CA
San Mateo
South San Francisco
94080
601 Walnut Avenue
601 Walnut Avenue, South San Francisco, CA 94080
Share Listing
Listing Type
Single Family
Listing Status
Active
53
$1,698,000

Home Details for 601 Walnut Avenue

Price
$1,698,000
Type
Residential
Bedrooms
6
Full Bathrooms
4
Square feet
2600
Year built
1924
Lot size acres
0.1155
County
San Mateo
MLS Listing#
ML82039898
Listed By: Colliers Parrish International, Inc. - 408-282-3800
Listed By: Don Sung
Property Description

Why pay rent when you can own and have excellent tenants help you with mortgage payments? Build equity today and live in a fully-renovated 3 BR/2 BA unit for less than $3,000/Month, with proven rental income from 2 Easy-To-Manage Units. To Demonstrate: Put 20% Down, Finance 80% at 5.75% (Multi-Family Financing). Monthly Payment: $7,427.25. Collect $2,170 (1 BR) + $3,045 (2 BR) from 2 Units on Ground Floor = $5,215/Month While Living in a Fully-Renovated, Sun-Drenched 3 BR/2 BA House. Deduct $5,215 (Rent Collected) from Mortgage = $7,927.25. Net Monthly Payment (to Live in the Upstairs 3 BR/2 BA): $2,712.25/Month. All 3 Units (House & 2 Ground Floor Units) Completely Renovated by Licensed Contractors (but without benefit of permits) 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 Driveway Parking for each unit. Easy Access to Genentech and the Epicenter of Biotech/Life-Sciences Companies, as well as Kaiser, SF Airport, and other Silicon Valley Companies. 10-15 Minutes from Downtown San Francisco w/ Easy Access to 101 and 280. Don't Wait. This Deal Will Not Last.

Property Features
  • Parking
    • Off Street
    • Attached
    • Workshop in Garage
    • On Street
  • Heating Information
    • Forced Air
    • Natural Gas
    • Central
  • Fire Place
    • Living Room
    • Wood Burning
  • Cooling Information
    • None
  • Water Features
    • Public
  • House Interior
    • Eat-in Kitchen
  • Utilities
    • Cable Available
  • Garage
    • 1
MLSListings logo The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Internet Data Exchange adn detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

IDX display powered by Constellation Web Solutions
Last Updated: 2026-03-24 00:20:22
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from MLSListings.
EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
Request more details
Code: