NOT LISTED FOR SALE

119 Gardiner Ave South San Francisco, CA 94080

Downtown South San Francis Neighborhood

Estimated Value: $1,445,000 - $1,734,000

5 Beds
3 Baths
2,376 Sq Ft
$662/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $1,420,000 $598 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,171/month

13 Days on Market

Highlights

  • Detached Garage
  • South San Francisco High School Rated A-
  • Carpet

About This Home

As of July 2018

South San Francisco is nestled between San Francisco and the Peninsula and has grown to become a major hub for many biotech and bio-pharmaceutical companies such as: Genentech, Pfizer, Amgen. This triplex features 1-3BR unit and 2-1BR units, plus 3 car parking. The property is centrally located near downtown South San Francisco, with easy access to HWY 101, restaurants and shops.

Last Agent to Sell the Property

David Chan

JODI Group License #01344760 Listed on: 06/14/2018

Last Buyer's Agent

David Chan

JODI Group License #01344760 Listed on: 06/14/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,149

Year Built

  • 1954

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Triplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,376 Sq Ft Home
  • 2-Story Property
  • Carpet

Parking

  • Detached Garage
  • 3 Carport Spaces

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $72,600

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $540
  • Insurance Expense $1,200
  • Maintenance Expense $190
  • Utility Expense $1,425
  • Operating Expense $20,155
  • Gross Income $72,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,149

Year Built

1954

Lot Details

0

Listing Details

  • Zoning: RM0000
  • Subclass: Triplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2376
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Living Sq Ft: 2376
  • Stories: 2
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Parking Features: Carport, Detached Garage
  • Carport Min: 3

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month
  • Gross Rent Multiplier: 19.27
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 540
  • Expense Maintenance: 190
  • Expenses Total: 20155
  • Expenses Utility: 1425
  • Income Annual Gross: 72600.00
  • Income Annual Rental: 72600
  • Income Gross Scheduled: 72600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities - Water
  • Tenant Expenses: Rent Only, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2020
Sold by
Tsui Chingsze and Lam Wai
Bought by
Tsui Chingsze and Wai Lam
Current Estimated Value
$1,573,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,500
Outstanding Balance
$760,233
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$831,100

Purchase Details

Closed on
Apr 17, 2019
Sold by
Lam Tsui Chingsze and Lam Wai
Bought by
Lam Tsui Chingsze and Lam Wai

Purchase Details

Closed on
Mar 28, 2019
Sold by
Lam Tsui Chingsze and Lam Wai
Bought by
Lam Tsui Chingsze and Lam Wai

Purchase Details

Closed on
Oct 20, 2018
Sold by
Lam Tsui Chingsze and Lam Wai
Bought by
Lam Tsui Chingsze and Lam Wai

Purchase Details

Listed on
Jun 14, 2018
Closed on
Jul 11, 2018
Sold by
Wong Malvin and Wong Connie Tam
Bought by
Wai Lam and Tsui Chingsze
Seller's Agent
David Chan
JODI Group
Buyer's Agent
David Chan
JODI Group
List Price
$1,399,000
Sold Price
$1,420,000
Premium/Discount to List
$21,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$932,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Kcc Management Llc
Bought by
Wong Malvin and Wong Connie Tam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Cammarata Carl D and Cammarata Kathleen M
Bought by
Kcc Management Llc

Purchase Details

Closed on
Jul 29, 2003
Sold by
Cammarata Kathleen M and Cammarata Carl D
Bought by
Cammarata Carl D and Cammarata Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2002
Sold by
Cammarata Kathleen M and Cammarata Carl D
Bought by
Cammarata Carl D and Cammarata Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.52%

Purchase Details

Closed on
May 19, 1997
Sold by
Cammarata Carl D and Cammarata Kathleen M
Bought by
Cammarata Carl D and Cammarata Kathleen M

Purchase Details

Closed on
Feb 25, 1997
Sold by
Cammarata Carl D and Cammarata Kathleen M
Bought by
Cammarata Carl D and Cammarata Kathleen M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tsui Chingsze -- Fidelity National Title Co
Tsui Chingsze -- Fidelity National Title Co
Lam Tsui Chingsze -- Lawyers Title
Lam Tsui Chingsze -- Accommodation
Lam Tsui Chingsze -- None Available
Wai Lam $1,420,000 Fidelity National Title Co
Wong Malvin $861,000 Chicago Title Insurance Co
Kcc Management Llc -- --
Cammarata Carl D -- North American Title Company
Cammarata Carl D -- North American Title Company
Cammarata Carl D -- Fidelity National Title Co
Cammarata Carl D -- Fidelity National Title Co
Cammarata Carl D -- --
Cammarata Carl D -- --
Cammarata Carl D -- --
Cammarata Carl D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsui Chingsze $848,500
Closed Tsui Chingsze $932,425
Closed Wai Lam $932,000
Previous Owner Wong Malvin $675,000
Previous Owner Cammarata Carl D $397,000
Previous Owner Cammarata Carl D $400,000
Previous Owner Cammarata Carl D $273,000
Closed Lam Tsui Chingsze $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $1,420,000 +1.5% $598 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $1,399,000 -- $589 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,149 $1,584,032 $613,533 $970,499
2023 $19,149 $1,522,523 $589,709 $932,814
2022 $17,801 $1,492,671 $578,147 $914,524
2021 $17,564 $1,463,404 $566,811 $896,593
2020 $17,343 $1,448,400 $561,000 $887,400
2019 $17,162 $1,420,000 $550,000 $870,000
2018 $12,963 $1,034,088 $517,044 $517,044
2017 $12,589 $1,013,812 $506,906 $506,906
2016 $12,271 $993,934 $496,967 $496,967
2015 $10,154 $979,006 $489,503 $489,503
2014 $9,562 $745,000 $372,500 $372,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Chan

    JODI Group

See All Agents

Map

Source: MLSListings

MLS Number: ML81710276

MLSListings

APN: 012-093-160

California San Mateo County South San Francisco 94080 Downtown South San Francis

119 Gardiner Ave, South San Francisco, CA

This home is located at 119 Gardiner Ave, South San Francisco, CA 94080 since 14 June 2018 and is currently estimated at $1,573,667, approximately $662 per square foot. This property was built in 1954. 119 Gardiner Ave is a home located in San Mateo County with nearby schools including Martin Elementary School, Parkway Heights Middle School, and South San Francisco High School.

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