2006: $600k. 2008: $300k. 2010? Affordable housing in San Bruno
1058 Montgomery Ave, San Bruno 94066 (Live Oak)
$299,900
* Status: Active
* Bedroom: 2
* Bathroom: 1
* Year Built: 1948
* Lot Size: 2500
* Square Footage: 722
* List Date: 5/2/2008
* Garage Spaces: 1
* MLS#: 806475Description of 1058 Montgomery Ave, San Bruno
Great value for the price. Cozy home for small family or investor. Needs some work and TLC . Priced to sell. Property will be sold ” as is” Seller will not pay for home warranty or survey. Located near Freeway and Airport and local industrial area.
This house sold in 2006 for $600,000. Now it’s on the market for $299,900. Now granted, we don’t know how overbid this house will get – it could get pretty crazy, but still I have feeling it might not clear $600k.
And if that happens, that’s fantastic for you – you whiny buyer always complaining that real estate is unaffordable! Finally, here is your chance to get in before the Fall Bounce takes place. Once that happens, the lucky owner of this house, who will have amazing access to 380 will see up to $300k of instant equity. Just look at how close it is South San Francisco, the city of industry and the heart of biotech!
Didn’t you hear? San Bruno is the next up and comer. And all it needs is a little work and it’ll be set for move in:
Sweet! It even comes with a fridge in the garage! Especially with food prices going where they are today, this is a great opportunity for you to stock up as well!
It’s only a matter of time before the next big blockbuster drug comes out to finally solve Restless Leg Syndrome – and you know it’s going to be from the Bay Area. When that happens: boom. You will be one friggin’ rich San Bruno homeowner. What are you waiting for?
June 5th, 2008 at 8:29 am
According to Property Shark, 1058 Montgomery Ave last sold on 2/25/2008 for $425,000.
June 5th, 2008 at 8:32 am
I just ran a search for the property and it looks like 1058 Montgomery Ave last sold on 2/25/2008 for $425,000.
June 5th, 2008 at 8:55 am
Wow, talk about location! You’re conveniently located steps past runway 28R. I’ve flown over that house many times. I’ll be changing planes there on my way to Tahoe in a few weeks, so I’ll make sure to wave down.
June 5th, 2008 at 11:02 am
You weren’t kidding about easy freeway access! Your map shows this property in the middle of 380. Are they going to tear it down when they build a BART extension in the year 2062?
June 5th, 2008 at 11:38 am
It’s actually sandwiched in between the Caltrain tracks, 380, a whole bunch of auto-body shops on San Mateo Ave, and the airport, and it’s walking distance to the San Bruno BART station and the Tanforan mall. Sounds like a nice quiet neighborhood to me.
June 5th, 2008 at 12:20 pm
In the picture with red curtain: Is that a Disney’s Monster Inc style door, which takes you to the darkness of outer space? Probably an entry to black hole?