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30 Gardiner Ave

4 Unit Block of Flats £1,481,269 (£370,317/Unit) 6.13% Net Initial Yield South San Francisco, CA 94080

Investment Highlights

  • Tenants can enjoy a hike on the San Bruno Mountain Ridge trail and many others.
  • Minutes away from the City of San Francisco, the San Francisco Airport, and quick access to Silicon Valley.
  • Spectacular views of Oyster Point, the biotech capital of the world.

Executive Summary

30 Gardiner Ave is situated on 5, 253 square feet of land and has a gross building area of approximately 3,100 square feet (buyer to verify), offering residents four 2-bedroom and 1-bathroom, and one 1-bedroom and 1-bathroom floor-plans. The property overlooks Oyster Point, the biotech capital of the world, home to top employers such as Genentech and Thermo Fisher. Nearby, tenants can enjoy a hike on the San Bruno Mountain Ridge trail and many others.
The investment appeal of this asset is driven by South San Francisco’s booming economy and fast-growing biotechnology industry. With a world-class location minutes away from the City of San Francisco, the San Francisco Airport, and quick access to Silicon Valley Via BART, Cal-train, or 101/280. 30 Gardiner Ave is an ideal location to call home and an incredible investment opportunity.

Property Facts

Price £1,481,269
Price Per Unit £370,317
Sale Type Investment
Net Initial Yield 6.13%
Gross Rent Multiplier 12
No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.12 AC
Building Size 6,026 SF
Number of Floors 3
Year Built 1961
Parking Ratio 0.66/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 4 - 750
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
012-080-630
Land Assessment
£187,738
Improvements Assessment
£288,832
Total Assessment
£476,570

zoning

Zoning Code R30000 (Multifamily)
R30000 (Multifamily)
  • Listing ID: 31127532

  • Date on Market: 05/03/2024

  • Last Updated:

  • Address: 30 Gardiner Ave, South San Francisco, CA 94080

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