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ActiveMulti-Family

$2,700,000

632 1st Ln, South San Francisco 94080

Beds8
Baths4
Sqft3,780
DOM169
No Photos Available

AddressIntel AI Briefing

This asset is primed for a multi-unit teardown-and-rebuild play to fully capitalize on its strategic urban location. The existing footprint is obsolete, making a complete site cleared for high-density modern units the most logical execution pathway. Developers should verify local zoning overlays to confirm maximum allowable story heights before proceeding.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (South San Francisco)

2026-10-21 • 718 PARK WAY
Building Permit Revision
--Closed
2026-10-21 • 434 N CANAL ST #15
Commercial Building - Tenant Improvement
--Inspection
2026-10-21 • 670 GRAND AVE
Building Permit Revision
--Closed
2026-10-21 • 130 FRANCISCO DR
Residential Building - Addition
--Inspection
2026-10-21 • 121 RAMONA AVE
Residential Building - Alteration
--Inspection
2026-10-20 • 144 COUNTRY CLUB DR
Residential Building - Alteration
--Inspection

Parcel & Zoning Info

APN012231140
Official Lot Sqft6,000
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Seller Motivation

Motivation Score38/100
Some motivation
Tenant-occupied90+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No
Not in a mapped liquefaction zone.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Spruce Elementary

South San Francisco Unified

0.4 miles away
Middle School

Parkway Heights Middle

South San Francisco Unified

0.6 miles away
High School

South San Francisco High

South San Francisco Unified

0.6 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

78/100

Based on recent sales velocity and local demand in 94080.

Flippability Score

50/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

1%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 6 recent multi-family sales in South San Francisco (94080): $338/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 5,700 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$3,135,000
New Build5,700 sqft
Total Capital Required$6,010,000
Estimated Resale (ARV)$2,023,500
Cost of Sale (5%)-$101,175
Carry (33mo @ 7%)-$838,338
Net Proceeds$1,083,988

Projected Profit

-$4,926,013
-82.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (South San Francisco 94080)

Sized to the modelled 5,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

Baden

Sold
$1,900,000
Sold: 2026-05-19
Lot: 7,000
Sqft: 7017
$/Sqft: $271

141 Gardiner Ave

Sold
$1,600,000
Sold: 2026-04-13
Lot: 5,000
Sqft: 4575
$/Sqft: $350

Grand Ave

Sold
$1,500,000
Sold: 2025-05-23
Lot: 7,000
Sqft: 4596
$/Sqft: $326

396 Susie Way

Sold
$1,860,000
Sold: 2025-02-27
Lot: 3,504
Sqft: 4767
$/Sqft: $390

421 Park Way

Sold
$1,025,000
Sold: 2024-12-20
Lot: 6,350
Sqft: 5966
$/Sqft: $172

376 Susie Way

Sold
$1,950,000
Sold: 2024-10-30
Lot: 3,354
Sqft: 4767
$/Sqft: $409