519 Commercial AVE

SOUTH SAN FRANCISCO, CA, 94080

$4,750,000

$495 per ft²
$4,750,000
$495 per ft²
Active
Active
 - For Sale
carpenters-square
9,591 ft²
property_type
Commercial
calendar
Built 1962
519 Commercial Avenue in downtown South San Francisco presents an incredible value add opportunity for an investor. The property boasts an almost unheard of unit mix consisting of (9) 2 bedroom, 1 bath units. This investment has solid in place rents with massive upside potential through renovation. It is located in downtown South San Francisco, is blocks from Grand Ave. and sports a WalkScore of 91 (Walkers Paradise). With unprecedented growth in South San Francisco fueled by Biotech/Life Science companies this will prove to be a fantastic asset. Two units have been completely and beautifully renovated and demonstrate significant upside as these units are now currently under maximum achievable current rent levels.
MLS® ID:
ML81897328
Updated:
8/9/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
8,999 ft² lot
Roof
Composition
Sewer
Sewer - Public

Other Property Details

Area Name
532
Garage
Yes
Garage Spaces
3
Parking
Attached Garage, Covered Parking, Tandem Parking
Parking Total
7.0
View
Y
County
San Mateo
Utilities
Public Utilities
Water Source
Public
Pool
Yes
Zoning
Multi Family

 

Courtesy of Steve Zirelli, Cornish & Carey Commercial

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Data last updated 8:10 PM UTC, 8/9/22

 

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