519 Commercial AVE, South San Francisco, CA 94080

$4,400,000
9,591
SqFt
Sold Price
$4,400,000
List Price
$4,750,000

Property Description

519 Commercial Avenue in downtown South San Francisco presents an incredible value add opportunity for an investor. The property boasts an almost unheard of unit mix consisting of (9) 2 bedroom, 1 bath units. This investment has solid in place rents with massive upside potential through renovation. It is located in downtown South San Francisco, is blocks from Grand Ave. and sports a WalkScore of 91 (Walkers Paradise). With unprecedented growth in South San Francisco fueled by Biotech/Life Science companies this will prove to be a fantastic asset. Two units have been completely and beautifully renovated and demonstrate significant upside as these units are now currently under maximum achievable current rent levels.

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Calculator source: Real Geeks

Courtesy of Cornish & Carey Commercial, Steve Zirelli. Selling Office: RMXSP.

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