601 Walnut Avenue, South San Francisco, CA 94080

South San Francisco
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
601 Walnut Avenue,South San Francisco, CA 94080
$1,698,000
  • 6 Beds
  • 4 Baths
  • 2,600 sq. ft.
  • Multi-family
  • Active
Listed by: don sung
Office: colliers parrish international, inc.
MLS#:ML82039970
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,698,000
  • Price per sq. ft.:$653.08

About this home

Great Starter Opportunity! Live upstairs (fully-renovated 3 BR/2 BA) and easily lease/self-manage the 2 downstairs units w/ high-quality tenants. Build equity today while living in comfort, with proven rental income from 2 Very-Easy-To-Manage Units. Put 35% Down, Finance 65% at 5.75% (Multi-Family Financing). Monthly Payment: $6,440.89. Collect $2,170 (1 BR) + $3,045 (2 BR) from 2 Ground Floor Units ($5,215/Month) While Living in a Renovated, Sun-Drenched 3 BR/2 BA House. Deduct $5,215 (Rent Collected) from Mortgage ($6,440.89). Net Monthly Payment (to Live in the Upstairs 3 BR/2 BA): $1,225.89/Month. Day 1 CAP Rate: 5.03% / Pro-Forma CAP: 5.61%. All 3 Units (House & 2 Ground Floor Units) Completely Renovated by Licensed Contractors in 2018 and 2019. New Electrical, New Copper Plumbing, New Furnaces, New Kitchens, New Baths, New Tuff-Sheds in Backyard for Extra Storage. (1-Storage Per Unit). All 3 Units Consistently Rented for: $4,695+ (3 BR), $2,200+ (1 BR) and $3,200+ (2 BR) with...

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Home facts

  • Year built:1924
  • Listing ID #:ML82039970
  • Added:5 day(s) ago
  • Updated:March 29, 2026 at 02:36 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Living area:2,600 sq. ft.

Heating and cooling

  • Heating:Forced Air, Wall Furnace

Structure and exterior

  • Year built:1924
  • Building area:2,600 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Triplex
  • Exterior Features:Back Yard

Finances and disclosures

  • Price:$1,698,000
  • Price per sq. ft.:$653.08
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at March 29, 2026

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