Investment opportunity in booming South San Francisco! The subject property is located on a 50 X 140 foot lot fronting on both Baden Avenue and Second Lane. Consisting of 4 total units in 3 separate buildings. 429 Baden is a duplex, upstairs is a large, VACANT 2 bd/1 bath with a laundry room, downstairs is a garage and a 1 bd/1 bath garden apartment. 431 Baden upstairs is a 2 bd/1 bath with a laundry room and the entire downstairs is garage / storage. 430 Second Lane upstairs is a 2 bd/1 bath and the entire downstairs is garage/storage with laundry hookups. The 3 occupied units have long term tenants on month to month leases currently paying below market rents. Huge upside in rents. Subject property is in the heart of Biotech industry and close to many new large developments. Easy walk to the revitalized downtown South San Francisco and Caltrain. Minutes to SFO. Tenants pay all utilities. Possible lot split? Expansion potential?
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Data last updated: Oct 14, 2019 4:07pm
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