Listed by Compass, Ray Rodriguez, Tony Zizzo Listing Contact: 6267799360

Brand New (2019) Six Unit Building Consists of (4) 2 Bedroom 2.5 Baths (1) Penthouse 4 Bedroom and 3.5 Bathroom, and (1) additional studio with full bath, which is currently rented out and used as an office for the owner. All Units have washer & dryer as well as balconies for every single bedroom and living room and an additional large wrap-around balcony on the 2nd floor. The units also have electric fireplaces and electric tankless water heaters. There is an Elevator in the Entrance Lobby. The property also consists of 10 grade-level secured parking spaces with additional storage in the garage for each unit Parking Spaces. Current operations of the property consist of Airbnb rentals for each unit. South San Francisco currently does not require licenses for short-term rentals however this is something that will be implemented and ownership is already in the process of applying for permits. The building could also be rented to long-term market-rate renters (the financials here reflect market rents) or even converted to condos and sold individually. Lastly because of its proximity to Oyster Point and the Bio Tech hub of the Bay Area there could be a great opportunity to implement corporate rentals and/or furnished living. This is a pride of ownership generational asset.