141 Gardiner Avenue

South San Francisco, CA 94080

$1,688,000
Price
Beds
4,575 Sq. Ft.
$369 / Sq. Ft.
4,575
Sq. Ft.
$369
per Sq. Ft.

Description

Conveniently located near a wealth of amenities, this property is less than a mile from the vibrant shops and restaurants of Downtown South San Francisco on Grand Avenue, the Costco Business Center, and the heart of the biotechnology industry. Known as the birthplace of biotech, this area is home to over 250 companies and 12 million square feet of dedicated biotech space. For those outside the biotech field, the property also offers easy access to the 101 Freeway, ensuring a quick and seamless commute....Conveniently located near a wealth of amenities, this property is less than a mile from the vibrant shops and restaurants of Downtown South San Francisco on Grand Avenue, the Costco Business Center, and the heart of the biotechnology industry. Known as the birthplace of biotech, this area is home to over 250 companies and 12 million square feet of dedicated biotech space. For those outside the biotech field, the property also offers easy access to the 101 Freeway, ensuring a quick and seamless commute. This area in South San Francisco is experiencing significant growth, with several new multi-residential developments enhancing the neighborhood's appeal. This fully rented fourplex presents a solid investment opportunity with strong income potential and promising appreciation over time. Each of the four units features 2 bedrooms and 1 bathroom. The lower units include private back patios, while the upper units offer front-facing balconies. Adjacent to the property is Gardiner Park, complete with a playground and a small basketball court -- an ideal feature for families and tenants seeking nearby recreational spaces. Don't miss out on this rare chance to invest in one of South San Francisco's most dynamic and rapidly growing areas!
  1. Listed by Stanley Lo • DRE #00874415 • Brokerage DRE #00874415 • Green Banker Realty • 650-373-0007

Property Details for 141 Gardiner Avenue

MLS City Name
SOUTH SAN FRANCISCO
Building Type
FOURPLEX
Garage Spaces
4
Parking Spaces
4
Cross Street
Butler Ave.
LISTING UPDATED: 12/13/2024 11:12 AM

Property Details for 141 Gardiner Avenue

StatusActive
MLS #ML81988466
Days on Compass4
Taxes$6,098 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.11 AC / 5,000 SF
CountySan Mateo County

Building Information for 141 Gardiner Avenue

Stories2Residences4Year Built1963Building Size-Lot Size0.11 AC / 5,000 SF

Property Information for 141 Gardiner Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 4575
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Radiant, Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Diamond Heights / Pecks Lots
  • Roof: Bitumen
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 141
  • Street Name: Gardiner
  • Street Suffix: Avenue
  • Area ID: 534
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4575
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Zoning Detail: RM-22 Medium Density Residential
Location Information
  • Parcel Number: 012-093-090
  • 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 and Slab, Raised
  • Horse Property: No
  • Lot Acres: .11
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $6,098
  • Building Unit Total: 4
  • Capitalization Rate: 4.26
  • Tenant Expenses: All Expenses, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $8,000
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $1,800
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $15,898
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Gross Rent Multiplier: 19.22
  • Income Annual Gross: $87,840
  • Income Annual Rental: $87,840
  • Income Gross Scheduled: $87,840
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,400
Unit 2 Information
  • Unit 2 Approx Square Footage: 1140
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,050
Unit 3 Information
  • Unit 3 Approx Square Footage: 1140
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $1,935
Unit 4 Information
  • Unit 4 Approx Square Footage: 1140
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,935
Unit Type 1
  • Unit Type1 Approx SqFt: 1140

Property History for 141 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 141 Gardiner Avenue

Taxable ValueLand$422,658Additions$422,658Total$845,316
Tax Record2024$12,197 ($1,016 / month)
Home Facts
Baths4Total Finished SqFt4,575 SqFtAbove Grade Finished SqFt4,575 SqFtStories2Lot Size5,000 SqFtStyleQuadraplexYear Built1963CountySAN MATEOAPN012-093-090

Schools near 141 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.

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141 Gardiner Avenue is a multi-family home for sale in South San Francisco, CA 94080. This property was listed for sale on December 13, 2024 by Green Banker Realty, it's currently listed at $1,688,000. It has been on the market for a total of 4 days and was last sold on June 4, 1999. 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. 141 Gardiner Avenue is a 0-bed, 0-bath, 4,575 sqft multi-family home built in 1963.

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 Green Banker Realty, Stanley Lo, DRE #00874415

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.