413 Milton Avenue, San Bruno, California 94066, San Bruno, 94066 - 3 bed, 1 bath
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San Bruno, California 94066
This property presents a High-Potential Investment Opportunity with a List Price of $1,725,000—positioned well above the $1,454,860 Fair Market Value by -18%. While the current list price reflects a premium, the Multifamily Zoning and expansive 6,798 sqft lot provide significant upside for developers. With a Condition Rating of 5, the home requires a total rehab, making it a strategic Asset for those focused on long-term value-add. This is an ideal acquisition for Developers or Buy-and-Hold Investors targeting high-density redevelopment in a prime San Bruno location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 413 Milton Avenue Subject | $1,725,000* List Price | 3 | 1 | 1,390 | $1,047 | - |
A 486 Hawthorne Avenue Sold | $1,237,500 | 3 | 2 | 1,240 | $998 | 0.8 mi |
B 1621 Donner Avenue Sold | $1,830,000 | 4 | 2 | 1,500 | $1,220 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920 and marketed as a 'fixer' and 'development opportunity,' the property shows significant deterioration including wall damage in the utility area, failing interior finishes, and aged systems. The 'as-is' sale and emphasis on rebuilding confirm it needs a total rehab to be functional.
The property features desirable multifamily zoning on an expansive 6,798 sqft lot, offering significant upside for adding units, an ADU, or creating a multi-generational compound.
Situated minutes from downtown San Bruno and SFO, the location provides seamless access to major highways and public transit for easy commuting to San Francisco and Silicon Valley.
The large, level lot provides a flat terrain that significantly reduces site preparation costs and increases efficiency for future construction or expansion projects.
As a 1920s 'fixer' sold in 'as-is' condition, the property requires substantial capital investment to restore, modernize, or rebuild the existing structure.
With over 90 days on the market and a recent $225,000 price reduction, the property may face challenges regarding its perceived value relative to the required rehabilitation costs.
RARE DEVELOPMENT OPPORTUNITY! EXPANSIVE LEVEL LOT WITH MULTI-UNIT POTENTIAL! FIXER WITH ENDLESS UPSIDE! Located just minutes from vibrant downtown San Bruno, this rare property offers an outstanding opportunity for investors, developers, and savvy buyers. Featuring desirable multifamily zoning, the potential is significant - expand the existing structure, add units, develop income-producing property, or create a custom multi-generational compound. The existing home is a fixer, offering the chance to renovate, reimagine, or rebuild to maximize value. Whether you restore and expand or pursue a larger redevelopment vision, this property provides flexibility to bring your plans to life. Situated on a huge, flat lot, the level terrain makes future construction and expansion more efficient and cost-effective. There's ample space for additional units, an ADU, expanded living areas, parking, or thoughtfully designed outdoor space - a true blank canvas in a prime location. Enjoy close proximity to downtown San Bruno's shopping, dining, parks, and daily amenities, plus easy access to major highways, public transit, and San Francisco International Airport. Commuting to San Francisco or Silicon Valley is seamless from this centrally located Peninsula address. To be sold "As is".
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,390 | 1,300 |
| Lot Size | 6,798 | 5,001 |
| Price | $1.73M | $1.48M |
| Price per sq ft | $1.2K | $1.0K |
| Built year | 1920 | 1958 |
| HOA | $0 | $0 |
| Days on market | 144 | 37 |
Apr 25, 2026
$1,725,000
$1,950,000
-12% Price Drop
Initial Listing
Feb 28, 2026
$1,950,000
Initial Listing