Exceptional investment opportunity In South San Francisco. 85-87 Chestnut Ave consists of two 2 bedroom, 1 bath units on an oversized 7,228sf (per assessor) parcel. Potential to add another ADU (buyer to verify with City). Extensive capital improvements and site work have been performed. Gas, Electric, and water are separately metered and paid by the tenants (trash as well) One unit is currently vacant allowing for immediate occupancy by an owner user, or the ability to re-rent at market rate. Ideal location that is walkable to both Downtown South San Francisco and Bart. Truly a turnkey investment opportunity.
Exceptional investment opportunity In South San Francisco. 85-87 Chestnut Ave consists of two 2 bedroom, 1 bath units on an oversized 7,228sf (per assessor) parcel. Potential to add another ADU (buyer to verify with City). Extensive capital improvements and site work have been performed. Gas, Electric, and water are separately metered and paid by the tenants (trash as well) One unit is currently vacant allowing for immediate occupancy by an owner user, or the ability to re-rent at market rate. Ideal location that is walkable to both Downtown South San Francisco and Bart. Truly a turnkey investment opportunity.
The SRO hotel in South San Francisco is a 29-room establishment located strategically near the downtown area, offering convenience to guests seeking local attractions and transportation. Its prime location ensures consistent occupancy rates and revenue streams, appealing to both business and leisure travelers. With the city's growing tourism industry and well-maintained facilities, investing in this hotel promises financial rewards and participation in a thriving hospitality market. Positioned just a block away from the bustling downtown of South San Francisco, the SRO hotel presents an attractive investment opportunity. Its 29 rooms benefit from high foot traffic and accessibility to local attractions, ensuring a steady flow of guests throughout the year. Renowned for its affordability and comfort, the hotel appeals to both business and leisure travelers, offering investors a stable income source. Moreover, with South San Francisco's flourishing tourism sector and meticulously maintained facilities, investing in this property guarantees not only financial gains but also involvement in a vibrant hospitality market.
Three fully tenant-occupied residential apartment units on First Lane. PLUS a tenant-occupied single family bungalow on the parcel with a 633 Commercial Avenue frontage address. Each of the respective rentals are 4 total Rooms plus 1 Bathroom. There are 4 garage spaces associated with the First Lane building. The Commercial Avenue bungalow has 2 tandem carport parking.
South San Francisco is located in California. South San Francisco, California has a population of 67,120. South San Francisco is less family-centric than the surrounding county with 32.03% of the households containing married families with children. The county average for households married with children is 36.67%.
The median household income in South San Francisco, California is $92,074. The median household income for the surrounding county is $105,667 compared to the national median of $57,652. The median age of people living in South San Francisco is 39.1 years.
The average high temperature in July is 72 degrees, with an average low temperature in January of 44.2 degrees. The average rainfall is approximately 23.5 inches per year, with 0 inches of snow per year.