1700 Octavia St San Francisco, CA 94109
Lower Pacific Heights Neighborhood
16
Beds
--
Bath
22,300
Sq Ft
3,600
Sq Ft Lot
Highlights
- Views of San Francisco
- Wood Flooring
- 5 Car Garage
- Sherman Elementary Rated A-
- Bay Window
- Heating System Uses Steam
About This Home
As of December 2024First time on the market in 25+ years. 1700 Octavia Street is a stunning 35-unit building located in Lower Pacific Heights on the corner of Octavia and Bush Streets. Constructed in 1927, the 7-story concrete building is comprised of one (1) 2-bedroom/1 bathroom, fourteen (14) 1-bedroom/1 bathroom units, and twenty (20) studio units. The corner, two-bedroom unit was tastefully converted from a 1-bedroom. There are banked rents dating back to 2017 which will increase the gross income from $829k to $878k annually. All 35 units face West with expansive views. There is garage parking for five (5) cars. All floors are serviced by an elevator. The units are separately metered for gas and electricity. Lafayette Park, Japantown, Fillmore Street, and Whole Foods are all within a 10-minute walk. Priced at 11.1 GRM and $278k/unit,1700 Octavia Street presents an opportunity to own a true trophy apartment building in the heart of San Francisco.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 3,600 Sq Ft Lot
Parking
- 5 Car Garage
Property Views
- San Francisco
- Downtown
Home Design
- Concrete Foundation
Interior Spaces
- 22,300 Sq Ft Home
- 5-Story Property
- Bay Window
- Wood Flooring
Utilities
- Heating System Uses Steam
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 0664-017
Community Details
Building Details
- 31 Leased Units
- 4 Vacant Units
Additional Features
- 35 Units
- Coin Laundry
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $8,425,000 | -13.6% | $378 / Sq Ft |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 05/31/2024 05/31/24 | For Sale | $9,750,000 | -- | $437 / Sq Ft |
Source: San Francisco Association of REALTORS® MLS
Similar Home in San Francisco, CA
Source: San Francisco Association of REALTORS® MLS
MLS Number: 424037849
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