454 Railroad Avenue

South San Francisco, CA 94080

$2,200,000
Price
Beds
5,669 Sq. Ft.
$388 / Sq. Ft.
5,669
Sq. Ft.
$388
per Sq. Ft.

Description

Introducing the exceptional opportunity to own a prime real estate asset: A stylish 6-unit apartment building located at 454 Railroad Avenue. With its convenient location and attractive features, this property is poised to attract both astute investors and discerning residents looking for a perfect place to call home. Situated in a sought-after neighborhood, this apartment building enjoys the best of both worlds a peaceful ambiance away from the hustle and bustle, while still being in close proximity...Introducing the exceptional opportunity to own a prime real estate asset: A stylish 6-unit apartment building located at 454 Railroad Avenue. With its convenient location and attractive features, this property is poised to attract both astute investors and discerning residents looking for a perfect place to call home. Situated in a sought-after neighborhood, this apartment building enjoys the best of both worlds a peaceful ambiance away from the hustle and bustle, while still being in close proximity to essential amenities, SFO, transportation options, and recreational facilities. Its central location offers easy access to schools, shopping, restaurants, and cultural hotspots, ensuring residents enjoy the ultimate urban living experience. Impeccably designed and constructed, this building showcases a contemporary aesthetic that blends harmoniously with the surrounding neighborhood. Each of the six 1 bedroom units exudes convenance and comfort.
  1. Listed by Robin Neydavoud • DRE #01719089 • Brokerage DRE #01847176 • Realty Financial • 650-773-7936

Property Details for 454 Railroad Avenue

MLS City Name
SOUTH SAN FRANCISCO
Building Type
Other
Style
Traditional
Garage Spaces
6
Parking Spaces
10
Cross Street
Spruce

Location

Listing Courtesy of Realty Financial, Robin Neydavoud, DRE #01719089
Add your commute
LISTING UPDATED: 04/11/2024 09:20 AM

Property Details for 454 Railroad Avenue

StatusContingent
MLS #ML81952851
Days on Compass75
Taxes$10,896 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1974
Lot Size0.14 AC / 6,000 SF
CountySan Mateo County

Location

Listing Courtesy of Realty Financial, Robin Neydavoud, DRE #01719089
Add your commute

Building Information for 454 Railroad Avenue

Stories-Residences-Year Built1974Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$12,914 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,006

Property Taxes

$908

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 454 Railroad Avenue

Features
Room Information
  • Additional Rooms: Storage
  • Kitchen: Oven Range - Electric
Features
  • Amenities: Security Gate
  • Communications: Intercom
  • Energy Features: Double Pane Windows
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Laundry: Coin Operated
  • Living SqFt: 5669
  • Pool: No
  • Security Features: Secured Garage / Parking, Security Fence
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Gate / Door Opener
Property Details
Homeowners Association
  • HOA Amenities: Additional Storage, Community Security Gate
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Dual Pane Windows
  • Min Num Of Units in Complex: 6
  • Area Text: Old South SF / Rocca
  • Restrictions: None
  • Roof: Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 454
  • Street Name: Railroad
  • Street Suffix: Avenue
  • Area ID: 532
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 5669
  • Structure SqFt Source: Assessor
  • Age: 50
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: R30000
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 012-323-470
  • 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: .14
  • Lot Description: Grade - Mostly Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: None
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $10,896
  • Capitalization Rate: 5.30
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Coin Operated Equip
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,743
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $3,024
  • Expenses Other: $4,200
  • Expenses Utility: $3,912
  • Expenses Total: $24,775
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Hot Water
  • Gross Rent Multiplier: 15.57
  • Income Annual Gross: $141,300
  • Income Annual Rental: $139,800
  • Income Gross Scheduled: $141,300
  • Income Other: $1,500
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,750
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,000
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $1,750
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $2,200
Unit 5 Information
  • Unit5 Full Baths: 1

Property History for 454 Railroad 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 454 Railroad Avenue

Taxable ValueLand$209,295Additions$388,704Total$597,999
Tax Record2023$10,897 ($908 / month)
Home Facts
Baths6Total Finished SqFt5,669 SqFtAbove Grade Finished SqFt5,669 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1974ZoningR30000CountySAN MATEOAPN012-323-470

Schools near 454 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.

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Listing Courtesy of Realty Financial, Robin Neydavoud, DRE #01719089

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.