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Listed by Stanley Lo • Green Banker Realty
$1,688,000
Est. payment /mo
4,575 SqFt
UPDATED:
12/21/2024 09:07 PM
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
Originating Board Datashare MLSListings
Year Built 1963
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
Interior
Heating Wall Furnace, Radiant
Cooling No Air Conditioning
Fireplace No
Building
Water Public
Schools
School District South San Francisco Unified, South San Francisco Unified
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