NOT LISTED FOR SALE

772 6th Ave San Bruno, CA 94066

Belle Air Park Neighborhood

Estimated Value: $1,416,000 - $1,630,000

5 Beds
3 Baths
2,843 Sq Ft
$530/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $1,450,000 $510 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,808/month

13 Days on Market

Highlights

  • Wood Flooring
  • Washer and Dryer
  • 4-minute walk to 7th Ave and Walnut Park
  • Capuchino High School Rated A-

About This Home

As of December 2021

Value add opportunity with this investment property in San Bruno. Individual water, gas, and electric meters, and tenants pay their own trash removal leaving the landlord with only taxes, insurance, and maintenance/repairs expenses. Producing cashflow with long-term tenants from day 1 at over 4.00% cap rate. Residential financing available.

Last Agent to Sell the Property

Nathan Gustavson

Compass License #01898316 Listed on: 10/25/2021

Compass

Co-Listed By

Cameron Foster

Compass License #00972394

Last Buyer's Agent

Larry Mueller

RE/MAX Gold Redwood Shores. License #00341576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,239

Year Built

  • 1948

Lot Details

  • 3,136 Sq Ft Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,843 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $84,592

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $2,502
  • Maintenance Expense $3,600
  • Operating Expense $22,575
  • Gross Income $82,054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,239

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Zoning: R30000
  • Subclass: Triplex
  • Age: 73
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2843
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Living Sq Ft: 2843
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.0720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3136.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3136.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.44
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2502
  • Expense Maintenance: 3600
  • Expenses Total: 22575
  • Income Annual Gross: 82054.00
  • Income Annual Rental: 84592
  • Income Gross Scheduled: 84592
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Vacancy Factor
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Pashalidis Athanasios and Pashalidis Danielle
Bought by
Pashalidis Family Trust and Pashalidis
Current Estimated Value
$1,505,823

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 9, 2021
Sold by
Robertson Douglas N and Robertson Gordon D
Bought by
Pashalidis Athanasios and Pashalidis Danielle
Seller's Agent
Nathan Gustavson
Compass
Buyer's Agent
Larry Mueller
RE/MAX Gold Redwood Shores.
List Price
$1,475,000
Sold Price
$1,450,000
Premium/Discount to List
-$25,000
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%
Original Mortgage
$1,160,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2016
Sold by
Robertson Douglas N and Robertson Gordon D
Bought by
Robertson Douglas N and Robertson Gordon D

Purchase Details

Closed on
Apr 5, 2011
Sold by
Robertson Robert D
Bought by
Robertson Robert D

Purchase Details

Closed on
Jun 27, 2007
Sold by
Robertson Robert D and Robertson Roberta R
Bought by
Robertson Robert D and Robertson Roberta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Robertson Robert D and Robertson Roberta R
Bought by
Robertson Robert D and Robertson Roberta R

Purchase Details

Closed on
Jun 15, 1998
Sold by
Robertson Robert D
Bought by
Robertson Robert D and Robertson Roberta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.17%

Purchase Details

Closed on
Nov 20, 1996
Sold by
Robertson Robert D
Bought by
Robertson Robert D and Robertson Roberta R
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
Pashalidis Family Trust -- None Listed On Document
Pashalidis Athanasios $1,450,000 North American Title Co Inc
Robertson Douglas N -- None Available
Robertson Robert D -- None Available
Robertson Robert D -- Commonwealth Land Title Co
Robertson Robert D -- Commonwealth Land Title Co
Robertson Robert D -- --
Robertson Robert D -- Old Republic Title Ins Compa
Robertson Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pashalidis Athanasios $1,160,000
Previous Owner Robertson Robert D $220,000
Previous Owner Robertson Robert D $215,000
Previous Owner Robertson Robert D $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $1,450,000 -1.7% $510 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $1,475,000 -- $519 / 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 $19,239 $1,538,751 $838,354 $700,397
2023 $19,239 $1,479,000 $805,800 $673,200
2022 $16,072 $1,450,000 $790,000 $660,000
2021 $2,602 $226,829 $76,403 $150,426
2020 $2,578 $224,504 $75,620 $148,884
2019 $2,537 $220,103 $74,138 $145,965
2018 $2,414 $215,788 $72,685 $143,103
2017 $2,389 $211,558 $71,260 $140,298
2016 $2,332 $207,411 $69,863 $137,548
2015 $2,302 $204,296 $68,814 $135,482
2014 $2,269 $200,296 $67,467 $132,829
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nathan Gustavson

    Compass

    (415) 874-5000

    1 in this area

    64 Total Sales

    Nathan Gustavson
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Cameron Foster

    Compass

    (650) 548-9660

    1 in this area

    38 Total Sales

    Cameron Foster
    Section Image

  • L

    Buyer's Agent in 2021

    Larry Mueller

    RE/MAX

    Section Image
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Map

Source: MLSListings

MLS Number: ML81868067

MLSListings

APN: 020-166-140

California San Mateo County San Bruno 94066 Belle Air Park

772 6th Ave, San Bruno, CA

This home is located at 772 6th Ave, San Bruno, CA 94066 since 25 October 2021 and is currently estimated at $1,505,823, approximately $529 per square foot. This property was built in 1948. 772 6th Ave is a home located in San Mateo County with nearby schools including Belle Air Elementary School, Parkside Intermediate School, and Capuchino High School.

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