$2,870,000
$2,250,000
27.6%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed San Bruno, CA 94066
4,234 SqFt
Key Details
Sold Price $2,870,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,234 sqft
Price per Sqft $677
MLS Listing ID ML81878774
Sold Date 03/10/22
HOA Y/N No
Year Built 1956
Annual Tax Amount $24,777
Lot Size 9,875 Sqft
Property Description
Cash Cow w/ 5.3%+ cap rate! Beautiful well maintained 4plex plus bonus unit, & 11 parking spots w/ 10k+/- lot in San Bruno bordering Millbrae, & going to Millbrae Schools! (buyer to verify). Property offers three (3) 2b1b, one (1) 1b1b & one (1) bonus 2b1b owners unit. All units have individual water & PG&E meters, except the 1b1b shares w/ bonus unit. Cash flow positive w/ $13k+/- monthly rent, plus more upside to increase! South-facing building w/ ample natural lights & expansive views of a quiet neighborhood, soccer field & mountains. All units are in great move-in ready condition. 11 parking spaces include 3 garages, 1 carport & 7 assigned parking, many are collecting parking rent, the larger spot can be rented for RV/trailer parking for $400+/- monthly. On-site coin-operated laundry for extra revenue. Huge lot w/ a gate for safety and entertainment, also great for potential ADU development. Walk to restaurants & shops, schools, parks & public transport. Easy access to freeways.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R
Interior
Cooling None
Fireplace No
Exterior
Garage Carport
Garage Spaces 3.0
Carport Spaces 1
Garage Description 3.0
Roof Type Tar/Gravel
Accessibility Other
Parking Type Carport
Total Parking Spaces 7
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 021113550
Financing Cash
Special Listing Condition Standard
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Bought with Sunny Chen • KW Advisors