669 Masson Ave
FOURPLEX IN SAN BRUNO WITH ALL UTILITIES INDIVIDUALLY METERED
Marketing description
669 Masson Ave (The Property) is a four unit multifamily asset in San Bruno, CA built in 1965. All four units are individually metered for water, electricity, and gas; tenants also pay for their own garbage and sewer. The property is situated on a 0.11-acre lot and comprised of four spacious units: (1) 1 bed, 1 bath, (2) 2 bed, 1 bath, and (1) 3 bed, 2 bath unit.
This property offers investors the rare opportunity to purchase an investment asset in one of the most strategically connected locations in the San Francisco Peninsula. Perfectly situated near the San Bruno BART and Caltrain stations, near Interstates I-280 and Highway 101, and directly off El Camino Real (Highway 82), this asset provides unparalleled access to the entire Bay Area. The location is moments away from major tech and corporate employers, including the YouTube Headquarters, and offers a fast commute to nearby hubs such as SFO, Genentech, and Visa.
In addition, the property is just a short distance from the revitalized Downtown San Bruno, featuring a variety of local dining, shopping, and entertainment options along San Mateo Avenue and El Camino Real. This ideal combination of transit-oriented location and corporate proximity makes it a premier investment.
Please reach out to Adam Foley or Ben Mollahan of the CBRE listing team for additional information.
Investment highlights
INCREASED RETURNS
Average in-place rents are ~15% below market rents and 30% below renovated market rents offering investors the potential to capture significant upside.
EXCEPTIONAL UNIT MIX
The Property features a perfect unit mix consisting of (1) 1 Bed, 1 Bath, (2) 2 bed, 1 Bath, and (1) 3 Bed, 2 Bath. Additionally, the unit layouts are above average size and feel very spacious.
PROXIMITY TO SILICON VALLEY TECH COMPANIES
San Bruno is benefiting from the migration of high-earning technology workers for nearby companies such as Facebook,
Oracle, Electronic Arts, Kaiser, Sales Force, and Visa.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
