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$ 1,688,000
Est. payment | /mo
4,575 SqFt
$ 1,688,000
Est. payment | /mo
4,575 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,575 sqft
Price per Sqft $368
MLS Listing ID ML81988466
HOA Y/N No
Year Built 1963
Annual Tax Amount $6,098
Lot Size 5,000 Sqft
Property Description
Conveniently located near a wealth of amenities, this property is less than a mile from the vibrant shops and restaurants of Downtown South San Francisco on Grand Avenue, the Costco Business Center, and the heart of the biotechnology industry. Known as the birthplace of biotech, this area is home to over 250 companies and 12 million square feet of dedicated biotech space. For those outside the biotech field, the property also offers easy access to the 101 Freeway, ensuring a quick and seamless commute. This area in South San Francisco is experiencing significant growth, with several new multi-residential developments enhancing the neighborhood's appeal. This fully rented fourplex presents a solid investment opportunity with strong income potential and promising appreciation over time. Each of the four units features 2 bedrooms and 1 bathroom. The lower units include private back patios, while the upper units offer front-facing balconies. Adjacent to the property is Gardiner Park, complete with a playground and a small basketball court -- an ideal feature for families and tenants seeking nearby recreational spaces. Don't miss out on this rare chance to invest in one of South San Francisco's most dynamic and rapidly growing areas!
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning RM-22 Medium Density Resi
Interior
Heating Radiant, Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Roof Type Bitumen
Accessibility None
Total Parking Spaces 4
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District South San Francisco Unified
Others
Tax ID 012093090
Special Listing Condition Standard
Listed by Stanley Lo • Green Banker Realty
Karen Iwakoshi
Real Estate Consultant | License ID: 01971542
+1(562) 595-3264 | karen@iwakoshirealtor.com