$303.97 Per Sq Foot $14,467 est/mo Sourced by Back At You

168 Santa Clara Avenue,San Bruno, CA 94066

San Bruno CA, 94066

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Description

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.

Details

MLS#ML81964840
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1972
Days On Site18
Listing Provided ByMarcus & Millichap (650) 391-1700 | Philip Batlin

Features

SQ Feet8,866
Car PortYes
Building(s)2
ZoningR30000
Acreage0.20

Market Activity 94066

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySan Mateo
CitySan Bruno
Zip Code94066
Area699 Not Defined
Listing VS Median (in 94066)
Price:
$2,695,000
low | high
Med:
$995,000
100% of Average
SqFt:
8,866
low | high
Med:
960
100% of Average
$ / SqFt:
$304
low | high
Med:
$1,036
100% of Average
On Site:
18
low | high
Med:
1.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 12:33:56 PM PDT