30 Gardiner Ave
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30 Gardiner Ave
4 Unit Apartment Building $1,875,000 ($468,750/Unit) 6.13% Cap Rate 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.
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 | $1,875,000 | Apartment Style | Low Rise |
| Price Per Unit | $468,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 6.13% | Building Size | 6,026 SF |
| Gross Rent Multiplier | 12 | No. Stories | 3 |
| No. Units | 4 | Year Built | 1961 |
| Property Type | Multifamily | Parking Ratio | 0.66/1,000 SF |
| Property Subtype | Apartment |
| Price | $1,875,000 |
| Price Per Unit | $468,750 |
| Sale Type | Investment |
| Cap Rate | 6.13% |
| Gross Rent Multiplier | 12 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 6,026 SF |
| No. Stories | 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 |
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Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 012-080-630 | Improvements Assessment | $367,943 |
| Land Assessment | $239,159 | Total Assessment | $607,102 |
PROPERTY TAXES
Parcel Number
012-080-630
Land Assessment
$239,159
Improvements Assessment
$367,943
Total Assessment
$607,102
zoning
| Zoning Code | R30000 (Multifamily) |
| R30000 (Multifamily) |
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30 Gardiner Ave
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