$2,750,000
PENDING

Estimated payment $18,099/month

Total Views 5,073
1 Bed
-- Bath
8,640 Sq Ft
$318 Price per Sq Ft

Highlights

  • City Lights View
  • 2-minute walk to 16Th Street Mission Station
  • Security Gate
  • Hoover (Herbert) Middle School Rated A-
  • Bay Window
  • Coin Laundry

About This Home

14-unit investment property in the vibrant Mission neighborhood. There are 12 studios, 1 ground floor commercial and 1 live/work style 1-bedroom on the ground floor. Significant upgrades in the last decade enhancing the overall building value and reducing future maintenance costs. Soft story retrofit completed with new steel beams, new concrete footings, a complete basement upgrade with a laundry area. Several of the residential units have been remodeled, with modern finishes and stainless steel appliances. There have been major remodels to units #6, #8, and the live/work space. In addition the building has new exterior paint and a rebuilt back deck and stairs. Unit #4 will be delivered vacant, presenting a valuable opportunity for a new owner to further enhance the building's appeal and increase its rental income.

Listing Agent

Mark Bonn

Compass Commercial License #01008844

Compass Commercial

Co-Listing Agent

Mirella Webb

Compass Commercial License #01409540

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,520 Sq Ft Lot
  • Level Lot

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Concrete Foundation
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 8,640 Sq Ft Home
  • 3-Story Property
  • Bay Window
  • City Lights Views
  • Partial Basement

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Separate Meters
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3552-015

Community Details

Building Details

  • 13 Leased Units
  • 1 Vacant Unit

Additional Features

  • 14 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Mixed Use
  • Property Condition: Varies By Unit
  • Levels: Three
  • Other Equipment: None
  • Year Built: 1923
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Partial, Storage Area
  • Number Of Rooms: 26
  • Appliances: Varies By Unit
  • Flooring: Varies By Unit
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 318.29
  • Square Footage: 8640.00
  • Window Features: Bay Window(s), Varies By Unit

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Foundation: Concrete
  • Roof: Bitumen, Flat
  • View: City Lights

Utilities

  • Cooling: None
  • Heating: Varies By Unit
  • Security Features: Carbon Mon Detector, Security Gate, Smoke Detector, Varies By Unit
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Natural Gas Connected
  • Water Source: Public

Fee Information

  • Utilities Expenses: 26500

Lot Info

  • Assessor Parcel Number: 3552-015
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.0808
  • Lot Size Sq Ft: 3520.00
  • Lot Size Units: SqFt
  • Price Per Acre: 34034653.47
  • Topography: Level
  • Zoning: M1

Rental Info

  • Lease Term: Varies By Unit
  • Tenant Pays: Cable TV, Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 14

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 8.75
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number of Studio Units: 12
  • Number Of Units Leased: 13
  • Number Studios Occupied: 11
  • Separate Meters: Electricity, Gas

Map

Range of Values:

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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 Pending -- -- --
02/05/2025 02/05/25 Price Changed $2,750,000 -1.8% $318 / Sq Ft
02/05/2025 02/05/25 For Sale $2,800,000 0.0% $324 / Sq Ft
01/31/2025 01/31/25 Off Market $2,800,000 -- --
10/26/2024 10/26/24 For Sale $2,800,000 +14.3% $324 / Sq Ft
10/08/2013 10/08/13 Sold $2,450,000 0.0% $284 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $2,450,000 -- $284 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 424075996

San Francisco Association of REALTORS® MLS