NOT LISTED FOR SALE

519 Commercial Ave South San Francisco, CA 94080

Downtown South San Francis Neighborhood
18 Beds
-- Bath
9,591 Sq Ft
9,000 Sq Ft Lot

Last Sold May 18, 2018

Last sale price $3,600,000 $375 Per Sq Ft

9 Days on Market

Highlights

  • 0.21 Acre Lot
  • Traditional Architecture
  • Guest Parking
  • South San Francisco High School Rated A-
  • 18 Car Attached Garage
  • Coin Laundry

About This Home

As of May 2018

Unique opportunity to acquire a 9 unit Multi-Family property in the heart of South San Francisco, the birthplace of Biotech! The property consists of nine large 2 bed/1 bath apartments, 3 garages, 6 carports (plus space for one additional car behind each garage & carport), and a laundry room. Upside in rents can be achieved through strong rental demand and some updating. Convenient location, close to San Francisco and San Jose, minutes from the SFO International Airport, freeways, transportation, shopping, parks, schools and restaurants. Do disturb occupants, drive by only.

Last Agent to Sell the Property

Larry Mueller

RE/MAX Gold License #00341576 Listed on: 02/25/2018

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,000 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 9,591 Sq Ft Home
  • 3-Story Property
  • Fire and Smoke Detector
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Parking

  • 18 Car Attached Garage
  • 9 Open Parking Spaces
  • Carport
  • Guest Parking

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Cable TV Available

Community Details

  • 9 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 012271170

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Traditional
  • Stories: 3
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Number Of Rooms: 36
  • Appliances: Disposal, Free Standing Refrigerator, OVRG, OVFR
  • Flooring: Carpet, Linoleum, Vinyl
  • Laundry Features: Coin Operated
  • Price Per Square Foot: 375.35
  • Square Footage: 9591.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood, Wood Siding
  • Foundation: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Attached, Carport, Garage, Guest Parking Available
  • Total Parking Spaces: 18.00
  • Independent Parking Spaces: 9
  • Tandem Parking Spaces: 9

Utilities

  • Electric: 220 Volts
  • Heating: Gas
  • Security Features: Smoke Detector
  • Utilities: Cable Available

Lot Info

  • Assessor Parcel Number: 012271170
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 17424975.80
  • Zoning: R9

Rental Info

  • Lease Term: Lease/Month to Month Mix
  • Tenant Pays: Cable TV, Electricity, Gas

Building Info

  • Number of Units Total: 9

Multi Family

  • Gross Rent Multiplier: 19.87
  • Two Bedroom Rent Range: 1550-1650
  • Number of 2 Bedroom Units: 9
  • Separate Meters: Electricity, Gas
  • Total Number Owner Occupied: 9

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

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $3,600,000 0.0% $375 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/25/2018 02/25/18 For Sale $3,600,000 -- $375 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Larry Mueller

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2018

    Non Member Sales

    Non Multiple Participant

See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 467141

San Francisco Association of REALTORS® MLS

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

519 Commercial Ave, South San Francisco, CA

This home is located at 519 Commercial Ave, South San Francisco, CA 94080 since 25 February 2018. This property was built in 1962. 519 Commercial Ave is a home located in San Mateo County with nearby schools including Spruce Elementary School, Parkway Heights Middle School, and South San Francisco High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for 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 not guaranteed.

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