396 Susie Way

South San Francisco, CA 94080

$1,950,000
Price
Beds
4,767 Sq. Ft.
$409 / Sq. Ft.
4,767
Sq. Ft.
$409
per Sq. Ft.

Description

Tucked away at the end of a quiet cul-de-sac in the Sunshine Gardens neighborhood of South San Francisco, this charming fourplex offers an excellent opportunity for investors. Each unit is thoughtfully designed with an open floor plan on the main level, featuring a living room, dining area, kitchen, and a convenient powder room. Upstairs, you'll find two spacious bedrooms and a full bathroom, providing comfortable living spaces. Each unit also includes a private one-car garage, and the property offers...Tucked away at the end of a quiet cul-de-sac in the Sunshine Gardens neighborhood of South San Francisco, this charming fourplex offers an excellent opportunity for investors. Each unit is thoughtfully designed with an open floor plan on the main level, featuring a living room, dining area, kitchen, and a convenient powder room. Upstairs, you'll find two spacious bedrooms and a full bathroom, providing comfortable living spaces. Each unit also includes a private one-car garage, and the property offers access to a shared laundry room equipped with coin-operated machines. Outside, the complex features ample parking and a serene outdoor area with a long walkway and a sprawling lawn that connects the properties along Susie Way. Conveniently located, the property is within a 3-mile radius of major freeways, including 101, 380, and 280, providing easy access to the surrounding areas. Nearby amenities include Costco, Target, the Tanforan Mall, Downtown South San Francisco, and a variety of restaurants, shops, schools, and recreational areas. If youre in the market for an income-generating property in a desirable location, 396 Susie Way in South San Francisco is a perfect choice.
  1. Listed by Stanley Lo • DRE #00874415 • Brokerage DRE #00874415 • Green Banker Realty • 650-373-0007

Property Details for 396 Susie Way

MLS City Name
SOUTH SAN FRANCISCO
Building Type
FOURPLEX
Garage Spaces
4
Parking Spaces
35
Cross Street
Brusco Way
LISTING UPDATED: 01/13/2025 10:28 AM

Property Details for 396 Susie Way

StatusActive
MLS #ML81990211
Days on Compass2
Taxes$8,461 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1971
Lot Size0.08 AC / 3,504 SF
CountySan Mateo County

Building Information for 396 Susie Way

Stories-Residences4Year Built1971Building Size-Lot Size0.08 AC / 3,504 SF

Property Information for 396 Susie Way

Features
Room Information
  • Kitchen: Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Laundry: Coin Operated
  • Living SqFt: 4767
  • Pool: No
  • Security Features: Fire Alarm
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Electric, Wall Furnace
  • Meters: Master Water, Separate Electric
  • 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: Sunshine Gardens
  • Roof: Bitumen
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 396
  • Street Name: Susie
  • Street Suffix: Way
  • Area ID: 530
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 4767
  • Structure SqFt Source: Assessor
  • Age: 54
Development Information
  • Ownership Type: Individual
  • Zoning Detail: RH-37.5
Location Information
  • Parcel Number: 011-270-220
  • 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
  • Horse Property: No
  • Lot Acres: .08
  • 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: $8,461
  • Building Unit Total: 4
  • Capitalization Rate: 5.46
  • Tenant Expenses: Utilities - Electric
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,440
  • Expense Landscape: $0
  • Expense Maintenance: $1,200
  • Expense Management: $0
  • Expense Trash: $1,848
  • Expenses Other: $500
  • Expenses Utility: $5,429
  • Expenses Total: $19,878
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 15.42
  • Income Annual Gross: $126,420
  • Income Annual Rental: $126,420
  • Income Gross Scheduled: $126,420
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,800
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,375
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,460
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,900

Property History for 396 Susie Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 396 Susie Way

Taxable ValueLand$150,508Additions$351,220Total$501,728
Tax Record2024$8,461 ($705 / month)
Home Facts
Baths6Total Finished SqFt4,767 SqFtAbove Grade Finished SqFt4,767 SqFtStories2Lot Size3,504 SqFtStyleQuadraplexYear Built1971CountySAN MATEOAPN011-270-220

Schools near 396 Susie Way

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
Sunshine Gardens Elementary School
PublicK to 5

Parkway Heights Middle School
Public6 to 8

El Camino 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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396 Susie Way is a multi-family home for sale in South San Francisco, CA 94080. This property was listed for sale on January 13, 2025 by Green Banker Realty, it's currently listed at $1,950,000. This listing's school district is South San Francisco Unified School District. Nearby schools include Sunshine Gardens Elementary School, Parkway Heights Middle School and El Camino High School. 396 Susie Way is a 0-bed, 0-bath, 4,767 sqft multi-family home built in 1971.

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.