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116 San Felipe Ave San Bruno, CA 94066

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Pending
$1,350,000

Two buildings on one lot with rental income potential.

Lot size:
0.16 Acres

Property Features for 116 San Felipe Ave

General Information

Property type
Investment
Standard status
Pending
Lot size
0.16 Acres

Building Details

Year built
1930

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Listing Contact
Brian Boisson
Source: Elliman

Listing Agent: Brian Boisson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Two Buildings on One Lot

This property features two buildings on a single lot. The front building is a two-story structure with nine individually rented rooms. It includes a common kitchen upstairs, two full and one quarter common baths, and a small common food preparation area on the first floor. The rear building is a free-standing cottage with a fenced yard and parking. The cottage has two bedrooms, a living room, a kitchen, two large private storage areas, and a private laundry area. The property is located near El Camino Real, with north/south bus stops nearby. It is suitable for a hands-on property manager to maximize rental income, a person who lives in the rear house and rents the front, an organization that needs individual room flexibility, or a buyer that can envision future possibilities with its large lot. The front house has nine month-to-month rented rooms.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
San Bruno
County
San Mateo
State
California
Longitude
-122.4080483
Latitude
37.6177859

FAQs

What type of property is this?
Apartment building - Two buildings on one lot with rental income potential.
Where is this apartment building located?
The property is located at 116 San Felipe Ave San Bruno, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: - Two buildings on one lot offer diverse rental income streams.; - Front building has **nine individually rented rooms, maximizing rental potential.**; - Rear cottage is a **charming, free-standing two-bedroom house with fenced yard and parking.**
More about this property
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