Pending

512 Keoncrest Drive

South San Francisco CA, 94080

$1,725,000


$530.77 per sqft

Pending

3,250 sqft

Multi-family

Built in 1960

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.

ML81966272

MLS ID

May 17, 2024

Listed

June 4, 2024

Updated

Map

512 Keoncrest Drive
South San Francisco CA, 94080

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

No Air Conditioning


Heating

Yes


Heating Description

Forced Air, Wall Furnace

Exterior/Building Features

Lot Size

0.12 Acres


Roof

Other


Sewer

Public Sewer

School Information

School District

South San Francisco Unified

Other Property Details

Area Name

South San Francisco


Garage

No


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

CL00


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

6/4/2024

Pending

Listed by Caroline K. Huo Group with KW Advisors
Listing Contact: 650-627-3769 

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