NOT LISTED FOR SALE

872 Grand Ave South San Francisco, CA 94080

Downtown South San Francis Neighborhood

Estimated Value: $1,306,000 - $1,402,440

4 Beds
3 Baths
1,649 Sq Ft
$830/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $1,338,000 $811 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,977/month

40 Days on Market

Highlights

  • Horse Property
  • Guest Parking
  • 1-Story Property
  • South San Francisco High School Rated A-

About This Home

As of November 2023

Welcome to the captivating city of South San Francisco, where urban charm meets suburban tranquility. This exceptional property is a haven of comfort & convenience, perfectly situated to embrace the best of Bay Area living. Discover the joys of duplex living; line in one,rent out the other, a uniquely versatile housing option that offers the perfect blend of convenience, privacy, and community. This stunning property boasts modern finishes, ample room to entertain guests or unwind in style. Nestled in a highly sought-after neighborhood, you'll have access to vibrant city life! Stroll down Grand Ave, enjoy a plethora of local shops, popular restaurants, recreational facilities, bike trails; ensuring you're always connected to everything you need. Near KAISER, Trader Joes, Safeway, ect. Convenient access to BART,major highways, EZ commuting to SF & Silicon Valley! This is a turnkey property! Move in with confidence. Buyer to verify possibility to add an ADU in the rear w/ SSF Bldg Dept

Last Listed By

Debbie Wong

KW Advisors License #70010239 Listed on: 08/11/2023

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,075

Year Built

  • 1943

Lot Details

  • 7,000

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,649 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Carport Spaces
  • Guest Parking
  • On-Street Parking

Additional Features

  • Horse Property
  • 7,000 Sq Ft Lot
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $80,400

Community Details

Overview

  • 1,649 Sq Ft Building

Building Details

  • Gardener Expense $1,500
  • Insurance Expense $5,000
  • Maintenance Expense $1,500
  • Trash Expense $1,200
  • Operating Expense $14,823
  • Gross Income $77,184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,075

Year Built

1943

Lot Details

0

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Age: 80
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1649
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1943

Interior Features

  • Living Sq Ft: 1649
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Horse Property: Yes

Garage/Parking

  • Garage Parking Features: Carport, Guest / Visitor Parking, On Street, Parking Restrictions
  • Carport Min: 6

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Schools

  • School District: South San Francisco Unified

Lot Info

  • Lot Acres: 0.1607
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 17.40

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 5000
  • Expense Landscape: 1500
  • Expense Maintenance: 1500
  • Expenses Total: 14823
  • Expense Trash: 1200
  • Income Annual Gross: 77184.00
  • Income Annual Rental: 80400
  • Income Gross Scheduled: 80400
  • Income Includes: Rents
  • Meters: Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Heating
  • Vacancy Factor: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 28, 2023
Sold by
Fyre Holdings Limited Liability Company
Bought by
Mangubat Maria Luisa
Seller's Agent
Debbie Wong
KW Advisors
Buyer's Agent
Lena Yin
eXp Realty of California Inc
List Price
$1,398,888
Sold Price
$1,338,000
Premium/Discount to List
-$60,888
-4.35%
Total Days on Market
40
Views
154
Current Estimated Value
$1,368,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,360
Avg. Annual Appreciation
3.67%
Original Mortgage
$917,000
Outstanding Balance
$905,933
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$503,262

Purchase Details

Closed on
Feb 28, 2020
Sold by
Batterton Robert M and Batterton Yvonne C
Bought by
Fyre Holdings Llc

Purchase Details

Closed on
Jan 13, 2011
Sold by
Batterton Yvonne C
Bought by
Batterton Yvonne C and Batterton Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Batterton Yvonne C
Bought by
Batterton Yvonne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 1998
Sold by
Batterton Robert M
Bought by
Batterton Yvonne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.07%

Purchase Details

Closed on
Apr 3, 1998
Sold by
Ranches Federico D and Ranches Carmen M
Bought by
Batterton Yvonne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.07%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mangubat Maria Luisa $1,338,000 Old Republic Title
Fyre Holdings Llc -- None Available
Batterton Yvonne C -- Fidelity National Title Co
Batterton Yvonne C -- Fidelity National Title Co
Batterton Yvonne C -- Fidelity National Title Co
Batterton Yvonne C $265,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangubat Maria Luisa $917,000
Previous Owner Fyre Holdings Llc $225,000
Previous Owner Batterton Yvonne C $373,500
Previous Owner Batterton Yvonne C $100,000
Previous Owner Batterton Yvonne C $375,000
Previous Owner Batterton Yvonne C $234,000
Previous Owner Batterton Yvonne C $100,000
Previous Owner Batterton Robert $37,000
Previous Owner Batterton Yvonne C $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $1,338,000 -4.4% $811 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $1,398,888 -- $848 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $16,075 $406,690 $138,118 $268,572
2022 $5,623 $398,716 $135,410 $263,306
2021 $5,541 $390,899 $132,755 $258,144
2020 $5,467 $386,892 $131,394 $255,498
2019 $5,418 $379,307 $128,818 $250,489
2018 $5,295 $371,871 $126,293 $245,578
2017 $5,110 $364,580 $123,817 $240,763
2016 $4,924 $357,433 $121,390 $236,043
2015 $4,842 $352,065 $119,567 $232,498
2014 $4,767 $345,169 $117,225 $227,944
Source: Public Records

Agents Affiliated with this Home

  • Debbie Wong

    Seller's Agent in 2023

    Debbie Wong

    KW Advisors

    (650) 619-2790

    1 in this area

    53 Total Sales

    Debbie Wong
    Section Image
  • Lena Yin

    Buyer's Agent in 2023

    Lena Yin

    eXp Realty of California Inc

    (650) 627-3700

    1 in this area

    8 Total Sales

    Lena Yin
    Section Image
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Map

Source: MLSListings

MLS Number: ML81937402

MLSListings

APN: 012-184-150

California San Mateo County South San Francisco 94080 Downtown South San Francis

872 Grand Ave, South San Francisco, CA

Homes for Sale in South San Francisco, CA

This home is located at 872 Grand Ave, South San Francisco, CA 94080 since 11 August 2023 and is currently estimated at $1,368,360, approximately $829 per square foot. This property was built in 1943. 872 Grand Ave is a home located in San Mateo County with nearby schools including Spruce Elementary School, Parkway Heights Middle School, and South San Francisco High School.

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