$5,800,000
PENDING

Estimated payment $38,172/month

Total Views 11,509
20 Beds
-- Bath
20,400 Sq Ft
$284 Price per Sq Ft

Highlights

  • 5 Car Garage
  • Heating System Uses Steam
  • 4-minute walk to Lincoln Park Playground
  • Alamo Elementary School Rated A

About This Home

The Del Rey Apartments offer a unique chance to own a prime property in the highly desirable Richmond District. This stately corner building features 12 exceptionally spacious, house-like units, ideal for rentals or TIC conversions. The property includes 8 2bd/2ba, 3 1bd units, and 1 Penthouse. Seven units will be delivered vacant, providing immediate flexibility for new owners. The size and scale of these units are rare for San Francisco, with each featuring large separate living and dining rooms offering opportunities to expand bedroom counts or remodel with modern finishes and amenities. Many units enjoy panoramic views of the Richmond District, Golden Gate Bridge. The building showcases classic period details including hardwood floors, built-in cabinetry, and timeless architectural elements. Additionally, the building is serviced by an elevator, enhancing convenience for tenants. The garage provides parking for 5 cars, and a large basement offers ideal storage space for tenants or owners. Currently, the electrical system is being upgraded to 400 amps with new panels and breakers, ensuring the property is equipped for modern living. Tremendous opportunity for contractors or developers with an appreciation and understanding of this asset's tremendous potential.

Listing Agent

Adam Filly

Compass Commercial License #01354775

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,750 Sq Ft Lot

Parking

  • 5 Car Garage

Home Design

  • Concrete Foundation

Interior Spaces

  • 20,400 Sq Ft Home
  • 5-Story Property

Utilities

  • Heating System Uses Steam
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 1464-011

Community Details

Overview

  • 12 Units

Building Details

  • 5 Leased Units
  • 7 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Levels: Five or More
  • Year Built: 1927
  • Special Features: UnderContract
  • Stories: 0

Interior Features

  • Number Of Rooms: 52
  • Price Per Square Foot: 284.31
  • Square Footage: 20400.00

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Garage Spaces: 5.00
  • Parking Features: Garage
  • Total Parking Spaces: 5.00
  • Covered Parking Spaces: 5.00

Utilities

  • Heating: Steam

Fee Information

  • Utilities Expenses: 55050

Lot Info

  • Assessor Parcel Number: 1464-011
  • Lot Features: None
  • Lot Size Acres: 0.1320
  • Lot Size Sq Ft: 5750.00
  • Lot Size Units: SqFt
  • Price Per Acre: 43939393.94

Building Info

  • Number of Units Total: 12

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 7
  • Gross Rent Multiplier: 11.44
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 4
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 8
  • Number Of Units Leased: 5
  • Separate Meters: Electricity

Map

Range of Values:

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Average Value
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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
04/18/2025 04/18/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $5,800,000 0.0% $284 / Sq Ft
03/31/2025 03/31/25 Off Market $5,800,000 -- --
03/17/2025 03/17/25 For Sale $5,800,000 0.0% $284 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
09/19/2024 09/19/24 For Sale $5,800,000 -- $284 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 424066875

San Francisco Association of REALTORS® MLS