NOT LISTED FOR SALE

352 Susie Way South San Francisco, CA 94080

Sunshine Gardens Neighborhood

Estimated Value: $1,758,779 - $1,919,000

8 Beds
8 Baths
4,767 Sq Ft
$386/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $1,698,888 $356 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,441/month

52 Days on Market

Highlights

  • 4 Car Attached Garage
  • Coin Laundry
  • Grass Covered Lot
  • El Camino High School Rated A-
  • Level Lot
  • Carpet

About This Home

As of November 2023

Wonderful multi-unit building with four spacious townhouse style units. All four units are two stories and are currently rented out by quality, long term established tenants. Each unit features its own single car garage and single driveway parking space. Community laundry facility. New composition roof installed in 2022. Situated in the heart of South San Francisco and close to shopping, parks, and commute routes.

Last Agent to Sell the Property

Warren Kohn

Intero Real Estate Services License #01012886 Listed on: 08/28/2023

Intero Real Estate Services

Co-Listed By

Susan Kramer

Intero Real Estate Services License #01399140

Last Buyer's Agent

Kris Focha

Intero Real Estate Services License #01157944

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,478

Year Built

  • 1968

Lot Details

  • 3,141 Sq Ft Lot
  • Level Lot
  • Grass Covered Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,767 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Heating Available
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $119,460

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $999
  • Insurance Expense $6,552
  • Maintenance Expense $6,000
  • Manager Expense $7,194
  • Other Expense $5,105
  • Utility Expense $7,654
  • Trash Expense $7,404
  • Operating Expense $61,864
  • Gross Income $120,348

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,478

Year Built

1968

Lot Details

0

Parking

4

Listing Details

  • Zoning: RH-30
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4767
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Appliances - Vary By Unit, Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 4767
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Wood Frame
  • Roof: Rolled Composition
  • Yard/Grounds: Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0721
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3139.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3139.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.94
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 6552
  • Expense Landscape: 999
  • Expense Maintenance: 6000
  • Expense Management: 7194
  • Expenses Other: 5105
  • Expenses Total: 61864
  • Expenses Utility: 7654
  • Expense Trash: 7404
  • Income Annual Gross: 120348.00
  • Income Annual Rental: 119460
  • Income Gross Scheduled: 120348
  • Income Includes: Coin Operated Equip
  • Income Other: 888
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Utilities, Utilities - Electric, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Maintenance, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Nov 17, 2023
Sold by
Fail Forward Llc
Bought by
Ma Alan and Cheung Grace
Seller's Agent
Warren Kohn
Intero Real Estate Services
Buyer's Agent
Kris Focha
Intero Real Estate Services
List Price
$1,798,000
Sold Price
$1,698,888
Premium/Discount to List
-$99,112
-5.51%
Views
53
Current Estimated Value
$1,840,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,307
Avg. Annual Appreciation
4.29%
Original Mortgage
$939,500
Outstanding Balance
$923,329
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$916,866

Purchase Details

Closed on
Jan 19, 2023
Sold by
Barasch Lawrence and Barasch Rachel Modena
Bought by
Fail Forward Llc

Purchase Details

Closed on
Dec 20, 2022
Sold by
Barasch Rachel Modena
Bought by
Barasch Lawrence and Barasch Rachel Modena

Purchase Details

Closed on
Dec 16, 1998
Sold by
Alejandro Modena
Bought by
Modena Alejandro
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Ma Alan $1,699,000 First American Title
Fail Forward Llc -- --
Barasch Lawrence -- --
Barasch Rachel Modena -- --
Modena Alejandro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Alan $939,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2023 11/22/23 Sold $1,698,888 -5.5% $356 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $1,798,000 0.0% $377 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $1,798,000 -- $377 / 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 $21,478 $1,732,865 $826,200 $906,665
2023 $21,478 $1,887,000 $816,000 $1,071,000
2022 $7,230 $419,387 $102,557 $316,830
2021 $7,114 $411,165 $100,547 $310,618
2020 $7,011 $406,950 $99,517 $307,433
2019 $6,960 $398,971 $97,566 $301,405
2018 $6,805 $391,149 $95,653 $295,496
2017 $6,509 $383,480 $93,778 $289,702
2016 $6,182 $375,962 $91,940 $284,022
2015 $6,075 $370,315 $90,559 $279,756
2014 $5,996 $363,062 $88,786 $274,276
Source: Public Records

Agents Affiliated with this Home

  • Warren Kohn

    Seller's Agent in 2023

    Warren Kohn

    Intero Real Estate Services

    (650) 947-4678

    2 in this area

    167 Total Sales

    Warren Kohn
    Section Image
  • Susan Kramer

    Seller Co-Listing Agent in 2023

    Susan Kramer

    Intero Real Estate Services

    (650) 464-0692

    1 in this area

    63 Total Sales

    Susan Kramer
    Section Image
  • Kris Focha

    Buyer's Agent in 2023

    Kris Focha

    Intero Real Estate Services

    (650) 871-3623

    1 in this area

    24 Total Sales

    Kris Focha
    Section Image
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Map

Source: MLSListings

MLS Number: ML81940051

MLSListings

APN: 011-270-340

California San Mateo County South San Francisco 94080 Sunshine Gardens

352 Susie Way, South San Francisco, CA

This home is located at 352 Susie Way, South San Francisco, CA 94080 since 28 August 2023 and is currently estimated at $1,840,195, approximately $386 per square foot. This property was built in 1968. 352 Susie Way is a home located in San Mateo County with nearby schools including Sunshine Gardens Elementary School, Parkway Heights Middle School, and El Camino High School.

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