Property Overview:
311 Magnolia Ave is a multi-family home (triplex) in South San Francisco, CA, built in 1914. It features 4 bedrooms, 3 bathrooms, and 1,944 sq. ft. of living space. The property includes a parking garage, fireplace, and cooling system. Two units are vacant, and one is tenant-occupied (month-to-month).
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 Spruce Elementary, Parkway Heights Middle, and Community Day.- 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:
- Triplex:
- Upper unit (309 Magnolia): 2 bed / 1 bath (vacant)
- Lower front unit (311 Magnolia): 1 bed / 1 bath (vacant)
- Lower back unit (studio): Studio / 1 bath (tenant-occupied, month-to-month)
- Separate electrical meters for 309 & 311.
- Detached 2-car garage and separate laundry facilities.
- Well-maintained by long-term owners.
- Perfect for multi-generational living or as an investment property (live in one, rent the others).
Location Benefits:
- Prime location between downtown South San Francisco and the biotech capital.
- Close to public transportation: Caltrain, BART, and easy access to Hwy 101, SFO, San Francisco, and Silicon Valley.
- Convenient for commuters and offers strong rental potential.