Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81964840
MLS Source
MLSListings, Inc.
Interior Features
Flooring
Carpet, Vinyl/Linoleum
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Shingle
Foundation
Wood Frame
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Millbrae Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Complex Amenities
None
Zoning
R30000
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 6 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 800 | 1 | 1/0 | $2,500 | $2,000 | 8 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
168 Santa Clara Ave is a Residential Income in San Bruno, CA 94066. This 8,866 square foot property sits on a 8,755 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,750,000 and was built in 1972. This address can also be written as 168 Santa Clara Ave, San Bruno, CA 94066.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Philip Batlin, (415) 625-2189
