group 70010134 650-622-2156,
KW Advisors 650-627-3700
Bought with:
Kulda Group, 70010081
KW Advisors
Source: MLSListings Inc,MLS#: ML82023398
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Dining room
- Features: NoFormalDiningRoom
Family room
- Features: NoFamilyRoom
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Freezer, Oven/Range, Refrigerator
- Laundry: Inside
Interior area
- Total structure area: 3,746
- Total interior livable area: 3,746 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Carport
- Carport spaces: 4
Features
- Stories: 2
Lot
- Size: 5,136 sqft
Details
- Parcel number: 032152160
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Other
Materials
- Foundation: Other
- Roof: Other
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: San Mateo
Other
Other facts
- Listing agreement: ExclusiveRightToSell
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Estimated market value
$1,829,900