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Sold for $4,400,000 on 08/24/22
  • $4,400,000

    Commercial Southsanfrancisco, South San Francisco, CA 94080

    --beds
    --baths
    9,591sqft
    Five Or More Units,
    Built in 1962
    -- sqft lot
    $3,523,100 Zestimate®
    $459/sqft
    $5,390 Estimated rent

    What's special

    519 Commercial Avenue in downtown South San Francisco presents an incredible value add opportunity for an investor. The property boasts an almost unheard of unit mix consisting of (9) 2 bedroom, 1 bath units. This investment has solid in place rents with massive upside potential through renovation. It is located in downtown South San Francisco, is blocks from Grand Ave. and sports a WalkScore of 91 (Walkers Paradise). With unprecedented growth in South San Francisco fueled by Biotech/Life Science companies this will prove to be a fantastic asset. Two units have been completely and beautifully renovated and demonstrate significant upside as these units are now currently under maximum achievable current rent levels.

    Zillow last checked: 7 hours ago

    Listing updated: March 24, 2025 at 04:44am

    Listed by:

    Steve Zirelli 01929245 650-224-3118,

    Cornish & Carey Commercial,

    Brian Henry 01385537 650-688-8507

    Bought with:

    , 00341576

    RE/MAX Gold Redwood Shores.

    Source: MLSListings Inc,MLS#: ML81897328MLS Logo

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • None
    Features
    • Doors: None
    Interior area
    • Total structure area: 9,591
    • Total interior livable area: 9,591 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Attached, Covered, Tandem
    • Garage spaces: 3
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 8,973 sqft
    Details
    • Parcel number: 012271170
    • Zoning: Multi Family
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units,
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1962

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: South San Francisco

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    Services availability
    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

    $3,523,100

    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

    $3,523,100