805-807 Linden Ave & Hickory PlSouth San Francisco, CA 94080

Property Details for 805-807 Linden Ave & Hickory Pl

Year built

1979

Lot size

0.12 AC

Property size (Sq ft)

3,812 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 5-unit mixed-use apartment complex presents a compelling investment opportunity in the heart of downtown South San Francisco. Boasting 3,812 square feet on a 0.12-acre lot, this property offers a diverse unit mix including two 2-bedroom/1-bathroom units (one a freestanding building), one 1-bedroom/1-bathroom unit, one studio, and one retail unit. All units are separately metered, providing efficient utility management. Built in 1979, the property is centrally located, offering convenient access to downtown South San Francisco and downtown San Francisco (within 15 minutes). Its prime location provides easy access to major transportation arteries, including Caltrain, BART, US 101, El Camino Real (SR-82), I-380, I-280, and San Francisco International Airport (SFO). The property benefits from its proximity to numerous prominent companies, including Genentech, YouTube, Salesforce, Visa, and Oracle, further enhancing its investment potential. Below-market rents present a significant opportunity for long-term rental upside and value appreciation. The asking price is $2,250,000, representing a price per unit of $450,000 and a price per square foot of $590. The property's cap rate is 4.22%. The APN is 012-141-150. This is a rare opportunity to acquire a well-situated multifamily property with significant upside potential in a thriving market. Cross street: Aspen Ave.

Location Insight

City

South San Francisco

County

San Mateo

State

California

Latitude

37.6603

Longitude

-122.409

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