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216 San Luis Avenue, San Bruno, CA 94066

$2,295,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 8 Car Garage
216 San Luis Avenue, San Bruno, CA 94066 View this property at 216 San Luis Avenue, San Bruno, CA 94066
216 San Luis Avenue San Bruno CA 94066

Property Description

Excellent investment opportunity. This 7 unit apartment building is centrally located between Millbrae Avenue and San Bruno Avenue. Millbrae and San Bruno Bart stations are located within approximately 2 miles. Caltrains station is about 1 mile away. The property consists of six 2 bedroom 1 bath units of approximately 720 sq. ft. and one 3 bedroom 2 bath unit of approximately 1320 sq. ft. The 3 bedroom unit has forced air heating and a small backyard. There are 8 carports, storage room and laundry room. Rents are low and all units are on month to month rental agreements. This property has great upside potential by remodeling the units and increasing the rents.

Full Property Details for 216 San Luis Avenue

  • Price: $2,295,000
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: 453641
  • Updated: 1/22/2017
  • Added: 195 day(s) ago

Property History

  • 216 San Luis Avenue, San Bruno, CA
  • Listed at $2,295,000 on 1/13/17

Interior

  • Interior Features: Storage Area(s)
  • Appliances: Washer, Dryer
  • Flooring: Wall to Wall Carpet, Linoleum, Vinyl

Rooms

Other Rooms

  • Laundry: In Common Area, Coin Operated, Appliances-Leased

Exterior

  • Exterior Features: Stucco

Parking

  • Garage Spaces: 8
  • Parking: Carport

Location

  • Area: SAN BRUNO
  • County: San Mateo
  • Cross Streets: San Anselmo Ave

Heating & Cooling

  • Heating Type: Gas, Wall Furnaces

Structural Information

  • Basement Desc.: None
  • Foundation: Concrete Slab
  • Roof: Composition, Tar and Gravel, Bitumen
  • Stories/Levels: 2
  • Stories Description: Apartments, 2 Stories
  • Square Feet: 8,565
  • Year Built: 1965

Unit Information

  • 2 Bedroom Units: 6

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,760

Financial Considerations

  • Price Per Sq. Ft.: $267.95
  • Price Per Acre: $14,787,371.13
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • Legal Disclosures: Disclosure Pkg Avail

Listed by Alain Pinel, REALTORS®, Michelle Englert

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Estimate the Cost

216 San Luis Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

216 San Luis Avenue, San Bruno, CA 94066 (MLS# 453641) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 216 San Luis Avenue is currently listed for $2,295,000 and was received on January 13, 2017. Want to learn more about 216 San Luis Avenue? Do you have questions about finding other Multi-Family real estate for sale in San Bruno? You can browse all San Bruno real estate or contact a Coldwell Banker agent to request more information.

Listed by Alain Pinel, REALTORS®, Michelle Englert