Remodeled Two-Unit
3560 Crestmoor Drive San, San Bruno, CA 94066
For Sale
$1,539,500
Permitted updates, separate living areas, fireplaces, laundry, and a two-car garage support flexible residential use.
Property Size3,340 SF
Price / SF$460.93
Days on Market143
Property Features for 3560 Crestmoor Drive San
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
common area laundry room
deck
patio
fireplace
extra storage
Central Forced Air
Central Forced Air - Gas
Dishwasher
Oven - Gas
Refrigerator
Public Utilities, Water - Public, Composition
Building Details
Year Built
Buildings
Stories
Listing Agency:
Founders Real Estate Svcs.
Listed By:
Raymond Grinsell
(415) 682-2660
Source:
Kw
Added: Jun 20
Changed: Nov 8
Last Checked: Nov 8 at 8:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Founders Real Estate Svcs.
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Investment Insights
Based on property information with market context.
Built in 1963, this duplex presents two distinct living areas with permitted remodeling and refreshed interior and exterior finishes. The upper residence measures 1,390 square feet and includes three bedrooms, two bathrooms, a breakfast nook, combined living and dining space, a primary bedroom, refinished hardwood floors, and a deck. The lower residence measures 1,055 square feet with two bedrooms, one bathroom, a living room opening to a rear patio, and access to the shared laundry room.
Each unit has a fireplace. Improvements include new Pergo flooring downstairs, central forced-air systems, gas cooking, a dishwasher, and a refrigerator. The property also includes a 792-square-foot, two-car side-by-side garage, additional storage, public water, and public utilities. Located on Crestmoor Drive in San Bruno, the duplex offers a practical two-unit configuration with established residential improvements.
Each unit has a fireplace. Improvements include new Pergo flooring downstairs, central forced-air systems, gas cooking, a dishwasher, and a refrigerator. The property also includes a 792-square-foot, two-car side-by-side garage, additional storage, public water, and public utilities. Located on Crestmoor Drive in San Bruno, the duplex offers a practical two-unit configuration with established residential improvements.
Key Highlights
- Two‑unit duplex with permitted remodeling and refreshed interior and exterior finishes
- Upper residence measures 1,390 square feet with 3 bedrooms and 2 bathrooms
- Lower residence measures 1,055 square feet with 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,060
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,941,200
$1.9M
Cap Rate 7%
$1,386,571
$1.4M
Cap Rate 9%
$1,078,444
$1.1M
Market Conditions
NOI Build-Up for 3,340 SF
Gross rent
$148.3K $44.40/SF
− Vacancy
−$9.6K −$2.89/SF
EGI
$138.7K $41.51/SF
− OpEx
−$41.6K −$12.45/SF
NOI
$97.1K $29.06/SF
Area
San Mateo County, CA
Vacancy
6.50%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,941,200
Cap Rate 7%
$1,386,571
Cap Rate 9%
$1,078,444
Alternative Uses
Best Use
Multifamily LT 5
$1.39M
$1.21M – $1.62M
NOI $97,060 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$1.30M
$1.14M – $1.52M
NOI $90,905 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,507 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
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Business Placement
Demographics for 94066, CA
44,147
Population
16,736
Households
2.6
Avg Household Size
40
Median Age
44%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
7,237
Density / Sq Mi
$135,976
Median Household Income
$66,057
Median Earnings
$2,696
Median Rent
$1,199,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in San Mateo County, CA
Properties on Market for Duplexes in San Mateo County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Permitted updates, separate living areas, fireplaces, laundry, and a two-car garage support flexible residential use.
Where is this duplex located?
The property is located at 3560 Crestmoor Drive San San Bruno, CA.
What is the asking price?
The asking price for this property is $1,539,500.
What are key features of this property?
This property features: Two‑unit duplex with permitted remodeling and refreshed interior and exterior finishes; Upper residence measures 1,390 square feet with 3 bedrooms and 2 bathrooms; Lower residence measures 1,055 square feet with 2 bedrooms and 1 bathroom
