324 Susie Way, South San Francisco, California 94080, South San Francisco, 94080 - 0 bed, 0 bath
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324 Susie Way
South San Francisco, California 94080
ACTIVE
CONDITION: FAIR
0Beds
0Baths
4,767Sq Ft
3,354Lot Size
Property Price
LIST PRICE$1,868,000
SUMMARY
Analysis of 324 Susie Way, South San Francisco, California 94080 is currently available with a list price of $1,868,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the South San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1968, the property is over 50 years old. While it features recent exterior capital improvements ($50k+ for roof, paint, and stucco) and new interior carpet, the lack of mention regarding kitchen or bathroom remodels and the 'upside in rental income' indicates the units likely have dated interiors and original systems.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
With over $50,000 in recent upgrades including a new roof, exterior paint, and garage doors, the property offers reduced immediate maintenance costs for a new investor.
- Desirable Unit Configuration
The four large townhouse-style units featuring 2-bedroom and 1.5-bath layouts are highly attractive to long-term tenants compared to traditional single-level apartments.
- Regulatory Compliance
The property is already SB 721 compliant, ensuring adherence to California's balcony safety inspection requirements and removing a significant regulatory hurdle for the buyer.
CONSRISKS & DEFICIENCIES
- High Lot Coverage
The 4,767 sq ft building sits on a relatively small 3,354 sq ft lot, resulting in minimal common outdoor space or private yard areas for residents.
- Initial Cash Flow Constraints
The 'tremendous upside in rental income' indicates that current rents are likely well below market value, which may challenge immediate debt coverage ratios for financing.
About 324 Susie Way
Fantastic four unit property in ideal Peninsula location. Four large townhouse style units with two bedrooms and one and a half baths each. Over $50,000 of recent upgrades including new roof, exterior paint, partial exterior stucco, interior carpet and garage doors. Easy property to manage and lease. Tremendous upside in rental income. Approximately 4,767 sq ft property on a 3,354 sq ft lot. Four garage spaces. SB 721 compliant. Great asset with easy access to Caltrain, Freeways, and SamTrans.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1968
- Lot Size
- 3,354 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,767 | - |
| Lot Size | 3,354 | - |
| Price | $1.87M | $1.36M |
| Price per sq ft | $392 | $698 |
| Built year | 1968 | 0 |
| HOA | $0 | $0 |
| Days on market | 41 | 33 |
Pricing History
Listed for Sale
Jul 30, 2026
$1,868,000
Initial Listing
Sold
Feb 21, 2024
$1,500,000
Public Record