South San Francisco, CA 94080,512 Keoncrest Drive

$1,650,000

Est. payment /mo

$1,725,000

4.3%
Est.Price: ?

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512 Keoncrest Drive South San Francisco, CA 94080

7 Beds

3,250 SqFt

SOLD DATE : 06/28/2024

Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,250 sqft

Price per Sqft $507

MLS Listing ID ML81966272

Sold Date 06/28/24

Bedrooms 7

HOA Y/N No

Year Built 1960

Lot Size 5,088 Sqft

Acres 0.12

Property Description

Unlock Investment Potential in the desirable Sierra Highlands. This 3-unit residence offers a compelling opportunity for investors seeking a stable asset with income-generation potential. Imagine the possibilities: owner-occupy a unit and potentially offset your mortgage with rental income (house hacking), or build your investment portfolio with a property poised for future returns. The building boasts a functional layout with three spacious units, totaling 7 bedrooms and 3.5 bathrooms across 3,250 square feet. Each unit enjoys access to a shared laundry area and a dedicated space in the attached garage for convenient parking. A shared backyard provides a play or gathering space for tenants. The current rent roll offers a solid foundation, with two long-term tenants occupying two units. One vacant unit presents an immediate chance to capitalize on the current market rate. This residence is nestled in the desirable Serra Highlands neighborhood of South San Francisco. Residents enjoy close proximity to Kaiser Permanente, Alta Loma Park, Buri Buri Park, and Buri Buri Elementary School. Convenient shopping is nearby with Westborough Plaza and a Costco just minutes away, while easy access to I-280 and El Camino Real ensures effortless commutes throughout the Bay Area.

Location

State CA

County San Mateo

Area Listing

Zoning CL00

Interior

Heating Forced Air, Wall Furnace

Cooling No Air Conditioning

Fireplace No

Building

New Construction No

Schools

School District South San Francisco Unified

Others

Tax ID 010263170

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Bridge MLS
Listed by KW Advisors
Bought with JaimeGonzalez
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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