San Bruno, CA 94066,168 Santa Clara AVE
San Bruno, CA 94066,168 Santa Clara AVE
San Bruno, CA 94066,168 Santa Clara AVE
8
$2,750,000
$2,695,000
2.0%
Est.Price: ?

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8,755 Sqft Lot

168 Santa Clara AVE San Bruno, CA 94066

Est. payment /mo
SOLD DATE : 07/23/2024

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Key Details

Sold Price $2,750,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81964840

Year Built 1972

Annual Tax Amount $29,537

Lot Size 8,755 Sqft

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 699 - Not Defined

Zoning R30000

Interior

Heating Wall Furnace

Cooling None

Exterior

Roof Type Shingle

Building

Water Public

Schools

School District Other

Others

Special Listing Condition Standard

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CRMLS – RECore
Listed by Philip Batlin Marcus & Millichap
Bought with Zaheer Siddiqui

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Stacy Braglia

Stacy Braglia

REALTOR® | License ID: 01303104

+1(951) 295-5477

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