See Home Value
Listed by: Patrick Sedillo, Patrick Sedillo Real Estate
$1,100,000
● House - Off Market

541 4th Avenue

San Bruno, CA 94066
bedrooms
5 Beds
bathrooms
4 Baths
square feet
1,900 Ft²
$5,401
Est. Monthly

About This Property

New, transparent price!  Cash or finance. Empty house ready for buyer! Income property with an 8 percent cap rate that pays for itself.  Rare opportunity to own a home with such high rentals return at this price.  The homeowner has used this home to live in and is an income property.  He has 3 little ones and living on the construction site is no longer workable.  He looks for further investments and is excited to see the next owner finish what he started and see profits immediately.  Some cosmetics work to bring to completion is done without the liberty of permits but well-built structures.  Now that it's vacant expected to move fast. Interest rates dropping, and housing soaring don't miss out on this great opportunity.  Bring your contractor!  This opportunity in San Bruno's Belle Air Park is unique and large.  5 bedrooms and 4 baths (one is a converted garage).  Disclosures available now. The walls are straight and the floors are level, the current owner made these changes including a bonus room, addition, and ADU with kitchen, bed, and full bath.   Inspections are done. The buyer verifies square footage (county says 860 but the seller has added on).  Rental Income Main House 3600 ADU 3000 Garage 950 Studio 1650 =$9050 per month
Unit Size
1,900 Ft²
Days on Market
61 days
Land Size
0.11 acres
Price per sqft
$579
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1939

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Last updated: 2 years ago (CRMLS #ML81979561)

Price History

Date / Event Date Event Price
Nov 7, 2024 Sold
Sold
Oct 30, 2024 In contract -
In contract
Oct 16, 2024 Price Increased $1,099,888
↑ $100K (10%)
Price Increased
Oct 7, 2024 Relisted $999,888
Relisted
Oct 6, 2024 No longer available -
No longer available
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Property Highlights


Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 250
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 860
  • Gross Building Area: 860
  • Building Area: 860
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 860
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELLE AIR PARK
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LOTS 43 & 44 BLOCK 27 BELLE AIR PARK RSM 5/10

Neighborhood

  • School District Name: San Bruno Park Elementary School District
  • Census Tract: 604200

Zoning

  • Zoning: R10006

Geography

  • Assessors Map Reference: 26-B2
  • Parcel: 020-204-100
  • Block: 27
  • Lot: 43,44
  • Latitude: 37.6259
  • Longitude: -122.406

    Address

  • Full Address: 541 4th Ave
  • Address - House Number: 541
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Bruno
  • Carrier Code: C022
  • 4-Digit Zip Code: 4511
  • Zip Code: 94066

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $431,620
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 10-024

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 947,686
  • High Value: 1,128,816
  • Low Value: 766,556

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $390,698
  • Assessed Land Value: $195,349
  • Assessed Improvements Value: $195,349

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2012
  • Current Sale Recording Date: Apr 20, 2012
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2012-055403
  • Previous Sale Recording Date: Jul 29, 2011
  • Previous Sale Contract Date: Jul 26, 2011
  • Previous Sale Amount: $281,869
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Belle Air Park


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Nearby Rentals

Unit for rent at 15 Christine Lane, MILLBRAE, CA, 94030

$6,395 /mo

  • 3 Beds
  • 1 Bath
  • 1,290 ft²
15 Christine Lane, MILLBRAE, CA, 94030 Listing by Mike Bohnert


Frequently Asked Questions

When was property at 541 4th Avenue built and last sold?
The property at 541 4th Avenue was built in 1939 and last sold on Apr 19, 2012 for $330,500.
How much is this home worth?
The estimated value of the home located at 541 4th Avenue is $0.
What are some comparable homes to 541 4th Avenue?
There are currently no comparable homes to 541 4th Avenue.