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Sold for $2,750,000
  • $2,750,000

    Santa Clara Ave, San Bruno, CA 94066

    1beds
    1baths
    8,866sqft
    Five Or More Units, Residential Income
    Built in 1972
    -- sqft lot
    $2,883,000 Zestimate®
    $310/sqft
    $2,331 Estimated rent

    Home value

    $2,883,000

    $2.45M - $3.34M

    $2,331/mo

    Zestimate® history
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    $17,254/mo

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    What's special

    INVESTMENT OVERVIEW Marcus & Millichap is pleased to present the opportunity to acquire 168 Santa Clara Ave, a 8-unit multifamily property located in the heart of San Bruno. The property presents a rare opportunity for an investor to enter the Peninsula market with a strong cash flow day one. 168 Santa Clar Ave was constructed in 1972 and consists of two wood frame, three story structures that are clad with stucco and T1-11 siding. The unit mix has (8) 1-bedroom/1 bathroom loft apartments that are about 800 sq ft each. The property consists of two buildings sitting on a 0.20 acre (or 8,755 sq ft) lot. The subject property also contains three non-conforming units that a savvy investor can turn into livable space, buyer to perform their own investigation into the legalization process. Two of the non-conforming spaces are located at the rear of each building with natural light and a designated bathroom, each space is approximately 600 sq ft. The subject property has 8 tuck-under parking stalls and 2 additional covered spaces providing on-site parking for 10 vehicles. The subject property has a shared common laundry room that provides additional income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Batlin 01873218 415-625-2189,

    Marcus & Millichap 650-391-1700

    Bought with:

    Zaheer Siddiqui, 01915638

    JPAR Iron Horse Real Estate

    Source: MLSListings Inc,MLS#: ML81964840MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Wall Furnace
    Cooling
    • None
    Features
    • Flooring: Carpet, Vinyl Linoleum
    • Doors: None
    Interior area
    • Total structure area: 8,866
    • Total interior livable area: 8,866 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 8,755 Square Feet
    Details
    • Parcel number: 021186210
    • Zoning: R30000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Wood Frame
    • Roof: Shingle
    Condition
    • Year built: 1972

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    HOA
    • Amenities included: None
    Location
    • Region: San Bruno

    Financial & listing details

    • Price per square foot: $310/sqft
    • Date on market: 5/8/2024
    • Listing agreement: ExclusiveAgency
    • Inclusions: None
    • Lease term: Month To Month

    Price history

    DateEventPrice
    7/23/2024Sold$2,750,000+2%$310/sqft
    Source: MLSListings Inc #ML81964840 Report a problem
    7/1/2024Contingent$2,695,000$304/sqft
    Source: MLSListings Inc #ML81964840 Report a problem
    6/4/2024Pending sale$2,695,000$304/sqft
    Source: MLSListings Inc #ML81964840 Report a problem
    5/8/2024Listed for sale$2,695,000$304/sqft
    Source: MLSListings Inc #ML81964840 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 94066

    Nearby schools

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

    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
    $2,883,000
    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
    $2,883,000