WEST COAST REALTY & FINANCE
  • Home
  • Buying
  • Selling
  • First-Time Home Buyers
  • Blog
  • Contact
  • Testimonials

Real Estate in South San Francisco, CA

4/6/2015

0 Comments

 
South San Francisco is a city in San Mateo County, California, United States, located on the San Francisco Peninsula in the San Francisco Bay Area. The population was 63,632 at the 2010 census.

South San Francisco lies north of San Bruno and San Francisco International Airport in a small valley south of Daly City, Colma, Brisbane, and San Bruno Mountain, east of Pacifica and the hills of the Coast Range, and west of the waters of San Francisco Bay. Locals often refer to the town as "South City," in much the same way that San Francisco is called "The City." Despite its name, the South San Francisco does not border San Francisco, with Brisbane being between them.

Most of the valley faces San Francisco Bay, affording bay views from higher levels. South San Francisco has mild winters and dry cool summers. The hills to the west shield the city from much of the fog that prevails in neighboring areas.

The population has tripled since World War II with the opening of such subdivisions as Buri Buri, Winston Manor and Westborough on the slopes west of El Camino; it grew from 4,411 in 1920 to 66,174 in 2013.

The city is noted for the South San Francisco Hillside Sign on Sign Hill, which rises to the north of the city, with large white letters that proclaim "South San Francisco, The Industrial City". The sign, a tribute to the city's industrial past, is listed on the National Register of Historic Places.



Much of what is now South San Francisco was initially agricultural land, and was originally known as Baden. Small pockets of farmland still exist near San Bruno Mountain, but these lands are disappearing quickly because of the demand for housing and retail development. Acres of Orchids, founded by the Rod McLellan Company in the late 1920s, was one such victim of housing development. Once one of the largest facilities in the United States producing orchids and gardenias, the nursery closed in 1998.[18] A new housing tract now sits upon the land formerly occupied by Acres of Orchids greenhouses, off El Camino near Hickey.

The flat land east of Bayshore Freeway (US 101) is the R&D Campus of South San Francisco and carries on the tradition of the moniker on Sign Hill, "The Industrial City." South San Francisco's office parks and industrial zoning are favorable to meet needs of industry, and the property taxes levied from the extensive industrial park provide revenues for the city.  South San Francisco is home to one Fortune 500 company, food wholesaler Core-Mark.

South San Francisco is home to Genentech, one of the world's largest biotech companies, as well as a satellite office of Amgen, the world's largest biotech firm. Many other biotech companies, such as Exelixis, have also started or moved to South San Francisco to be in proximity to the UCSF, Stanford University, and UC Berkeley; all are within a one hour's drive. A Genentech-sponsored sign declares South San Francisco as the "Birthplace of Biotechnology.

The headquarters and factory of See's Candies is located in South San Francisco.  Air China operates an office in South San Francisco.

Galoob had its headquarters in South San Francisco before Hasbro bought the company in 1998.  Hudson Soft USA, a subsidiary of Hudson Soft, and Sanrio, Inc., had its headquarters in South San Francisco.

It is predicted that home values in South San Francisco will increase 4.9% next year.

Foreclosures will be a factor impacting home values in the next several years. In South San Francisco, the number of foreclosures waiting to be sold is 72.4% less than the national average. This lower local number may cause home values in South San Francisco, CA to rise quicker than other cities.





0 Comments



Leave a Reply.

    Archives

    November 2024
    August 2023
    April 2022
    January 2022
    July 2021
    June 2021
    May 2021
    April 2021
    February 2021
    October 2015
    September 2015
    April 2015
    January 2014
    September 2013
    May 2013
    March 2013
    January 2013
    November 2012
    October 2012
    September 2012
    August 2012

    Categories

    All
    2013
    Addition
    Building Permits
    Building Permits
    Buying
    Home
    Home Improvement
    Home Improvement
    House Flipping
    House Flipping
    Mortgage
    Purchase
    Real Estate
    Real Estate
    Refinance
    Rehab
    Remodel
    Selling
    Value

    RSS Feed

Contact Information
2308 Strivens Avenue
Modesto, CA 95350
Phone: 650-219-3703
Fax: 510-779-6686
CA DRE ID: 01902174
  • Home
  • Buying
  • Selling
  • First-Time Home Buyers
  • Blog
  • Contact
  • Testimonials