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168 Santa Clara Ave

San Bruno, CA 94066
  • $2,695,000
  • STATUS: Active Under Contract
  • ON SITE: 72 Days
  • ID#: ML81964840
Under Contract
UPDATED: 55 min ago
$2,695,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,866
    SQFT
  • $304
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Ratings & Info

Listing provided courtesy of Philip Batlin of Marcus & Millichap: 415-625-2189.

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.

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© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-07-20T11:52:04.233. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Bay Area Estates or Keller Williams Roseville.

Licensed in the State of California.
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168 Santa Clara Ave San Bruno, CA 94066

  • Price: $2,695,000
  • Status: Active Under Contract
  • On Site: 72 Days
  • Updated: 55 min ago
  • ID#: ML81964840
0
Beds
0
Baths
0
½ Baths
0.2
Acres
8,866
SQFT
$304
$/SQFT
1972
Built
Neighborhood:
Lomita Park
County:
San Mateo
Area:
Lomita Park
Property 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.
Exterior Features

Foundation Wood Frame Garage Parking Carport Number Of Buildings 2 Parking Spaces 10 Pool YN No Roof Shingle Units In Complex Min 8

Interior Features

Beds Unit1 1 Cooling None Flooring CarpetVinyl / Linoleum Heating Wall Furnace Sq Ft Unit1 800 Structure Sq Ft 8866

Property Features

Accessibility Features None Additional Listing Info Not Applicable City Name SAN BRUNO Hoa Amenities None Hoa YN No Lot Size Area Maximum 8755.00 Meters Separate ElectricSeparate Gas Rent Unit1 2500 Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Public Utilities Water Public Zoning R30000

Listing provided courtesy of Philip Batlin of Marcus & Millichap: 415-625-2189.



© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-07-20T11:52:04.233. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Bay Area Estates or Keller Williams Roseville.

Licensed in the State of California.
Website powered by BoomTown.
 
https://bt-photos.global.ssl.fastly.net/siliconv/orig_boomver_1_81964840-2.jpg https://bt-photos.global.ssl.fastly.net/siliconv/orig_boomver_1_81964840-2.jpg https://bt-photos.global.ssl.fastly.net/siliconv/orig_boomver_1_81964840-2.jpg
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Keller Williams Bay Area Estates or Keller Williams Roseville
16780-A Lark Ave
Los Gatos CA, 95032

Listing provided courtesy of Philip Batlin of Marcus & Millichap: 415-625-2189.

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