Active

723 Olive Street

South San Francisco CA, 94080

$740,000


$246.58 per sqft

Active

0.07 Acres

Land

Listed by Alex Lehr with Guide Real Estate 650-766-5300

Unlock the potential of this remarkable South San Francisco opportunity. This 3001 sqft vacant lot comes with approved plans for a 1485 sqft 3 bed 2.5 bath main house accompanied by two attached ADUs with separate entrances. For those without a contractor, we've got you covered. A seasoned, local builder is ready to turn your vision into reality. The first ADU offers 421 sqft with 1 bed and 1 bath, while the second ADU offers 351 sqft with 1 bed and 1 bath providing versatile living options and also a great rental income potential. This project has been appraised at $1,885,000 once fully built and construction financing and/or seller financing are available. The location is 5 blocks from downtown, less than a mile to Oyster Point Biosciences, 10 minutes to YouTube HQ, and a quick 10-minute commute to San Francisco. Whether you're an aspiring homeowner or an astute investor, this property offers limitless potential. Don't let this remarkable opportunity slip through your fingers!

ML81944717

MLS ID

October 11, 2023

Listed

April 24, 2024

Updated

Map

723 Olive Street
South San Francisco CA, 94080

Exterior/Building Features

Lot Size

0.07 Acres


Sewer

Public Sewer

School Information

School District

South San Francisco Unified


High School

Other


Elementary School

Other

Other Property Details

Area Name

699 - Not Defined


Days on Market

196


Garage

No


Parking Total

0


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

R20000


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

2/27/2024

Price Change

$740,000

-2%

11/14/2023

Price Change

$750,000

-4%

Listing Contact: 650-766-5300 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/24/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/24/2024 at 11:17 PM UTC

 

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