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Listed By:
Don Sung with Colliers Parrish International, Inc.;
Address
601 Walnut Avenue, South San Francisco, CA
Price
$ 1,698,000
Property Attributes
  • MLS#ML82039898
  • TypeSingle Family
  • Listing Status Active
  • CountySan Mateo
  • CitySouth San Francisco
  • Area Not Defined
  • Zip94080
  • Style
  • Year Built1924
  • Price$ 1,698,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2600
  • Lot Size0.1155 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Why pay rent when you can own and have excellent tenants help you with mortgage payments? Build equity today and live in a fully-renovated 3 BR/2 BA unit for less than $3,000/Month, with proven rental income from 2 Easy-To-Manage Units. To Demonstrate: Put 20% Down, Finance 80% at 5.75% (Multi-Family Financing). Monthly Payment: $7,427.25. Collect $2,170 (1 BR) + $3,045 (2 BR) from 2 Units on Ground Floor = $5,215/Month While Living in a Fully-Renovated, Sun-Drenched 3 BR/2 BA House. Deduct $5,215 (Rent Collected) from Mortgage = $7,927.25. Net Monthly Payment (to Live in the Upstairs 3 BR/2 BA): $2,712.25/Month. All 3 Units (House & 2 Ground Floor Units) Completely Renovated by Licensed Contractors in 2018 and 2019. New Electrical, New Copper Plumbing, New Furnaces, New Kitchens, New Baths, New Tuff-Sheds in Backyard for Extra Storage. (1-Storage Per Unit). All 3 Units Consistently Rented for: $4,695+ (3 BR), $2,200+ (1 BR) and $3,200+ (2 BR) with Driveway Parking for each unit. Easy Access to Genentech and the Epicenter of Biotech/Life-Sciences Companies, as well as Kaiser, SF Airport, and other Silicon Valley Companies. 10-15 Minutes from Downtown San Francisco w/ Easy Access to 101 and 280. Don't Wait. This Deal Will Not Last.

Price History
3/23/2026 Listed $1,698,000

General Features

Living Area 2600
Sewer Public Sewer
Cooling None
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher,Gas Cooktop,Disposal,Gas Oven,Refrigerator
Zoning R10006
Architectural Style Bungalow,Traditional
Construction Materials Stucco
Year Built 1924
View Neighborhood
Property Subtype Single Family Residence
County San Mateo
New Construction false
Property Type Residential
HOA false
Attached Garage true
Facing Direction South
Garage Y/N false
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions Cross Street: Park Way
City South San Francisco
High School District South San Francisco Unified
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 5030
Property Attached Y/N false
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
PostalCity SOUTH SAN FRANCISCO

Interior Features

Interior Amenities Breakfast Area
Flooring Tile,Wood
Fireplace Features Living Room,Wood Burning
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 6
LivingAreaSource Other
Total Baths 4

Exterior Features

Fencing Chain Link
Parking Features Off Street,Uncovered,Workshop in Garage
Water Source Public
Total Parking 1
Lot Size Area 5030
Foundation Details Concrete Perimeter
Lot Size Acres 0.1155
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 94080

Price
AVG $1.26M
$1.7M
Year Built
AVG 1956
1924

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