413 Milton Avenue, San Bruno, California 94066, San Bruno, 94066 - 3 bed, 1 bath
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San Bruno, California 94066
This High-Upside Development Asset is listed at $1,950,000, reflecting a premium for its rare Multifamily Zoning relative to a $1,619,237 Fair Market Value. Currently a 1920s Fixer with a Condition Rating of 5, the property requires a total rebuild or extensive rehabilitation. The value is driven by the 6,798-square-foot level lot, offering a blank canvas for multi-unit expansion near SFO and Capuchino High School (Rated 6/10). This centrally located Peninsula property is a strategic project for Developers or Speculative Investors looking to capitalize on high regional demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 413 Milton Avenue Subject | $1,950,000* List Price | 3 | 1 | 1,390 | $1,165 | - |
A 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.
This 1920s property is explicitly marketed as a 'fixer' and requires a total gut renovation or rebuild. Actual interior images show significant deferred maintenance, including visible water damage or mold-like staining on walls, broken window treatments, and severely worn flooring. While the listing includes 'digitally altered' images to show potential, the current state of the kitchen, bathroom, and major systems appears to be at the end of their functional lifespan, requiring substantial rehabilitation to meet modern safety and comfort standards.
The property features desirable multifamily zoning on an expansive level lot, offering a rare opportunity to expand the existing structure, add multiple units, or develop a high-value income property.
Ideally situated near downtown San Bruno, SFO, and major transit corridors, this location provides seamless commuting access to both San Francisco and Silicon Valley, ensuring high demand.
The 6,798-square-foot flat terrain is a 'blank canvas' that makes future construction and expansion significantly more efficient and cost-effective compared to typical sloped Peninsula parcels.
As a 1920s 'fixer' in need of a total renovation or rebuild, the property requires substantial additional capital investment and time beyond the initial purchase price.
The current configuration of only one bathroom for a three-bedroom home is inadequate for modern standards, necessitating a complete interior reconfiguration to maximize marketability.
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.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 1,390 | 1,360 | 56% |
| Lot Size | 6,798 | 5,306 | 91% |
| Price | $1.95M | $1.45M | 91% |
| Price per sq ft | $1.4K | $1.0K | 98% |
| Built year | 1920 | 1956 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 132 | 16% |
Feb 28, 2026
$1,950,000
Initial Listing