$2,400,000
SOLD FEB 28, 2025
13 Beds
-- Bath
7,416 Sq Ft
3,532 Sq Ft Lot

Recently Sold

$324 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • 2 Car Garage
  • 3-minute walk to Columbus And Lombard
  • 2-minute walk to Joe DiMaggio Playground
  • Garfield Elementary School Rated A-

About This Home

As of February 2025

For the first time in over 45 years, 2055-2059 Powell Street is on the market. Owned and meticulously maintained by the same family, this beautifully preserved North Beach building is full of charm and opportunity. Featuring six matching units with high ceilings, great natural light, and timeless appeal, it's ideal for investors seeking steady income in a prime location. The property also offers two vacant parking spaces, providing additional rental value, and an entire lower level perfect for another revenue-generating concept. Located in the heart of vibrant North Beach, surrounded by popular restaurants and attractions, this is a rare chance to own a historic, income-producing property with incredible upside potential. Don't miss this opportunity to invest in one of San Francisco's most sought-after neighborhoods!

Last Agent to Sell the Property

Susan Caccia

Vantage Realty License #02167104

Co-Listed By

Mary MacPherson

Vantage Realty License #01839976

Last Buyer's Agent

Molli Milner

Vantage Realty License #02066803

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 3,532 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 7,416 Sq Ft Home

Community Details

  • 7 Units
  • 7 Leased Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 0064-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1908
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 27
  • Price Per Square Foot: 323.62
  • Square Footage: 7416.00

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Covered, Garage
  • Total Parking Spaces: 2.00
  • Covered Parking Spaces: 2.00

Lot Info

  • Assessor Parcel Number: 0064-002
  • Lot Features: None
  • Lot Size Acres: 0.0811
  • Lot Size Sq Ft: 3532.00
  • Lot Size Units: SqFt
  • Price Per Acre: 29593094.94

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 7

Multi Family

  • Gross Rent Multiplier: 20.00
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 6
  • Number of 2 Bedroom Units: 6
  • Number Of Units Leased: 7

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $2,400,000 -4.0% $324 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $2,500,000 -- $337 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 425004041

San Francisco Association of REALTORS® MLS