Sold

519 Commercial AVE

SOUTH SAN FRANCISCO CA, 94080

$4,400,000


$458.76 per sqft

Sold

9,591 sqft

Multi-family

Built in 1962

Listed by Cornish & Carey Commercial, Steve Zirelli, Brian Henry Listing Contact: 6502243118

519 Commercial Avenue in downtown South San Francisco presents an incredible value add opportunity for an investor. The property boasts an almost unheard of unit mix consisting of (9) 2 bedroom, 1 bath units. This investment has solid in place rents with massive upside potential through renovation. It is located in downtown South San Francisco, is blocks from Grand Ave. and sports a WalkScore of 91 (Walkers Paradise). With unprecedented growth in South San Francisco fueled by Biotech/Life Science companies this will prove to be a fantastic asset. Two units have been completely and beautifully renovated and demonstrate significant upside as these units are now currently under maximum achievable current rent levels.

ML81897328

MLS ID

June 22, 2022

Listed

September 27, 2024

Updated

Map

519 Commercial AVE
SOUTH SAN FRANCISCO CA, 94080

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.21 Acres


Roof

Composition


Sewer

Public Sewer

School Information

School District

941

Other Property Details

Area Name

Old South SF / Rocca


Garage

Yes


Garage Spaces

3


Parking

Attached


Parking Total

7


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

Multi Family

Listed by Cornish & Carey Commercial, Steve Zirelli, Brian Henry
Listing Contact: 6502243118 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Aladdin Kanawati shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Aladdin Kanawati are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 3:42 PM UTC, 9/27/2024

 

 

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