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Off market
  • Tax assessed value
    $4,100,000

    519 Commercial Ave, South San Francisco, CA 94080

    --beds
    0baths
    9,591sqft
    MultiFamily
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $427/sqft
    $2,948 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,948/mo

    Zestimate® history
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    Owner options

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    $2,948/mo

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    $2,948/mo

    Rent Zestimate®

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    $26,292/mo

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    $26,292/mo

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    What's special

    Unique opportunity to acquire a 9 unit Multi-Family property in the heart of South San Francisco, the birthplace of Biotech! The property consists of nine large 2 bed/1 bath apartments, 3 garages, 6 carports (plus space for one additional car behind each garage & carport), and a laundry room. Upside in rents can be achieved through strong rental demand and some updating. Convenient location, close to San Francisco and San Jose, minutes from the SFO International Airport, freeways, transportation, shopping, parks, schools and restaurants. Do disturb occupants, drive by only.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Appliances
    • Included: Garbage disposal, Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 9,591 sqft

    Property

    Parking
    • Total spaces: 18
    • Parking features: Carport, Garage - Attached
    Features
    • Exterior features: Stucco, Wood
    Lot
    • Size: 8,999 Square Feet
    Details
    • Parcel number: 012271170

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1962

    Community & HOA

    Community
    • Features: On Site Laundry Available
    Location
    • Region: South San Francisco

    Financial & listing details

    • Price per square foot: $427/sqft
    • Tax assessed value: $4,100,000
    • Annual tax amount: $50,863
    • Lease term: Lease/Mth to Mth Mix
    • Tenant pays: Gas, Electricity

    Price history

    DateEventPrice
    8/24/2022Sold$4,400,000-2.2%$459/sqft
    Source: Public Record Report a problem
    2/25/2019Sold$4,500,000+25%$469/sqft
    Source: Public Record Report a problem
    5/4/2018Sold$3,600,000+2.9%$375/sqft
    Source: Public Record Report a problem
    3/6/2018Pending sale$3,500,000$365/sqft
    Source: RE/MAX Star Properties #467141 Report a problem
    2/26/2018Listed for sale$3,500,000+324.2%$365/sqft
    Source: RE/MAX Star Properties #467141 Report a problem
    7/1/2014Sold$825,000$86/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$50,863 -1.7%$4,100,000 -1%
    2024$51,742 -5.4%$4,140,000 -5.9%
    2023$54,679 -2.3%$4,400,000 -7%
    2022$55,988 +1.3%$4,730,301 +2%
    2021$55,247 +1.3%$4,637,551 +1%
    2020$54,554 +20.8%$4,590,000 +25%
    2019$45,165 +123.2%$3,672,000 +172.4%
    2018$20,237 +3.9%$1,348,006 +2%
    2017$19,475 +4.1%$1,321,577 +2%
    2016$18,711 +136.7%$1,295,666 +1.5%
    2015$7,903 $1,276,206 +330.4%
    2014$7,903 $296,509 +0.5%
    2013-- $295,170 +2%
    2012-- $289,383
    2011-- $289,383 +2.8%
    2010-- $281,590 -0.2%
    2009-- $282,260 +2%
    2008-- $276,727 +2%
    2007-- $271,302 +2%
    2006-- $265,983
    2005-- $265,983 +4%
    2004-- $255,657 +1.9%
    2003-- $250,973 +2%
    2002-- $246,053 +2%
    2001-- $241,230 +2%
    2000-- $236,501
    Find assessor info on the county website

    Neighborhood: Old Town

    Nearby schools

    GreatSchools rating