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519 Commercial Avenue South San Francisco, CA 94080
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Key Details
Sold Price $4,400,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 9,591 sqft
Price per Sqft $458
MLS Listing ID ML81897328
Sold Date 08/24/22
HOA Y/N No
Year Built 1962
Lot Size 9,000 Sqft
Acres 0.21
Property Description
519 Commercial Avenue in downtown South San Francisco presents an incredible value add opportunity for an investor. The property boasts an almost unheard of unit mix consisting of (9) 2 bedroom, 1 bath units. This investment has solid in place rents with massive upside potential through renovation. It is located in downtown South San Francisco, is blocks from Grand Ave. and sports a WalkScore of 91 (Walkers Paradise). With unprecedented growth in South San Francisco fueled by Biotech/Life Science companies this will prove to be a fantastic asset. Two units have been completely and beautifully renovated and demonstrate significant upside as these units are now currently under maximum achievable current rent levels.
Location
State CA
County San Mateo
Area Listing
Zoning Mult
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Type Attached, Covered, Tandem
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 012271170
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Bought with LarryMueller
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