315 Grand Boulevard

• Sat Jul 19, 1:00 pm - 3:00 pm

Rare turnkey tutor style fourplex situated on a large 7,591 SqFt lot in one of the Bay Area's most coveted submarkets. Opportunity for owner-occupancy with up to 80% LTV conventional financing. Low cost alternative to a single family home. Three studio units and one 2-bed/1-bath unit. Two vacant fully remodeled units - a rear cottage studio and a 2-Bed/1-Bath flat - both with in-unit laundry. Substantial capital improvements completed including new electrical wiring and sub-panels, copper plumbing throughout, roof (2017), fencing, asphalt and concrete, and three units completely remodeled with high-end finishes. Two studios are rented, one of which is fully remodeled. An ADU consultancy's pre-feasibility study indicates that up to 5 ADU units can be added which would drive substantial income and appreciation. There are 2 private 1-car garages and 5 uncovered parking spaces. Monthly rent: $9,965 (scheduled), $10,885 (proforma). The strong rent growth, shortage of housing units, proximity to large Silicon Valley employers, and ADU potential make 315 Grand Boulevard an exceptional investment for both the cash flow and appreciation-minded investor. Offering memorandum, disclosures, walkthrough video, and Matterport tours available.

Days on Market

4 days

Current Status

Active

Original Price

$1,950,000

List Price

$1,950,000

On Market Date

Jul 12, 2025

Property Type

Single Family Home

Area

417 - Eastern Addition/Downtown Area

Zip Code

94401

MLS ID

ML82014446

APN

032-161-110

Year Built

1927

Stories in Building

2

Possession

Tenant Rights

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

2

Bath

4

Parking

7

Detached Garage, Off-Street Parking, Uncovered Parking

SQ FT

2,410

SQ FT Source

Unavailable

Lot SQ FT

7,591.0

Lot Acres

0.174265 Acres

Kitchen

Cooktop - Electric, Countertop - Stone, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Microwave, Oven - Electric, Refrigerator

Cooling

Ceiling Fan

Dining Room

Dining Area

Disclosures

Natural Hazard Disclosure

Family Room

Separate Family Room

Flooring

Carpet, Tile

Foundation

Concrete Slab

Fire Place

Family Room

Heating

Central Forced Air - Gas

Laundry

Dryer, Inside, Washer

Possession

Tenant Rights

Architectural Style

Tudor

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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