Property Overview:
22 Butler Ave is a single-family home in South San Francisco, CA, built in 1900. It features 2 bedrooms, 1.5 bathrooms, and 730 sq. ft. of living space on a 5,000 sq. ft. lot. The home includes a detached garage and retains classic turn-of-the-century features. The estimated home value is $730,885, with a listing price of $699,888.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 5.3% (lower than state average of 11.8%).
- Property crime risk: 7.3% (lower than state average of 10.8%).
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Schools:
Nearby schools include Martin Elementary, Parkway Heights Middle, and Community Day School.- Average SAT score: 951 (below state average of 975).
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Job Market:
- 58.3% white-collar jobs, 41.7% blue-collar jobs.
- Unemployment rate: 3.6% (lower than state average of 4.7%).
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Demographics:
- Community population: 59,728 (10% growth since 2000).
- 73% families with children.
- Largest age group: 25-34 years (15%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 48.8°F (January), 62.9°F (July).
- Average rainfall: 18.3 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $66,857.
- Average annual spending: $52,389.
Property Features:
- Classic cottage-style home with original features:
- Paneled doors, beamed kitchen ceiling, hardwood floors, arched doorways, and sashed windows.
- Corner lot with fenced front yard and no rear neighbors.
- Three additional parking spaces for potential income.
- Renovation potential:
- Approved permits for 2 bedrooms, 2 full baths, expanded living space, and possible ADU.
- Sewer lateral completed.
- Sold as-is with architectural plans included.
Location Benefits:
- Convenient access to downtown South San Francisco, San Francisco, and San Mateo (15-17 minutes).
- Close to biotech campuses, including Genentech HQ.
- Walkable and bike-friendly neighborhood with nearby amenities:
- Gardiner Park (across the street) and San Bruno Mountain State Park for outdoor activities.
- Easy access to freeways, Costco, shops, and restaurants.
Investment Opportunity:
- First time on market in 30 years with multi-parcel purchase option:
- Includes 144 Gardiner Ave (2-bedroom home) and 146-150 Gardiner Ave (21-unit apartment property).
- Potential for owner-occupancy, cash flow, or arbitrage by divesting single-family homes.