Unlock Investment Potential in the desirable Sierra Highlands. This 3-unit residence offers a compelling opportunity for investors seeking a stable asset with income-generation potential. Imagine the possibilities: owner-occupy a unit and potentially offset your mortgage with rental income (house hacking), or build your investment portfolio with a property poised for future returns. The building boasts a functional layout with three spacious units, totaling 7 bedrooms and 3.5 bathrooms across 3,250 square feet. Each unit enjoys access to a shared laundry area and a dedicated space in the attached garage for convenient parking. A shared backyard provides a play or gathering space for tenants. The current rent roll offers a solid foundation, with two long-term tenants occupying two units. One vacant unit presents an immediate chance to capitalize on the current market rate. This residence is nestled in the desirable Serra Highlands neighborhood of South San Francisco. Residents enjoy close proximity to Kaiser Permanente, Alta Loma Park, Buri Buri Park, and Buri Buri Elementary School. Convenient shopping is nearby with Westborough Plaza and a Costco just minutes away, while easy access to I-280 and El Camino Real ensures effortless commutes throughout the Bay Area.
Property Details
Property Features
Property Information:
Year Built: 1960
Stories: 2
Living Area: 3,250 SqFt
Listing Office:
Office Name: KW Advisors
Office Phone: (650) 627-3700
Listing Agent: Caroline K. Huo G...
Exterior Features
Parking Information:
Garage Space: 3 spaces
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
School Info
Assigned Schools Information:
El Camino High School, Public District Grades 9-12
Alta Loma Middle School, Public District Grades 6-8
Buri Buri Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Cross Street: Newman Dr
Price Information
Listing Price Info
Price Summary:
List Price: $1,725,000
Price Per SqFt: $531/SqFt
Tax Information:
Annual Amount: $3,675
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in South San Francisco, CA.
This property is $525K more than the Median Sold Price and $290/SqFt less than other homes in South San Francisco, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81966272
Listing Office:
Office Name: KW Advisors
Office Phone: (650) 627-3700
Listing Agent: Caroline K. Huo G...
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/1/2024, 10:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,675
$156,017
2020
$3,655
$154,418
2019
$3,577
$151,391
2018
$3,577
$148,423
2017
$3,384
$145,514
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,677
Per Month
Principal & Interest
$8,610
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,238
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Buri Buri Elementary School
120 El Campo Dr
Distance between this listing and this school0.35 miles
Public District Grades KG-5
Middle School
5
/10
Alta Loma Middle School
116 Romney Ave
Distance between this listing and this school0.30 miles
Public District Grades 6-8
High School
9
/10
El Camino High School
1320 Mission Rd
Distance between this listing and this school0.81 miles
Public District Grades 9-12
Assigned Schools
6
/10
Buri Buri Elementary School
120 El Campo Dr
Distance between this listing and this school0.35 miles
Public District Grades KG-5
Nearby Schools
6
/10
Skyline Elementary School
55 Christen Ave
Distance between this listing and this school0.86 miles
Public District Grades KG-5
6
/10
Junipero Serra Elementary School
151 Victoria St
Distance between this listing and this school1.02 miles
Public District Grades KG-5
Assigned Schools
5
/10
Alta Loma Middle School
116 Romney Ave
Distance between this listing and this school0.30 miles
Public District Grades 6-8
Nearby Schools
8
/10
Westborough Middle School
2570 Westborough Blvd
Distance between this listing and this school1.01 miles
Public District Grades 6-8
4
/10
Parkway Heights Middle School
650 Sunset Ave
Distance between this listing and this school1.34 miles
Public District Grades 6-8
Assigned Schools
9
/10
El Camino High School
1320 Mission Rd
Distance between this listing and this school0.81 miles
Public District Grades 9-12
Nearby Schools
2
/10
Baden High (Continuation)
825 Southwood Dr
Distance between this listing and this school0.94 miles
Public District Grades 9-12
6
/10
South San Francisco High School
400 B St
Distance between this listing and this school1.48 miles
The neighbors living near this home have an average income of $91,984. Typical income of South San Francisco, CA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 512 Keoncrest Dr in South San Francisco, CA and zip code 94080 in the Winston-Serra neighborhood. This 3,250 square foot home, which was built in 1960, sits on a 0.12 acre lot. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $1,725,000.
In May 2024 more than 26 listings in South San Francisco, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below. The inventory of homes for sale in South San Francisco, CA between April 2024 and May 2024 increased by 6.6%. In May 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $1,200,000.
From Rocket Homes Real Estate and based on county public records data.