Exceptional investment opportunity In South San Francisco. 85-87 Chestnut Ave consists of two 2 bedroom, 1 bath units on an oversized 7,228sf (per assessor) parcel. Potential to add another ADU (buyer to verify with City). Extensive capital improvements and site work have been performed. Gas, Electric, and water are separately metered and paid by the tenants (trash as well) One unit is currently vacant allowing for immediate occupancy by an owner user, or the ability to re-rent at market rate. Ideal location that is walkable to both Downtown South San Francisco and Bart. Truly a turnkey investment opportunity.
Sold for $1,330,000 on 08/23/24
$1,330,000
85-87 Chestnut Ave, South San Francisco, CA 94080
--beds
--baths
2,020sqft
Duplex,
Built in 1951
-- sqft lot
$1,315,500 Zestimate®
$658/sqft
$3,502 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 23, 2024 at 10:28am
Listed by:
Matthew Rogers 01824110 650-678-4837,
Rogers & Associates
Bought with:
RECIP, 00000000
Out of Area Office
Source: MLSListings Inc,MLS#: ML81966204

Facts & features
Interior
Heating
- Other
Cooling
- None
Appliances
- Included: Washer/Dryer
Features
- Doors: Other
Interior area
- Total structure area: 2,020
- Total interior livable area: 2,020 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage Door Opener, Off Street, On Street
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Other
Features
- Stories: 2
Lot
- Size: 7,228 sqft
Details
- Parcel number: 011314040
- Zoning: R20000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex,
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition, Shingle
Condition
- Year built: 1951
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Community & neighborhood
Location
- Region: South San Francisco
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Services availability
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Estimated market value
$1,315,500
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
$1,315,500