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$1,300,000

Beds
4
Baths
2.0
sq ft
1,565

252 East Ave, San Bruno, CA 94066

252 East Ave

San Bruno, CA 94066

  • 75 days on market
    • Price drop $175,000↓
252 and 252A East Avenue in San Bruno offer a unique opportunity with a detached single-family home and a legal ADU, both units are recently renovated. Upstairs 252 East Avenue boasts oversized double-pane windows, a formal dining room, and a kitchen equipped with stainless steel appliances, including a freestanding gas stove, dishwasher, and granite countertops. The home also features a roof deck that offers a pleasant view of the neighborhood. Downstairs, the legalized ADU 252A includes two spacious bedrooms, a bathroom, a kitchen, many custom made cabinets, a living and dining area, and a private laundry room. Both units have access to a shared yard, adding outdoor space to its many features. 252 East Avenue is currently occupied by tenants. 252A East Avenue is vacant for immediate occupancy. Both units are ideally situated close to groceries, schools, banks, parks, shopping centers, restaurants, and the Caltrain station, making them highly convenient and a tremendous value for potential buyers and investors.

Details

Property type

Single Family Residence

Est. home value

$1,304,223

Property condition

Updated/Remodeled

Lot size

3,800 sq ft

Price per sq ft

$831

Year built

1946

HOA

No

Price History

09/22/2024
SFAR

SFAR #424063943

Price change
$1,300,000
-11.86%
09/10/2024
SFAR

SFAR #424063943

Listed
$1,475,000
+136%
02/12/2015
SFAR

SFAR #428369

Sold
$625,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$357,551
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$838,449
Cash to seller
$357,551

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citibank Na

Loan start date

August 2023

Original loan amount

$850,000

Est. remaining balance

$838,449

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Sampson Yip and Kanfai Yip

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 11:35 PM

Listing updated: 09/21/2024 at 8:13 PM

Listed by: Randy W. Lui, Brokers Connection Incorporate

MLS: SFAR #424063943

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