116 San Felipe Ave

$1,499,000
Price
Beds
Baths
3,540 Sq. Ft.
$423 / Sq. Ft.
3,540
Sq. Ft.
$423
per Sq. Ft.

Description

Rarely available, two buildings on one lot cash cow. Front building has nine individually rented rooms with common kitchen & baths. Rear, free standing charming cottage has fenced yards and parking. Front house is two stories with common kitchen upstairs, nine month to month rented rooms, two full and one quarter common baths, and a small common food prep area on first floor. Rear House is charming with two bedrooms, living room, cheerful kitchen, and a two large private storage areas down and a...Rarely available, two buildings on one lot cash cow. Front building has nine individually rented rooms with common kitchen & baths. Rear, free standing charming cottage has fenced yards and parking. Front house is two stories with common kitchen upstairs, nine month to month rented rooms, two full and one quarter common baths, and a small common food prep area on first floor. Rear House is charming with two bedrooms, living room, cheerful kitchen, and a two large private storage areas down and a private laundry area. Long time family owned, it is perfect for a hands on property manager to maximize rental income; a person who lives in the rear house and rents the front; an organization that needs individual room flexibility, or a buyer that can envision future possibilities with its large lot. It is within mere feet of El Camino Real with north/south bus stops on the corners, Please do not disturb tenants. A unique, rare opportunity!

Property Details for 116 San Felipe Avenue

MLS City Name
SAN BRUNO
Building Type
OTHER
Garage Spaces
0
Parking Spaces
4
Cross Street
El Camino Real
LISTING UPDATED: 11/29/2025 02:24 PM

Property Details for 116 San Felipe Avenue

StatusActive
MLS #ML82015456
Days on Compass135
Taxes$8,335 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1930
Lot Size0.16 AC / 7,112 SF
CountySan Mateo County

Location

Listing Courtesy of Intero Real Estate Services, Brian Boisson, DRE #00591631
Add your commute

Building Information for 116 San Felipe Avenue

Stories2Residences-Year Built1930Lot Size0.16 AC / 7,112 SF

Payment Calculator

$8,102 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,407

Property Taxes

$695

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 San Felipe Avenue

Features
Room Information
  • Additional Rooms: Attic, Storage
  • Kitchen: Appliances - Vary by Unit
Features
  • Fireplace: No
  • Laundry: Hookups Only, Washer/Dryer - Some Units
  • Living SqFt: 3540
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas, Wall Furnace, Other
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Off-Site Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Lomita Park
  • Roof: Other
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Assessor
  • Street Number: 116
  • Street Name: San Felipe
  • Street Suffix: Avenue
  • Area ID: 500
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 3540
  • Structure SqFt Source: Assessor
  • Age: 95
Development Information
  • Ownership Type: Trust
  • Zoning Detail: Multi-Family Dwelling
Location Information
  • City Limits: Yes
  • Parcel Number: 021-162-130
  • County Name: San Mateo
  • City Name: SAN BRUNO
  • City Postal ID: 55
  • Postal Code: 94066
  • Elementary School District: 932
  • High School District Text: San Mateo Union High
Lot Information
  • Foundation: Other
  • Horse Property: No
  • Lot Acres: .16
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 7
General Information
  • Annual Tax Amount: $8,335
  • Capitalization Rate: 5.24
  • Tenant Expenses: None
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,344
  • Expense Landscape: $540
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $1,800
  • Expenses Other: $900
  • Expenses Utility: $4,600
  • Expenses Total: $17,519
  • Operating Expenses Include: Services - Gardener, Utilities, Utilities - Water
  • Gross Rent Multiplier: 15.61
  • Income Annual Gross: $96,000
  • Income Annual Rental: $96,000
  • Income Gross Scheduled: $96,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 9
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,000

Property History for 116 San Felipe Avenue

DateEvent & SourcePriceAppreciation
Aug 11, 2025

Listed (Active)

MLSListings #ML82015456

$1,499,000
Aug 11, 2025

Listed (Active)

EBRD #ML82015456

$1,499,000
Jun 23, 2005

Sold (Public Record)

Public Record #160677245

$295,000
DateEvent & SourcePrice
08/11/2025

Listed (Active)

MLSListings #ML82015456

$1,499,000
08/11/2025

Listed (Active)

EBRD #ML82015456

$1,499,000
06/23/2005

Sold (Public Record)

Public Record #160677245

$295,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 San Felipe Avenue

Taxable ValueLand$442,287Additions$107,506Total$549,793
Tax Record2024$8,335 ($695 / month)
Home Facts
Baths3Total Finished SqFt3,540 SqFtAbove Grade Finished SqFt3,540 SqFtStories2Lot Size7,112 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930CountySAN MATEOAPN021-162-130Fireplace TypeHas Fireplace

Schools near 116 San Felipe 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.

Similar Homes

Similar Sold Homes

116 San Felipe Avenue is for sale in San Bruno, CA 94066. This property was listed for sale on August 11, 2025 by Intero Real Estate Services, it's currently listed at $1,499,000. It has been on the market for a total of 135 days and was last sold on June 23, 2005. This listing's school districts are San Mateo Union High School District, Millbrae Elementary School District. Nearby schools include Lomita Park Elementary School, Taylor Middle School and Mills High School. 116 San Felipe Avenue is a 0-bed, 0-bath, 3,540 sqft built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Intero Real Estate Services, Brian Boisson, DRE #00591631

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.