144-150 Gardiner AveSouth San Francisco, CA 94080

Property Details for 144-150 Gardiner Ave

Year built

1926

Lot size

0.29 AC

Property size (Sq ft)

12,475 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity encompasses three contiguous parcels in South San Francisco, CA (94080), totaling 12,475 square feet on a 0.289-acre lot. The core of the offering is a well-maintained, 21-unit apartment building at 144-150 Gardiner Ave, featuring a desirable unit mix and a history of low vacancy rates and strong tenancy. The property also includes two single-family homes, located at 144 Gardiner Ave and 22 Butler Road, which will be delivered vacant at the close of escrow. Built in 1926, this three-story building presents a compelling value proposition. The current Net Operating Income (NOI) is $143,819.84, yielding a 2.31% cap rate

Location Insight

City

South San Francisco

County

San Mateo

State

California

Latitude

37.6637

Longitude

-122.401

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