168 Santa Clara Avenue
168 Santa Clara Avenue
$2,695,000
—
8,866
8,866
$304
Pending ( Do Not Show )
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...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.
- Listed by Philip Batlin • DRE #01873218 • Brokerage DRE #01240999 • Marcus & Millichap • 415-625-2189
Property Details for 168 Santa Clara Avenue
MLS City Name
SAN BRUNO
Building TypeOther
Garage Spaces0
Parking Spaces10
Location
LISTING UPDATED: 06/04/2024 10:05 AM
Property Details for 168 Santa Clara Avenue
Status | Pending ( Do Not Show ) |
---|---|
MLS # | ML81964840 |
Days on Compass | 27 |
Taxes | $29,537 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1972 |
Lot Size | 0.20 AC / 8,755 SF |
County | San Mateo County |
Location
Building Information for 168 Santa Clara Avenue
Stories-Residences-Year Built1972Building Size-Lot Size0.20 AC / 8,755 SF
Payment Calculator
$17,169 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 168 Santa Clara Avenue
Property History for 168 Santa Clara Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 168 Santa Clara Avenue
Taxable ValueLand$97,236Additions$457,896Total$555,132
Tax Record2023$6,281 ($523 / month)
Home Facts
Baths1Total Finished SqFt8,866 SqFtAbove Grade Finished SqFt8,866 SqFtStories3Lot Size8,755 SqFtStyleMulti-Family Res (5+ Units)Year Built1972ZoningR30000CountySAN MATEOAPN021-186-210
Schools near 168 Santa Clara Avenue
This home is within San Mateo Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lomita Park Elementary School PublicK to 5 | ||
Taylor Middle School Public6 to 8 | ||
Mills High School Public9 to 12 | ||
Peninsula High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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