630 Grand Avenue

630 Grand Avenue

Sold

South San Francisco, CA 94080

$1,530,000 Marketing Sheet

The Gustavson Group of Compass Commercial is pleased to announce the exclusive listing of 630 Grand Avenue in South San Francisco.  This well-maintained fourplex has four on-site parking spaces, seperate meters for gas & electric, a roomy basement, and on-site laundry machines. 

South San Francisco occupies the basin and portions of the sides of a broad valley formed by the San Bruno Mountains on the north and the Coast Range on the west. Most of the valley faces adjacent San Francisco Bay, affording sweeping vistas, from higher levels and a definite sense of identification with the Bay. South San Francisco has mild winters and dry cool summers.  This city offers its citizens a city in which to live comfortably in fine residential areas; a place of recreation in parks, swimming pools, and marina; a place to work in more than 2,800 firms and businesses including many biotech companies such as Genentech which gives the city the title of “Birthplace of Biotechnology”.

South San Francisco, CA has a population of 67,587 (2018) people with a median age of 38.8 and a median household income of $85,076. The largest industries in South San Francisco, CA are Healthcare & Social Assistance (5,378), Retail trade (3,788), and Accommodation & Food Service (3,461), and Professional, Scientific, Tech (3,461). The highest paying industries are Utilities ($100,912), Professional, Scientific, Tech Services ($68,571), and Management of Companies & Enterprises ($64,387).

Cap Rate: 1.61% NOI: $24,630 Livable Sq. Ft: 2,733

Built in 1912 4 units Lot Sq. Ft: 4,900

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