• 512 Keoncrest Drive South San Francisco, CA 94080

  • $1,725,000
  • 0
    Bed(s)
  • 0
    Baths
  • 3,250
    Sq Ft
  • 5088
    Sqft
  • Listed By: , DRE #70010141
  • Source: CRMLS

Unlock Investment Potential in the desirable Sierra Highlands. This 3-unit residence offers a compelling opportunity for investors seeking a stable asset with income-generation potential. Imagine the possibilities: owner-occupy a unit and potentially offset your mortgage with rental income (house hacking), or build your investment portfolio with a property poised for future returns. The building boasts a functional layout with three spacious units, totaling 7 bedrooms and 3.5 bathrooms across 3,250 square feet. Each unit enjoys access to a shared laundry area and a dedicated space in the attached garage for convenient parking. A shared backyard provides a play or gathering space for tenants. The current rent roll offers a solid foundation, with two long-term tenants occupying two units. One vacant unit presents an immediate chance to capitalize on the current market rate. This residence is nestled in the desirable Serra Highlands neighborhood of South San Francisco. Residents enjoy close proximity to Kaiser Permanente, Alta Loma Park, Buri Buri Park, and Buri Buri Elementary School. Convenient shopping is nearby with Westborough Plaza and a Costco just minutes away, while easy access to I-280 and El Camino Real ensures effortless commutes throughout the Bay Area.

Property Type :

Residential Income

County :

San Mateo

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1075544021 0 2 0 0
2 1075544021 0 2 0 0
3 1075544021 0 3 0 0

Property Details

 

Bathroom Information

Total Baths: 0

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Other

Cooling Features

None

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1960

Building Area Total: 3,250

Roof: Other

Foundation

Concrete Perimeter

Accessibility Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1168

Lot Size Source: Assessor

Lot Size Square Feet: 5088

Listing Price Information

Original List Price: 1,725,000

Listing Contract Date: 2024-05-17

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 010263170

Annual Tax: 3970

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Pending

Source Neighborhood: 699 - Not Defined

Directions: Cross Street: Newman Dr

Zoning: CL00C1

Source Property Type: Residential Income

Area: 699 - Not Defined

Property SubType: Triplex

Building and Construction

Property Age: 64

Structure Type: Triplex

Year Built Source: Assessor

Total Square Feet Living: 3250

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ByOwner last updated this listing 06/16/2024 @ 22:33

MLS: ML81966272
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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