Property Details
About this Property
Great Starter Opportunity! Live upstairs (fully-renovated 3 BR/2 BA) and easily lease/self-manage the 2 downstairs units w/ high-quality tenants. Build equity today while living in comfort, with proven rental income from 2 Very-Easy-To-Manage Units. Put 35% Down, Finance 65% at 5.75% (Multi-Family Financing). Monthly Payment: $6,440.89. Collect $2,170 (1 BR) + $3,045 (2 BR) from 2 Ground Floor Units ($5,215/Month) While Living in a Renovated, Sun-Drenched 3 BR/2 BA House. Deduct $5,215 (Rent Collected) from Mortgage ($6,440.89). Net Monthly Payment (to Live in the Upstairs 3 BR/2 BA): $1,225.89/Month. Day 1 CAP Rate: 5.03% / Pro-Forma CAP: 5.61%. All 3 Units (House & 2 Ground Floor Units) Completely Renovated by Licensed Contractors in 2018 and 2019. New Electrical, New Copper Plumbing, New Furnaces, New Kitchens, New Baths, New Tuff-Sheds in Backyard for Extra Storage. (1-Storage Per Unit). All 3 Units Consistently Rented for: $4,695+ (3 BR), $2,200+ (1 BR) and $3,200+ (2 BR) with Driveway Parking for each unit. Tenants Pay All Utilities (Water, Garbage, PG & E) Easy Access to Genentech and the Epicenter of Biotech/Life-Sciences Companies, as well as Kaiser, SF Airport, and other Silicon Valley Companies. 10-15 Minutes from Downtown San Francisco w/ Easy Access to 101 and 280.
MLS Listing Information
MLS #
ML82039970
MLS Source
MLSListings, Inc.
Days on Site
7
Interior Features
Kitchen
Countertop - Granite, Island, Pantry Cabinet
Appliances
Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven Range, Oven Range - Gas, Refrigerator, Wine Refrigerator, Washer/Dryer
Flooring
Other
Cooling
Whole House Fan
Heating
Central Forced Air - Gas, Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Garage: 0 Car(s)
Elementary District
South San Francisco Unified
High School District
South San Francisco Unified
Sewer
Public Sewer
Water
Public
Zoning
R10006
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,300 | 3 | 2/0 | $4,695 |
| 2 | 525 | 1 | 1/0 | $2,170 |
| 3 | 775 | 2 | 1/0 | $3,045 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
601 Walnut Ave is a Triplex in South San Francisco, CA 94080. This 2,600 square foot property sits on a 5,030 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,698,000 and was built in 1924. This address can also be written as 601 Walnut Ave, South San Francisco, CA 94080.
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This listing information is up-to-date as of March 27, 2026. For the most current information, please contact Don Sung, (650) 380-5188
