311 Magnolia Ave South San Francisco, CA 94080
Downtown South San Francis Neighborhood
3
Beds
67
Baths
1,944
Sq Ft
3,149
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- South San Francisco High School Rated A-
- Washer and Dryer
About This Home
Wonderful opportunity for an investment or owner occupied This amazing triplex in the heart of South San Francisco conveniently located between the booming downtown area and the biotech capital makes an incredible opportunity. Three units two are vacant and one currently occupied with a month-to-month tenant. Upper unit, 309 Magnolia 2bed/1bath, Lower unit, 311 Magnolia 1bed/1bath and lower back unit Studio/1bath (tenant occupied). Perfect for multi-generational living, live in one, rent the other two. 309 & 311 have separate electrical meters. Detached 2 car garage, separate laundry facilities. Long term owners and well maintained. Close proximity to downtown district, public transportation Caltrain / Bart, easy access to Hwy 101, SFO, San Francisco and Silicon Valley.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,612
Year Built
- 1914
Parking
- 2 Car Detached Garage
Home Design
- Triplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,944 Sq Ft Home
- 2-Story Property
- Washer and Dryer
Additional Features
- 3,149 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $15,600
Community Details
Overview
- 1,944 Sq Ft Building
Building Details
- 1 Leased Unit
- Gross Income $15,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2025
Closed on
Apr 16, 2025
Sold by
Navarro Salvador E and Navarro Yolanda Gonzalez
Bought by
Balocating Allison and Balocating Anthony
Seller's Agent
Patty Dwyer Group
Compass
List Price
$1,400,000
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.32%
Original Mortgage
$985,000
Outstanding Balance
$982,381
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$314,703
Purchase Details
Closed on
Apr 4, 2001
Sold by
Lehr Boris and Lehr Brigitte U
Bought by
Navarro Salvador E and Denavarro Yolanda Gonzalez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.19%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 15, 1995
Sold by
Lehr Boris and Lehr Brigitte U
Bought by
Lehr Boris and Lehr Brigitte U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.88%
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,250,000 | Lawyers Title Company | |
| Grant Deed | $400,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $985,000 | New Conventional | |
| Previous Owner | $270,000 | Commercial | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $200,000 | Seller Take Back | |
| Previous Owner | $145,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Pending | -- | -- | -- |
| 03/03/2025 03/03/25 | For Sale | $1,400,000 | -- | $720 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $8,612 | $602,720 | $301,360 | $301,360 |
| 2023 | $8,612 | $579,316 | $289,658 | $289,658 |
| 2022 | $8,019 | $567,958 | $283,979 | $283,979 |
| 2021 | $7,899 | $556,822 | $278,411 | $278,411 |
| 2020 | $7,791 | $551,114 | $275,557 | $275,557 |
| 2019 | $7,722 | $540,308 | $270,154 | $270,154 |
| 2018 | $7,544 | $529,714 | $264,857 | $264,857 |
| 2017 | $7,273 | $519,328 | $259,664 | $259,664 |
| 2016 | $7,002 | $509,146 | $254,573 | $254,573 |
| 2015 | $6,883 | $501,500 | $250,750 | $250,750 |
| 2014 | $6,776 | $491,678 | $245,839 | $245,839 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Patty Dwyer Group
Compass
(650) 931-2035
2 in this area
289 Total Sales
Map
Source: MLSListings
MLS Number: ML81996193
APN: 012-243-160
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