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528 Grand Ave 7 Unit Apartment Building $2,799,800 ($399,971/Unit) 5.22% Cap Rate South San Francisco, CA 94080
INVESTMENT HIGHLIGHTS
- Gated building with spacious renovated units
- 7 Garages for secured onsite parking
- Storage areas and laundry room
EXECUTIVE SUMMARY
• Spacious renovated units
• Gated building
• Well-maintained
• 100% Leased
• Storage areas and laundry room
• 7 Garages for secured onsite parking
• Unit Mix: (6) 1 Bedroom/1 Bathroom (1) 2 Bedroom/2 Bathroom
• Close to San Francisco International Airport (9 minute
drive), Caltrain Station (15 minute walk), and easy access to Highway 101
• Gated building
• Well-maintained
• 100% Leased
• Storage areas and laundry room
• 7 Garages for secured onsite parking
• Unit Mix: (6) 1 Bedroom/1 Bathroom (1) 2 Bedroom/2 Bathroom
• Close to San Francisco International Airport (9 minute
drive), Caltrain Station (15 minute walk), and easy access to Highway 101
PROPERTY FACTS
| Price | $2,799,800 | Building Class | C |
| Price Per Unit | $399,971 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 7,092 SF |
| Cap Rate | 5.22% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 0.99/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R30000 | ||
| Price | $2,799,800 |
| Price Per Unit | $399,971 |
| Sale Type | Investment |
| Cap Rate | 5.22% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 7,092 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1978 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | R30000 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Storage Space
- Kitchen
- Refrigerator
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+2 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 012-282-320 | Improvements Assessment | $696,998 |
| Land Assessment | $298,704 | Total Assessment | $995,702 |
PROPERTY TAXES
Parcel Number
012-282-320
Land Assessment
$298,704
Improvements Assessment
$696,998
Total Assessment
$995,702
CONTACTS
-
Garrett Swartz -
Andrew Peceimer -
Coldwell Banker Commercial DBA Westbay Commercial
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528 Grand Ave
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