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ActiveMulti-Family

$3,588,000

502-508A Commercial Ave, South San Francisco 94080

Beds7
Baths--
Sqft6,102
DOM176
No Photos Available

AddressIntel AI Briefing

The optimal play here is a comprehensive teardown-and-mansionize or conversion to high-density multi-family use, given the property's massive layout and flexible location. The high asking price requires a sophisticated build execution to realize the underlying land value. Developers must navigate the lack of modern utility connections during the planning phase.

Property Permit History

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

Recent Neighborhood Remodeling (South San Francisco)

2026-10-21 • 121 RAMONA AVE
Residential Building - Alteration
--Inspection
2026-10-21 • 718 PARK WAY
Building Permit Revision
--Closed
2026-10-20 • 144 COUNTRY CLUB DR
Residential Building - Alteration
--Inspection
2026-10-20 • 140 SAN FELIPE AVE
Sewer Lateral
--Inspection
2026-10-20 • 251 RAINIER AVE
Sewer Lateral
--Inspection
2026-10-19 • 717 SOUTHWOOD DR
Residential Building - Addition
--Inspection

Parcel & Zoning Info

APN012272570
Official Lot Sqft5,390
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Seller Motivation

Motivation Score30/100
Some motivation
90+ 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

0.3 miles away
Middle School

Parkway Heights Middle

South San Francisco Unified

0.8 miles away
High School

South San Francisco High

South San Francisco Unified

0.7 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

45/100

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 4 recent multi-family sales in South San Francisco (94080): $272/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 9,200 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$5,060,000
New Build9,200 sqft
Total Capital Required$8,823,000
Estimated Resale (ARV)$2,631,200
Cost of Sale (5%)-$131,560
Carry (33mo @ 7%)-$1,194,559
Net Proceeds$1,305,081

Projected Profit

-$7,517,919
-85.2% ROI

Warning: Project is mathematically underwater.

Recent Comparables (South San Francisco 94080)

Sized to the modelled 9,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

Baden

Sold
$2,800,000
Sold: 2026-06-04
Lot: 7,000
Sqft: 7924
$/Sqft: $353

Baden

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

656 Commercial Ave

Sold
$1,951,926
Sold: 2025-12-12
Lot: 7,000
Sqft: 7134
$/Sqft: $274

300 Orange Ave

Sold
$826,000
Sold: 2025-06-03
Lot: 7,000
Sqft: 9947
$/Sqft: $83