141 Gardiner Avenue, South San Francisco, California 94080, South San Francisco, 94080 - bed, bath

141 Gardiner Avenue, South San Francisco, California 94080 home-pic-0
ACTIVE$1,688,000
141 Gardiner Avenue, South San Francisco, California 94080
0Bed
0Bath
4,575Sqft
5,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Amenities: Conveniently located less than a mile from Downtown South San Francisco's vibrant shops and restaurants, Costco Business Center, and the heart of the biotechnology industry.
Top Cons:
Age of Property: Built in 1963, the property may have older infrastructure and systems, potentially requiring significant capital expenditures for updates or deferred maintenance.

Compared to the nearby listings

Price:$1.69M vs avg $1.32M (+$363,000)67%
Size:4,575 sqft vs avg 2,729 sqft67%
Price/sqft:$369 vs avg $36950%

More Insights

Built in 1963 (62 years old).
Condition: Built in 1963, this quadruplex shows significant deferred maintenance. Both kitchens are extremely outdated with original, heavily worn cabinets, old appliances, and dated, worn flooring, indicating a need for full renovation. The exterior also exhibits signs of age and neglect, with worn paint and railings. While currently rented, the property requires substantial repairs and rehabilitation to meet modern living standards and improve comfort.
Year Built
1963
Close
-
List price
$1.69M
Original List price
$1.69M
Price/Sqft
$369
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025019
Home ConditionPoor
Features
Good View:
Deck
Patio
View-

About this home

Conveniently located near a wealth of amenities, this property is less than a mile from the vibrant shops and restaurants of Downtown South San Francisco on Grand Avenue, the Costco Business Center, and the heart of the biotechnology industry. Known as the birthplace of biotech, this area is home to over 250 companies and 12 million square feet of dedicated biotech space. For those outside the biotech field, the property also offers easy access to the 101 Freeway, ensuring a quick and seamless commute. This area in South San Francisco is experiencing significant growth, with several new multi-residential developments enhancing the neighborhood's appeal. This fully rented fourplex presents a solid investment opportunity with strong income potential and promising appreciation over time. Each of the four units features 2 bedrooms and 1 bathroom. The lower units include private back patios, while the upper units offer front-facing balconies. Adjacent to the property is Gardiner Park, complete with a playground and a small basketball court -- an ideal feature for families and tenants seeking nearby recreational spaces. Don't miss out on this rare chance to invest in one of South San Francisco's most dynamic and rapidly growing areas!

Nearby schools

5/10
Martin Elementary School
Public,K-50.5mi
/10
Hillside Elementary
Public,PK-51.3mi
5/10
Parkway Heights Middle School
Public,6-81.4mi
5/10
South San Francisco High School
Public,9-121.8mi
Condition Rating
Poor

Built in 1963, this quadruplex shows significant deferred maintenance. Both kitchens are extremely outdated with original, heavily worn cabinets, old appliances, and dated, worn flooring, indicating a need for full renovation. The exterior also exhibits signs of age and neglect, with worn paint and railings. While currently rented, the property requires substantial repairs and rehabilitation to meet modern living standards and improve comfort.
Pros & Cons

Pros

Prime Location & Amenities: Conveniently located less than a mile from Downtown South San Francisco's vibrant shops and restaurants, Costco Business Center, and the heart of the biotechnology industry.
Strong Investment Opportunity: A fully rented fourplex offering strong income potential and promising appreciation in a rapidly growing area with new multi-residential developments.
Excellent Commuter & Economic Access: Easy access to the 101 Freeway for seamless commutes and situated in the 'birthplace of biotech' with over 250 companies, driving high demand for housing.
Desirable Unit Features & Recreational Proximity: Units include private back patios (lower) or front-facing balconies (upper), and the property is adjacent to Gardiner Park with a playground and basketball court.
Access to Highly-Rated Schools: Located within close proximity to highly-rated public schools, including Martin Elementary School (rated 5) just 0.45 miles away.

Cons

Age of Property: Built in 1963, the property may have older infrastructure and systems, potentially requiring significant capital expenditures for updates or deferred maintenance.
Unspecified Interior Condition: The description lacks details on the interior condition or recent renovations of the individual units, suggesting they may be dated and require investor-funded upgrades to maximize rental value.
Limited Parking Information: The property details do not specify dedicated parking arrangements for four units, which could be a challenge for tenants in an urban setting and impact desirability.

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