Listed By:
Ray Rodriguez with Compass - 626-779-9360
Address
840 Linden AVE, South San Francisco, CA
Price
$ 4,850,000
Property Attributes
  • MLS#ML81953195
  • TypeMulti-Family
  • CountySAN MATEO
  • CitySouth San Francisco
  • AreaOld South SF - Rocca
  • Zip94080
  • Style
  • Price$ 4,850,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16175
  • Lot Size7,562 SqFt
Data Source:
MLSListings Inc.
Property Description

Brand New (2019) Six Unit Building Consists of (4) 2 Bedroom 2.5 Baths (1) Penthouse 4 Bedroom and 3.5 Bathroom, and (1) additional studio with full bath, which is currently rented out and used as an office for the owner. All Units have washer & dryer as well as balconies for every single bedroom and living room and an additional large wrap-around balcony on the 2nd floor. The units also have electric fireplaces and electric tankless water heaters. There is an Elevator in the Entrance Lobby. The property also consists of 10 grade-level secured parking spaces with additional storage in the garage for each unit Parking Spaces. Current operations of the property consist of Airbnb rentals for each unit. South San Francisco currently does not require licenses for short-term rentals however this is something that will be implemented and ownership is already in the process of applying for permits. The building could also be rented to long-term market-rate renters (the financials here reflect market rents) or even converted to condos and sold individually. Lastly because of its proximity to Oyster Point and the Bio Tech hub of the Bay Area there could be a great opportunity to implement corporate rentals and/or furnished living. This is a pride of ownership generational asset.

Price History
2/2/2024 Listed $5,499,000
2/12/2024 5% - $5,250,000
3/14/2024 3% - $5,100,000
3/26/2024 3% - $4,995,000
4/10/2024 3% - $4,850,000

General Features

Heating Forced Air
Cooling Ceiling Fan,Central AC
Utilities Individual Electric Meters
Roof Rolled Composition
Water Private / Mutual
Number of Garage Spaces 10
# of Buildings 1
Security Features Secured Garage / Parking
Restrictions None
Year Built 2018
Age 6
Property SubType Five or More Units
Amenities Misc. Walk-in Closet,Other
Accessibility Elevator / Lift
County San Mateo
Property Type Commercial Multi-Residential (5+ units)
Special Listing Conditions Not Applicable
Status Active
City SOUTH SAN FRANCISCO
MLS Area Old South SF / Rocca
Listing Agent State License 01999734
Co-Listing Agent State License # 01962093
Co-Listing Agent Last Name Tony
Co-Listing Agent Last Name Zizzo

Interior Features

Unit 1 Rent 5400
Unit 2 Approx Square Footage 1450
Unit 3 Approx Square Footage 700
Living SqFt 16175
Unit 2 Number of Bedrooms 2
Laundry Features Washer / Dryer

Exterior Features

Parking Features Private / Exclusive
Lot Size Area 7560.00
Maximum Lot Size 7560.00
Sewer/Septic Sewer - Private
Meters Master Water,Separate Common Area,Separate Electric
Foundation Details Reinforced Concrete
Building Area Total 16175
Lot Acres 0.1736
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94080

Price
AVG $5.6M
$4.85M
Visits
AVG 64
144
Data Provided by Inside Real Estate®
Year Built
AVG 1973
2018

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