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Sold for $1,650,000
  • $1,650,000

    512 Keoncrest Dr, South San Francisco, CA 94080

    7beds
    4baths
    3,250sqft
    Triplex, Residential Income
    Built in 1960
    -- sqft lot
    $1,714,600 Zestimate®
    $508/sqft
    $3,839 Estimated rent

    Home value

    $1,714,600

    $1.51M - $1.92M

    $3,839/mo

    Zestimate® history
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    $3,839/mo

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    $10,439/mo

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    What's special

    Unlock Investment Potential in the desirable Sierra Highlands. This 3-unit residence offers a compelling opportunity for investors seeking a stable asset with income-generation potential. Imagine the possibilities: owner-occupy a unit and potentially offset your mortgage with rental income (house hacking), or build your investment portfolio with a property poised for future returns. The building boasts a functional layout with three spacious units, totaling 7 bedrooms and 3.5 bathrooms across 3,250 square feet. Each unit enjoys access to a shared laundry area and a dedicated space in the attached garage for convenient parking. A shared backyard provides a play or gathering space for tenants. The current rent roll offers a solid foundation, with two long-term tenants occupying two units. One vacant unit presents an immediate chance to capitalize on the current market rate. This residence is nestled in the desirable Serra Highlands neighborhood of South San Francisco. Residents enjoy close proximity to Kaiser Permanente, Alta Loma Park, Buri Buri Park, and Buri Buri Elementary School. Convenient shopping is nearby with Westborough Plaza and a Costco just minutes away, while easy access to I-280 and El Camino Real ensures effortless commutes throughout the Bay Area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Caroline K. Huo Group 70010141 650-627-3769,

    KW Advisors 650-627-3700,

    Julian Gonda 02125232 650-502-5110,

    KW Advisors

    Bought with:

    Jaime Gonzalez, 01126649

    Gonzalez Properties

    Source: MLSListings Inc,MLS#: ML81966272MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Central Forced Air Gas, Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Hookups Only
    Features
    • Doors: None
    Interior area
    • Total structure area: 3,250
    • Total interior livable area: 3,250 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: On Street
    • Garage spaces: 3
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 5,088 Square Feet
    Details
    • Parcel number: 010263170
    • Zoning: CL00C1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Other
    Condition
    • Year built: 1960

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: South San Francisco

    Financial & listing details

    • Price per square foot: $508/sqft
    • Tax assessed value: $1,683,000
    • Annual tax amount: $3,970
    • Date on market: 5/17/2024
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    6/28/2024Sold$1,650,000-4.3%$508/sqft
    Source: MLSListings Inc #ML81966272 Report a problem
    6/3/2024Pending sale$1,725,000$531/sqft
    Source: MLSListings Inc #ML81966272 Report a problem
    5/17/2024Listed for sale$1,725,000$531/sqft
    Source: MLSListings Inc #ML81966272 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,366 -2.5%$1,683,000 -1.8%
    2024$20,896 +426.3%$1,713,600 +955.7%
    2023$3,970 +4.5%$162,318 +2%
    2022$3,800 +1.8%$159,136 +2%
    2021$3,733 +1.6%$156,017 +1%
    2020$3,675 +0.5%$154,418 +2%
    2019$3,655 +2.2%$151,391 +2%
    2018$3,577 +5.7%$148,423 +2%
    2017$3,384 +7.4%$145,514 +2%
    2016$3,150 +2.8%$142,662 +1.5%
    2015$3,063 $140,520 +2%
    2014$3,063 $137,769 +0.5%
    2013-- $137,147 +2%
    2012-- $134,459
    2011-- $134,459 +2.8%
    2010-- $130,838 -0.2%
    2009-- $131,150 +2%
    2008-- $128,579 +2%
    2007-- $126,059 +2%
    2006-- $123,588
    2005-- $123,588 +4%
    2004-- $118,791 +1.9%
    2003-- $116,614 +2%
    2002-- $114,328 +2%
    2001-- $112,087 +2%
    2000-- $109,890
    Find assessor info on the county website

    Neighborhood: Serra Highlands

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: SouthSanFranciscoUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,714,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,714,600