168 Santa Clara AVE, San Bruno, CA 94066
- $2,750,000
- 8,866
- SqFt
Listed by Philip Batlin, 415-625-2189 from Marcus & Millichap
(If provided) CoList: from
Sold listing courtesy of Zaheer Siddiqui from SEJS01
- Sold Price
- $2,750,000
- List Price
- $2,695,000
- Closing Date
- Jul 23, 2024
- MLS#
- ML81964840
- Status
- SOLD
- Sqft. of Residence
- 8,866
- Lot Size
- 8,755
- Listing Area
- Lomita Park
- Year Built
- 1972
Property Description
INVESTMENT OVERVIEW Marcus & Millichap is pleased to present the opportunity to acquire 168 Santa Clara Ave, a 8-unit multifamily property located in the heart of San Bruno. The property presents a rare opportunity for an investor to enter the Peninsula market with a strong cash flow day one. 168 Santa Clar Ave was constructed in 1972 and consists of two wood frame, three story structures that are clad with stucco and T1-11 siding. The unit mix has (8) 1-bedroom/1 bathroom loft apartments that are about 800 sq ft each. The property consists of two buildings sitting on a 0.20 acre (or 8,755 sq ft) lot. The subject property also contains three non-conforming units that a savvy investor can turn into livable space, buyer to perform their own investigation into the legalization process. Two of the non-conforming spaces are located at the rear of each building with natural light and a designated bathroom, each space is approximately 600 sq ft. The subject property has 8 tuck-under parking stalls and 2 additional covered spaces providing on-site parking for 10 vehicles. The subject property has a shared common laundry room that provides additional income.
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Additional Information
- Acres
- 0.20
- Age
- 52
- Cooling System
- None
- Days On Market
- Unknown
- Floor Covering
- Carpet, Vinyl / Linoleum
- Foundation
- Wood Frame
- Garage Parking
- Carport
- Heating System
- Wall Furnace
- Living Area
- 8,866
- Lot Size
- 8,755
- Neighborhood
- Lomita Park
- Other Utilities
- Public Utilities
- Roof
- Shingle
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- R30000
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