168 Santa Clara Avenue, SAN BRUNO, CA 94066 (MLS # ML81964840)
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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.
LAST UPDATED | 5/8/2024 | YEAR BUILT | 1972 |
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COUNTY | San Mateo | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
BUYER'S BROKERAGE COMPENSATION | 2.50 |
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LOT | 8756 sq ft |
LOT DIMENSIONS | 8755.00 |
SEWER | Public Sewer |
WATER | Public |
ZONING | R30000 |
TOTAL MONTHLY PAYMENT
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Based on information from MLSListings MLS as of 5/19/24 11:06 PM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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