San Bruno, CA 94066,168 Santa Clara Avenue

$2,750,000

Est. payment /mo

$2,695,000

2.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

168 Santa Clara Avenue San Bruno, CA 94066

8,866 SqFt

SOLD DATE : 07/23/2024

Key Details

Sold Price $2,750,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 8,866 sqft

Price per Sqft $310

MLS Listing ID ML81964840

Sold Date 07/23/24

HOA Y/N No

Year Built 1972

Lot Size 8,755 Sqft

Acres 0.2

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.

Location

State CA

County San Mateo

Area Listing

Zoning R300

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 021186210

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bridge MLS
Listed by Philip Batlin • Marcus & Millichap
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.