120 Gardiner Avenue

South San Francisco, CA 94080

$1,550,000
Price
Beds
2,184 Sq. Ft.
$710 / Sq. Ft.
2,184
Sq. Ft.
$710
per Sq. Ft.

Description

With the high demand for rental properties in South San Francisco, this triplex presents a remarkable opportunity for investors or homeowners looking to offset their mortgage with rental income. Units #B and #C provides one car garage and private backyards. Great neighborhood, this triplex is just minutes away from parks, schools, shopping, public transportation and adjacent to the birthplace of Biotechnology. Easy access to major highways makes commuting to San Francisco convenient.With the high demand for rental properties in South San Francisco, this triplex presents a remarkable opportunity for investors or homeowners looking to offset their mortgage with rental income. Units #B and #C provides one car garage and private backyards. Great neighborhood, this triplex is just minutes away from parks, schools, shopping, public transportation and adjacent to the birthplace of Biotechnology. Easy access to major highways makes commuting to San Francisco convenient.
  1. Listed by Diana Campos-Gomez • DRE #01475953 • Brokerage DRE #01448667 • Melgar Real Estate Services • 415-706-0353
  2. Listed by Suzy V Melgar • DRE #01448667 • Brokerage DRE #01448667 • Melgar Real Estate Services

Property Details for 120 Gardiner Avenue

MLS City Name
SOUTH SAN FRANCISCO
Building Type
TRIPLEX
Garage Spaces
2
Parking Spaces
3
Cross Street
Chapman
LISTING UPDATED: 10/24/2024 12:20 AM

Property Details for 120 Gardiner Avenue

StatusActive
MLS #ML81982870
Days on Compass58
Taxes$17,410 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1935
Lot Size0.11 AC / 5,000 SF
CountySan Mateo County

Building Information for 120 Gardiner Avenue

Stories2Residences3Year Built1935Building Size-Lot Size0.11 AC / 5,000 SF

Property Information for 120 Gardiner Avenue

Features
Room Information
  • Additional Rooms: Storage
  • Kitchen: Appliances - Vary by Unit, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range, Oven Range - Gas, Refrigerator, Varies by Unit
Features
  • Amenities: Security Gate, Skylight, Walk-in Closet
  • Fireplace: No
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Laundry: None
  • Living SqFt: 2184
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Detached Garage, Off-Street Parking, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Diamond Heights / Pecks Lots
  • Roof: Composition
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 120
  • Street Name: Gardiner
  • Street Suffix: Avenue
  • Area ID: 534
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2184
  • Structure SqFt Source: Assessor
  • Age: 89
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: RM0000
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 012-095-100
  • County Name: San Mateo
  • City Name: SOUTH SAN FRANCISCO
  • City Postal ID: 73
  • Postal Code: 94080
  • Elementary School District: 941
  • High School District Text: South San Francisco Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .11
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Fenced
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $17,410
  • Building Unit Total: 3
  • Capitalization Rate: 4.66
  • Tenant Expenses: Other
  • Income Includes: Other
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $2,219
  • Expense Landscape: $0
  • Expense Maintenance: $283
  • Expense Management: $0
  • Expense Trash: $1,460
  • Expenses Other: $0
  • Expenses Utility: $4,112
  • Expenses Total: $25,484
  • Operating Expenses Include: Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 15.71
  • Income Annual Gross: $97,701
  • Income Annual Rental: $98,160
  • Income Gross Scheduled: $98,688
  • Income Other: $528
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,310
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,500
Unit 3 Information
  • Unit 3 Full Bathrooms: 2
  • Unit 3 Number of Bedrooms: 3
  • Unit 3 Rent: $3,936

Property History for 120 Gardiner Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 Gardiner Avenue

Taxable ValueLand$836,637Additions$628,035Total$1,464,672
Tax Record2024$18,189 ($1,516 / month)
Home Facts
Baths4Total Finished SqFt2,184 SqFtAbove Grade Finished SqFt2,184 SqFtStories2Lot Size5,000 SqFtStyleTriplexYear Built1935ZoningRM0000CountySAN MATEOAPN012-095-100

Schools near 120 Gardiner Avenue

This home is within South San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Martin Elementary School
PublicK to 5

Parkway Heights Middle School
Public6 to 8

South San Francisco High School
Public9 to 12

Hillside Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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120 Gardiner Avenue is a multi-family home for sale in South San Francisco, CA 94080. This property was listed for sale on October 6, 2024 by Melgar Real Estate Services, it's currently listed at $1,550,000. It has been on the market for a total of 58 days and was last sold on May 18, 2018. This listing's school district is South San Francisco Unified School District. Nearby schools include Martin Elementary School, Parkway Heights Middle School and South San Francisco High School. 120 Gardiner Avenue is a 0-bed, 0-bath, 2,184 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Melgar Real Estate Services, Diana Campos-Gomez, DRE #01475953; Melgar Real Estate Services, Suzy V Melgar, DRE #01448667

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.