231 Lux Avenue

South San Francisco, CA 94080

$1,190,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Real Estate & Business For Sale. A traditional Mexican Restaurant is at the heart of this offering [CL00C2 Zoned]-- a two story building with a residential apartment at the upper level and an established and popular eatery at the street level (there is also a basement used exclusively by the business). The apartment is currently rented and well maintained, the rest of the property, which goes from Lux Street to Tamarack Lane, is an oasis of possibilities -- the yard, with access from Tamarack Ln,...Real Estate & Business For Sale. A traditional Mexican Restaurant is at the heart of this offering [CL00C2 Zoned]-- a two story building with a residential apartment at the upper level and an established and popular eatery at the street level (there is also a basement used exclusively by the business). The apartment is currently rented and well maintained, the rest of the property, which goes from Lux Street to Tamarack Lane, is an oasis of possibilities -- the yard, with access from Tamarack Ln, has been set up for events and can seat approximately 40+ people for gatherings and small intimate happenings -- parties, etc. The business has a history of success spanning nearly 40 years and a recipe that keeps folks coming back; and this business is included in this purchase (more info for the asking). Beer and wine license is included, subject to conditions. Owner is retiring from the business and would like to see it continue, but you may use it for your own vision of the possibilities, especially in an area of South San Francisco where the bio-tech folks love to come to eat and unwind.
  1. Listed by J. Mario Preza • DRE #00668667 • Brokerage DRE #01957500 • RE/MAX Gold
  2. Listed by Raul Meza • DRE #MLSL301049 • Brokerage DRE #01258200 • Bay City Realty

Property Details for 231 Lux Avenue

Zoning
CL00C2
Cross Street
Linden
Total Parking Spaces
0

Location

Listing Courtesy of RE/MAX Gold, J. Mario Preza, DRE #00668667; Bay City Realty, Raul Meza, DRE #MLSL301049
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LISTING UPDATED: 04/07/2024 07:04 AM

Property Details for 231 Lux Avenue

StatusActive
MLS #424019520
Days on Compass28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built-
Lot Size0.11 AC / 4,665 SF
CountySan Mateo County

Location

Listing Courtesy of RE/MAX Gold, J. Mario Preza, DRE #00668667; Bay City Realty, Raul Meza, DRE #MLSL301049
Add your commute

Virtual Tour

Building Information for 231 Lux Avenue

Stories2Residences-Year Built-Lot Size0.11 AC / 4,665 SF

Payment Calculator

$7,232 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,494

Property Taxes

$738

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 231 Lux Avenue

Summary
Location and General Information
  • Area/District: So San Francisco-Ind
  • Area Short Display: 900524
  • Topography: Level
  • Location Description: So San Francisco-Ind
Taxes and HOA Information
  • APN: 012-314-020
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
Parking
  • Num of Parking Spaces: 0.0
Virtual Tour
Property
Lot Information
  • Lot Features: Landscape Back
Property and Assessments
  • Property Condition: Exterior-Good, Interior-Good, Yard Fenced, Yard Gravel, See Remarks
  • Possession: Negotiable, Subject To Tenant Right
  • Picture Count: 19
  • Photos Provided By: Agent
  • Current Use: Mixed Use, Residential, Restaurant, Retail
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Sewer Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • Construction Materials: Concrete, Frame, Glass, Stucco, Wood
  • Stories: 2
  • Levels: Basement
  • Security Features: Fire Suppression System, Smoke Detector
Interior Features
  • Heating: Gas, Varies by Unit, Wall Furnace
  • Flooring: Carpet, Combo of Materials, Linoleum, Tile, Varies by Unit, Vinyl
  • Full Bathrooms: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 0.0
Rental
Rent Information
  • Occupant Type: Owner

Property History for 231 Lux Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 231 Lux Avenue

Taxable ValueLand$153,359Additions$204,954Total$358,313
Tax Record2023$8,860 ($738 / month)
Home Facts
Lot Size4,666 SqFtStyleStoresZoningCL00C2CountySAN MATEOAPN012-314-020

Schools near 231 Lux Avenue

This home is within South San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Martin Elementary School
PublicK to 5

Parkway Heights Middle School
Public6 to 8

South San Francisco High School
Public9 to 12

Community Day
Public6 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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231 Lux Avenue is a mixed use property for sale in South San Francisco, CA 94080. This property was listed for sale on April 1, 2024 by RE/MAX Gold, it's currently listed at $1,190,000. This listing's school district is South San Francisco Unified School District. Nearby schools include Martin Elementary School, Parkway Heights Middle School and South San Francisco High School. 231 Lux Avenue is a 0-bed, 0-bath, mixed use property.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Gold, J. Mario Preza, DRE #00668667; Bay City Realty, Raul Meza, DRE #MLSL301049

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.