Property Description
INVESTMENT OVERVIEW Marcus & Millichap is pleased to present the opportunity to acquire 168 Santa Clara Ave, a 8-unit multifamily property located in the heart of San Bruno. The property presents a rare opportunity for an investor to enter the Peninsula market with a strong cash flow day one. 168 Santa Clar Ave was constructed in 1972 and consists of two wood frame, three story structures that are clad with stucco and T1-11 siding. The unit mix has (8) 1-bedroom/1 bathroom loft apartments that are about 800 sq ft each. The property consists of two buildings sitting on a 0.20 acre (or 8,755 sq ft) lot. The subject property also contains three non-conforming units that a savvy investor can turn into livable space, buyer to perform their own investigation into the legalization process. Two of the non-conforming spaces are located at the rear of each building with natural light and a designated bathroom, each space is approximately 600 sq ft. The subject property has 8 tuck-under parking stalls and 2 additional covered spaces providing on-site parking for 10 vehicles. The subject property has a shared common laundry room that provides additional income.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$42,180
TurboHome Estimated Value
$2,753,500
$311 sqft
High Valuation
$2,891,175
$326/sqft
Normal Valuation
$2,753,500
$311/sqft
Low Valuation
$2,615,825
$295/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $311/sqft | $2,753,500 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$2.69M
$2.75M
168 Santa Clara Ave, San Bruno, CA 94066
List Price: $2,695,000
Subject Property
168 Santa Clara Ave, San Bruno, CA 94066
Sale Price: $2,750,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT168 Santa Clara Ave, San Bruno, CA 94066
List: $2,695,000
Listed: 5/8/2024
Area:8,866 sqft
Price/sqft:$304
Beds:10
Baths:—
Year Built:—
Lot Size:8,763
Comparable Properties
COMPARABLEChoose comps
168 Santa Clara Ave, San Bruno, CA 94066
Sale: $2,750,000
7/23/2024 • 0.00 mi
Area:8,866 sqft
Price/sqft:$310
Beds:10
Baths:—
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
168 Santa Clara Ave, San Bruno, CA 94066 | $2,695,000 | 8,866 | $304 | 8,763 | — | 5/8/2024 | 10 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
168 Santa Clara Ave, San Bruno, CA 94066 | $2,750,000 | 8,866 | $310 | 8,763 | 0.00 mi | 7/23/2024 | 10 | — | — | 100.0% |
Nearby Listings
1 similar properties within 5 miles
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