Located just a few blocks from University Avenue's dining, shops, and retail, this well-maintained 4-unit multi-family offers investors a rare combination of in-place stability and proven upside in one of the Bay Area's most resilient rental submarkets. The desirable unit mix consists of one 3-bedroom/2-bath unit, two 2-bedroom/1-bath units, and… Read More one 1-bedroom/1-bath unit, totaling 3,169 SF across the building, on a 5,100 SF lot. Each unit benefits from a private yard space or a balcony. 4 garage bays. Built in 1963, the property has recently completed all required SB-721 balcony work as of July 2026, with full clearance and permitting in place. Two units offer in-unit laundry, with the remaining two served by an on-site shared laundry room. The property offers meaningful upside across all four units, with rents currently below market. 94301 has posted consistent year-over-year rent growth, outperforming the broader metro and reflecting strong submarket fundamentals stable cash flow today, plus a clear path to further rent growth. This property can be purchased individually or as a combined 12-unit portfolio with the adjacent 5-unit property at 252-262 Everett Avenue and triplex at 270 Everett. Incredible opportunity! Read Less
Courtesy of Coldwell Banker Realty, Kelly Griggs 650-464-1965
Listing Snapshot
Days Online
0
Last Updated
Property Type
Fourplex
Square Ft.
3,169
Lot Size
0.12 Acres
Year Built
1963
MLS Number
ML82062184
30 Days Snapshot Of 94301
$3.47M
-23%
(avg) sold price
10
0%
homes sold
27
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5100.00, Max Area Units: Square Feet
Unit One
3 bedrooms in unit 1, Unit 1: approximately 960 square feet, Unit 1 rent: $4,320
Unit Two
1 bedroom in unit 2, Unit 2: approximately 580 square feet, Unit 2 rent: $3,800
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 815 square feet, Unit 3 rent: $3,565
Unit Four
2 bedrooms in unit 4, Unit 4: approximately 790 square feet, Unit 4 rent: $4,200
Accessibility Features
None
Building
Built in 1963, 4 building units, 1 building, 3,169 structure square feet
Roof
Composition
Utilities
Public Utilities
Sewer
Sewer - Public
Security Features
None
Heating
Central Forced Air, Wall Furnace
Cooling
None
Floors
Hardwood, Laminate
Foundation
Concrete Perimeter
Kitchen
Countertop - Synthetic, Dishwasher, Refrigerator
Laundry
Coin Operated, Washer/Dryer - Some Units
Water Features
Public
Garage
4 garage spaces
Parking
4 parking spaces
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
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