512 Keoncrest Dr, South San Francisco, CA 94080

3 Units Total | 7 Bedroom, 3 Full Bathroom Units | 3250± Living SqFt

ML81966272 | Listed by Caroline K. Huo and Julian Gonda

$1,725,000

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This 3-unit residence in Serra Highlands 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.

Solid Foundation, Individual Appeal:

The building boasts a functional layout with three spacious units, totaling 7 bedrooms and 3.5 bathrooms across 3,250 square feet. Unit 1: 3 Bedrooms and 1.5 Bath, Unit 2: 2 Bedrooms and 1 Bath, Unit 3: 2 Bedrooms and 1 Bath. 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 space or area of gathering relaxation space for tenants.

Income Stream & Opportunity:

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.

Prime Serra Highlands Location:

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 Westbororough Plaza and a Costco just minutes away, while easy access to I-280 and El Camino Real ensures effortless commutes throughout the Bay Area. 

Highlights

• Investor-friendly triplex with income potential, ideal for house hacking or portfolio expansion.
  
• Living Room: Spacious layout with 7 bedrooms and 3.5 bathrooms across 3 units.
  
• Any Family Rooms Etc: Shared laundry area, attached garage parking, and a shared backyard for tenants.
  
• Bedroom: 3 bedrooms in unit 1, 2 bedrooms in unit 2, and 2 bedrooms in unit 3.
  
• Yard Space: Shared backyard, suitable for play or relaxation.
  
• Neighborhood Amenities: Close to Kaiser Permanente, Alta Loma Park, Buri Buri Park, Buri Buri Elementary School, Westborough Plaza, and Costco.
  
• Location: Desirable Serra Highlands neighborhood in South San Francisco, with easy access to I-280 and El Camino Real for convenient Bay Area commutes.