432 Railroad Avenue

South San Francisco, CA 94080

$2,500,000
Last Sold Price
Beds
8,726 Sq. Ft.
$287 / Sq. Ft.
8,726
Sq. Ft.
$287
per Sq. Ft.

Description

These wonderful 8 units is a great investment in the South San Francisco corridor with tons of new technology companies surrounding this location. Close to shopping centers, churches and schools, easy access to fwy 101. The units building is newer that the 2 front detached houses, built in the 1960's. One of the detached houses was remodeled about 3 years ago with potential ( both units) to increase more bedrooms and baths at the basement. Also , one of the 6 units was remodeled about 3 years ago...These wonderful 8 units is a great investment in the South San Francisco corridor with tons of new technology companies surrounding this location. Close to shopping centers, churches and schools, easy access to fwy 101. The units building is newer that the 2 front detached houses, built in the 1960's. One of the detached houses was remodeled about 3 years ago with potential ( both units) to increase more bedrooms and baths at the basement. Also , one of the 6 units was remodeled about 3 years ago . Offers subject to visual inspections. Please, do not disturb tenants.
  1. Listed by Roger Perez • DRE #00997282 • Brokerage DRE #00818204 • Better Homes and Gardens Thrive • 415-730-7821

Property Details for 432 Railroad Avenue

MLS City Name
SOUTH SAN FRANCISCO
Building Type
Other
Garage Spaces
8
Parking Spaces
0

Location

Listing Courtesy of Better Homes and Gardens Thrive, Roger Perez, DRE #00997282

Sold By Better Homes and Gardens Thrive, Roger Perez, DRE #00997282

Add your commute
LISTING UPDATED: 08/06/2021 01:18 PM

Property Details for 432 Railroad Avenue

StatusSold
MLS #ML81844018
Days on Compass15
Taxes$4,050 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1908
Lot Size0.21 AC / 9,000 SF
CountySan Mateo County

Location

Listing Courtesy of Better Homes and Gardens Thrive, Roger Perez, DRE #00997282

Sold By Better Homes and Gardens Thrive, Roger Perez, DRE #00997282

Add your commute

Building Information for 432 Railroad Avenue

Stories-Residences-Year Built1908Building Size-Lot Size0.21 AC / 9,000 SF

Payment Calculator

$13,981 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$338

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 432 Railroad Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 8726
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 8
  • Area Text: Parkway
  • Restrictions: Age - No Restrictions, Guest Restrictions, Pets - Not Allowed
  • Roof: Shingle
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 432
  • Street Name: Railroad
  • Street Suffix: Avenue
  • Area ID: 531
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 8726
  • Structure SqFt Source: Other
  • Age: 113
Development Information
  • Ownership Type: Individual
  • Zoning Detail: multi family
Location Information
  • Parcel Number: 012-323-570
  • County Name: San Mateo
  • City Name: SOUTH SAN FRANCISCO
  • City Postal ID: 73
  • Postal Code: 94080
  • Elementary School District: 941
  • High School District Text: South San Francisco Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .21
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 0
General Information
  • Annual Tax Amount: $4,050
  • Capitalization Rate: 4.75
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $16,875
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $625
  • Expenses Other: $0
  • Expenses Utility: $1,191
  • Expenses Total: $22,741
  • Operating Expenses Include: Utilities - Hot Water, Utilities - Water
  • Gross Rent Multiplier: 18.08
  • Income Annual Gross: $160,440
  • Income Annual Rental: $160,440
  • Income Gross Scheduled: $160,440
  • Income Other: $0

Property History for 432 Railroad Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 432 Railroad 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
Spruce 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.

Similar Homes

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Similar Sold Homes

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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 Better Homes and Gardens Thrive, Roger Perez, DRE #00997282

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.