$4,799,000
Pending
0.17 acres | #ML81967000
Listing OfficeCompass
Browse 25 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Brand New (2019) Six Unit Building Consists of (4) 2 Bedroom 2.5 Baths and (1) Penthouse 4 Bedroom and 3.5 Bathroom, and (1) additional studio with full bath, which is currently rented out and used as an office for the owner. All units have washer & dryer as well as balconies for every single bedroom and living room and an additional large wrap-around balcony on the 2nd floor. The units also have electric fireplaces and electric tankless water heaters. There is an Elevator in the Entrance Lobby. The property also consists of 10 grade-level secured parking spaces with additional storage in the garage for each unit Parking Spaces. Only 1 Mile to Genetec and only minutes to SF and SFO Airport. There are endless opportunities for this amazing property. The current operations of the property consist of AirBnB rentals for each unit. The building could also be rented to long-term market-rate renters or even converted to condos and sold individually. Lastly, because of its close proximity to Oyster Point and the Bio-Tech hub of the Bay Area, there could be a great opportunity to implement corporate rentals and/or furnished living, the possibilities are endless. This is a pride of ownership generational asset that rarely comes available.

  • Property Details
      • Acres0.1736
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2018
  • Community and Neighborhood Details
      • School DistrictSouth San Francisco Unified
      • CountySan Mateo
  • Financial Details
      • Original List Price$4,799,000
      • Taxes Annual$52,530
  • Other
      • MLS #ML81967000

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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