157 Santa Inez Ave
- -Core Upper Peninsula Investment Opportunity – Investors have the opportunity to acquire a well-positioned multifamily asset in San Bruno, California, within the highly sought-after Upper Peninsula market.
- Desirable Unit Mix - 157 Santa Inez Ave offers tenants 100% beautifully designed two-bedroom floor plans.
- Convenient Property Amenities - The subject property offers tenants convenient property amenities including tuck-under private parking and an on-site laundry facility.
- Strategic San Bruno Location - The subject property is strategically positioned within walking to San Mateo Ave and is located within close proximity to the Shops at Tanforan & Millbrae's Broadway corridor, all home to a myriad of shopping, dining and entertainment options.
- Family-Friendly Neighborhood - 157 Santa Inez Ave is located within a wellestablished residential pocket of San Bruno, walking distance from Capuchino High School, this family-friendly neighborhood is characterized by its quiet streets, low traffic volumes, local shops and convenient services.
Property Description
157 Santa Inez Ave presents investors with the rare opportunity to acquire a premier multifamily asset, located in the thriving city of San Bruno, California. Situated on a 6,226 square foot parcel of land, the subject property was originally constructed in 1968 and features a gross building area of approximately 8,310 square feet, offering its tenants 100% beautifully designed two-bedroom floor plans. Additionally, tenants enjoy private covered carports and an on-site laundry facility. The City of San Bruno is located between South San Francisco and Millbrae, adjacent to San Francisco International Airport. Downtown San Francisco sits just 13.5 miles to the north and the San Mateo Ave Corridor is walking distance (0.7mi) from the subject property. 157 Santa Inez Ave is ideally located just approximately two miles from YouTube’s current headquarters, with its proposed 2.3 million square foot expansion expected to generate approximately 10,000 new jobs over the next 20 years. 157 Santa Inez Ave is located just 1.8 miles away from The Shops at Tanforan, the regional mall of San Bruno, encompassing 44 acres and offering a myriad of dining, shopping, and entertainment options. Anchored by Target, the mall features renown businesses including Century Theater, BJ’s Restaurant & Brewhouse, Barnes & Noble Booksellers, Old Navy, Sephora as well as many others. The investment appeal of this asset is driven by San Bruno's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of San Francisco's Bay Area, 157 Santa Inez Ave presents renters with an attractive choice due to its close proximity to major employers, convenient transportation corridors, shopping, dining and entertainment options.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,388,000 |
| No. of Units: | 6 |
| Year Built: | 1968 |
| Lot Size: | 0.14 Acres |
| Opportunity Zone: | No |
| Price per unit: | $398,000 |
| Property Website | Click Here |
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