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Key Details
Sold Price $2,575,111
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $572
MLS Listing ID ML81879352
Sold Date 03/11/22
Bedrooms 4
Full Baths 4
Year Built 1929
Lot Size 3,000 Sqft
Property Description
Great investment opportunity providing a steady income stream. Charming 6-unit property with 1 additional unwarranted unit, studio. Stable rent, no rent forgiveness or deferred rent given these past two years. Unit mix is 4-1BD/1BA (400 sf - 600 sf) and 2-2BD/1BA (800 sf,) with two units having ocean views. One unit, 1 BD is vacant and on the market for lease. Additional income: parking $308/mo and coin-op laundry (owned) +/- $150/mo. Garage for 2-car tandem parking and storage closets/shelves. Roof (14,) retrofit (18,) and water heaters (14) completed and units have been upgraded throughout since 2014. 6 individual utility meters and 1 common area meter. Located in the Sunset, a 5-minute walk to the L Taraval MUNI line.
Location
State CA
County San Francisco
Area 2 - Parkside
Zoning RH1
Rooms
Other Rooms Storage
Kitchen Cooktop - Gas, Countertop - Granite
Interior
Heating Space Heater, Wall Furnace
Cooling None
Flooring Hardwood, Tile, Vinyl / Linoleum
Laundry Coin Operated
Exterior
Exterior Feature Back Yard, Fenced
Parking Features Attached Garage, Off-Street Parking
Garage Spaces 2.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
View Ocean
Roof Type Tar and Gravel
Building
Lot Description Grade - Level
Foundation Concrete Perimeter and Slab, Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions Pets - Not Allowed
Tax ID 2356-007
Security Features Fire Alarm
Special Listing Condition Not Applicable
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Bought with Timothy Fong • Compass