144-150 Gardiner AveSouth San Francisco, CA 94080
- Residential income properties
- 12,475 SF
For Sale
$6,438,000
View listing
Property Details for 144-150 Gardiner Ave
- Year built
- 1926
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 12,475 SF
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
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
144-150 Gardiner Ave, South San Francisco, California
Location Insight
- City
- South San Francisco
- County
- San Mateo
- State
- California
- Latitude
- 37.6637
- Longitude
- -122.401
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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