601 Walnut Avenue, South San Francisco, CA 94080

South San Francisco
Local realty services provided by:ERA North Orange County Real Estate
601 Walnut Avenue,South San Francisco, CA 94080
$1,698,000
  • - Beds
  • - Baths
  • 2,600 sq. ft.
  • Multi-family
  • Active
Listed by: don sung650-380-5188
Office: colliers parrish international, inc.
MLS#:82039970
Source:CAREIL

Price summary

  • Price:$1,698,000
  • Price per sq. ft.:$653.08

About this home

Great Starter Opportunity! Live upstairs (fully-renovated 3 BR/2 BA) and easily lease/self-manage the 2 downstairs units w/ high-quality tenants. Build equity today while living in comfort, with proven rental income from 2 Very-Easy-To-Manage Units. Put 35% Down, Finance 65% at 5.75% (Multi-Family Financing). Monthly Payment: $6,440.89. Collect $2,170 (1 BR) + $3,045 (2 BR) from 2 Ground Floor Units ($5,215/Month) While Living in a Renovated, Sun-Drenched 3 BR/2 BA House. Deduct $5,215 (Rent Collected) from Mortgage ($6,440.89). Net Monthly Payment (to Live in the Upstairs 3 BR/2 BA): $1,225.89/Month. Day 1 CAP Rate: 5.03% / Pro-Forma CAP: 5.61%. 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...

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Home facts

  • Year built:1924
  • Listing ID #:82039970
  • Added:8 day(s) ago
  • Updated:March 29, 2026 at 05:03 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living area:2,600 sq. ft.

Heating and cooling

  • Cooling:Whole House / Attic Fan
  • Heating:Gas Central Forced Air Heat, Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1924
  • Building area:2,600 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Corners Marked - No, Mostly Level
  • Exterior Features:Barbecue Area, Drought Tolerant Plants, Fenced Yard
  • Foundation Description:Concrete Perimeter and Slab

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$1,698,000
  • Price per sq. ft.:$653.08

Features and amenities

  • Laundry features:Washer/Dryer
  • Amenities:Attic Fan(s), Security Fence, Vaulted Ceiling

Parking

  • Parking description:Common Garage, Uncovered Parking
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