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$2,750,000
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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.
Full Property Details
Full Property Details for 168 Santa Clara Ave
General
- Sold For: $2,750,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML81964840
- Added to Site: 251 day(s) ago
Interior
- Flooring: Carpet, Vinyl / Linoleum
Additional Information
- Security/Safety: None
Parking
- Parking Features: Carport
Location
- Area: Lomita Park
- County: San Mateo
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Wood Frame
- Roof: Shingle
- Disability Access: None
- Square Feet: 8,866
- Year Built: 1972
Unit Information
Unit 1
- Square Feet: 800
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.201
- Minimum Lot Size: 8755
- Building Sites: 2
- Zoning: R30000
Disclosures and Reports
- Restrictions: None
Listed by Marcus & Millichap, Philip Batlin
Sold by Sejs01, Zaheer Siddiqui
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Schools
Schools serving 168 Santa Clara Ave
School Districts:Millbrae Elementary School District, San Mateo Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
200 Santa Helena Ave, San Bruno, CA 94066 | K-5 | 0.2 mi | |
850 Taylor Blvd, Millbrae, CA 94030 | 6-8 | 1.1 mi | |
400 Murchison Dr, Millbrae, CA 94030 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 168 Santa Clara Ave
Date
Details
Price
Change
Source
7/23/2024
Sold
$2,750,000
2.04%
MLS
5/08/2024
Listed
$2,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
168 Santa Clara Ave, San Bruno, CA 94066 (MLS# ML81964840) is a Commercial Residential Facility property that was sold at $2,750,000 on July 23, 2024. Want to learn more about 168 Santa Clara Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Lomita Park? You can browse all Lomita Park real estate or contact a Coldwell Banker agent to request more information.