NOT LISTED FOR SALE

Estimated Value: $1,826,000 - $2,337,938

8 Beds
4 Baths
3,200 Sq Ft
$650/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2022

Last sale price $1,875,000 $586 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $13,291 / mo

23 Days on Market

Highlights

  • Contemporary Architecture
  • Bamboo Flooring
  • Central Heating
  • Green Hills Elementary School Rated A-
  • Double Pane Windows
  • Level Lot

About This Home

As of December 2022

Exceptional cash flow, low expenses. Own this highly profitable San Bruno 4-Plex and earn $123k/year gross income. All units are 2BD/1BA with one car parking each. All units are fully rented with tenants paying utilities including water, garbage and electricity. Landlord responsible for insurance, maintenance and common electricity. Well-maintained interiors with certain recent updates, such as kitchens and hardwood floors. Tenants enjoy close proximity to multiple dining options, shops, nightlife and good schools ensuring high occupancy rates. Walkable to local favorite San Bruno City Park for tennis courts, playgrounds and Friday night music in the summer. Commute arteries, BART, Caltrain and SFO airport are all easily accessible. Capuchino High School just across the street. Building boasts carport parking with each unit and owner's storage. Enjoy this excellent income opportunity!

Last Agent to Sell the Property

Michael Minson

KW Advisors License #01921338 Listed on: 11/09/2022

KW Advisors

Co-Listed By

Blanca Aguirre

KW Advisors License #DRE #00996735

Last Buyer's Agent

Savannah Wieser

Berkshire Hathaway HomeServices DrysdaleProperties License #02085400

Berkshire Hathaway HomeServices DrysdaleProperties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 5,200 Sq Ft Lot
  • Level Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Separate Meters
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, trash collection, water
  • Assessor Parcel Number 021-113-530

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1957 | Remodeled

Lot Details

5,200 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Architectural Style: Contemporary
  • Property Condition: Original, Updated/Remodeled
  • Levels: Two
  • Stories: 2
  • Year Built: 1957
  • Special Features: 20

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Free Standing Electric Range, Free Standing Refrigerator
  • Flooring: Bamboo, Tile, Wood
  • Laundry Features: Other
  • Price Per Square Foot: 585.94
  • Square Footage: 3200.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Concrete, Wood
  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 4.00
  • Covered Parking Spaces: 4.00

Utilities

  • Cooling: None
  • Heating: Central
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric, Internet Available
  • Water Source: Public

Fee Information

  • Utilities Expenses: 1686

Lot Info

  • Assessor Parcel Number: 021-113-530
  • Irrigation: None
  • Lot Features: Curb(s), Shape Regular
  • Lot Size Acres: 0.1194
  • Lot Size Sq Ft: 5200.00
  • Lot Size Units: SqFt
  • Price Per Acre: 15703517.59
  • Topography: Level

Rental Info

  • Lease Term: Varies By Unit
  • Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water
  • Number Of Units Month To Month: 4
  • Units Furnished: None

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Rent Multiplier: 15.24
  • Number Of2 Bedrooms Occupied: 4
  • Number Of Units Leased: 4
  • Separate Meters: Electricity, Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Dec 15, 2022
Sold by
Bought by
Seller's Agent
Michael Minson
KW Advisors
Buyer's Agent
Savannah Wieser
Berkshire Hathaway HomeServices DrysdaleProperties
List Price
$1,998,000
Sold Price
$1,875,000
Premium/Discount to List
-$123,000
-6.16%
Views
50
Current Estimated Value
$2,081,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,235
Avg. Annual Appreciation
2.96%

Purchase Details

Closed on
Jul 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Interest Rate
0.0737%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Interest Rate
0.0737%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,875,000 Chicago Title
-- First American Title Company
$1,180,000 First American Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $835,000
Previous Owner $944,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2022 12/20/22 Sold $1,875,000 -6.2% $586 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $1,998,000 -- $624 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,810 $1,950,750 $1,352,520 $598,230
2023 $23,810 $1,875,000 $1,300,000 $575,000
2022 $16,266 $1,460,544 $730,272 $730,272
2021 $16,069 $1,431,906 $715,953 $715,953
2020 $15,800 $1,417,224 $708,612 $708,612
2019 $15,414 $1,389,436 $694,718 $694,718
2018 $15,101 $1,362,194 $681,097 $681,097
2017 $14,774 $1,335,486 $667,743 $667,743
2016 $14,580 $1,309,300 $654,650 $654,650
2015 $14,471 $1,289,634 $644,817 $644,817
2014 $14,129 $1,264,372 $632,186 $632,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 422707141

San Francisco Association of REALTORS®

APN: 021-113-530

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