$3,950,000

Estimated payment $25,766/month

Total Views 8,253
6 Beds
-- Bath
8,835 Sq Ft
$447 Price per Sq Ft

Highlights

  • Edwardian Architecture
  • Wood Flooring
  • Storage
  • Sutro Elementary School Rated A-
  • 14 Car Attached Garage
  • Level Lot

About This Home

Rarely available 14-unit apartment building in prime Presidio Heights. There are 8 1-bedrooms & 6 studios & 10-car parking in garages at the front & rear of the building & open space at the rear accessed by a driveway on the west side of the property & 4 of the 6 enclosed garage spaces would hold 2 cars in tandem The units are stacked on three levels. They have gas stoves and each unit has its own heater, 6 have gas furnaces and 8 have electric wall heaters. This is a fine investment with potential for adding ADUs and/or tenants-in-common ownership. The building is a detached wood-framed apartment building in a desirable location with access to good transportation. It was constructed originally as 6 flats at the northeast corner of 2nd Avenue and Lake Street in 1909 by noted architects Henry H. Meyers and Clarence Ward. It was moved to its present location in 1925 to accommodate the building of Temple Emanu-El and reconfigured in 1943 into 14 apartments. The soft-story work has been done. It has been owned by the same family for over 100 years.

Listing Agent

Donald Sambucci

Sotheby's International Realty License #00595185 Listed on: 02/06/2025

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 6,657 Sq Ft Lot
  • Level Lot

Home Design

  • Edwardian Architecture
  • Flat Roof Shape
  • Tar and Gravel Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,835 Sq Ft Home
  • 3-Story Property
  • Storage
  • Wood Flooring
  • Free-Standing Gas Oven

Parking

  • 14 Car Attached Garage
  • 10 Open Parking Spaces
  • 4 Carport Spaces
  • Garage Door Opener

Utilities

  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1015-035

Community Details

Overview

  • 14 Units

Building Details

  • 3 Vacant Units
  • 11 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Edwardian
  • Property Condition: Varies By Unit
  • Stories: 3
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Basement: Storage Area
  • Number Of Rooms: 36
  • Appliances: Free Standing Gas Oven, Free Standing Refrigerator
  • Flooring: Wood
  • Interior Amenities: Storage Area(s)
  • Price Per Square Foot: 447.09
  • Square Footage: 8835.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete Perimeter
  • Roof: Flat, Tar/Gravel
  • View: Varies By Unit

Garage/Parking

  • Carport Spaces: 4.00
  • Parking Features: Attached, Garage, Garage Door Opener, Uncovered
  • Total Parking Spaces: 14.00
  • Covered Parking Spaces: 6.00
  • Independent Parking Spaces: 10
  • Tandem Parking Spaces: 8

Utilities

  • Heating: Electric, Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Utilities Expenses: 25922

Lot Info

  • Assessor Parcel Number: 1015-035
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.1528
  • Lot Size Sq Ft: 6657.00
  • Lot Size Units: SqFt
  • Price Per Acre: 25850785.34
  • Topography: Level

Rental Info

  • Lease Term: Month To Month
  • Number Of Units Month To Month: 11
  • Units Furnished: None

Building Info

  • Number of Units Total: 14

Multi Family

  • Number Of Units Vacant: 3
  • Gross Rent Multiplier: 11.72
  • 1 Bedroom Rent Range: 665-2,600
  • Gross Income Multiplier: 12.600
  • Number Of1 Bedrooms Occupied: 3
  • Number of 1 Bedroom Units: 6
  • Number of Studio Units: 8
  • Number Studios Occupied: 3
  • Studio Rent Range: 800-2,300
  • Total Number Leasable: 14

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
02/19/2025 02/19/25 Price Changed $3,950,000 -7.1% $447 / Sq Ft
02/06/2025 02/06/25 For Sale $4,250,000 -- $481 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 425009278

San Francisco Association of REALTORS® MLS