$2,208,000
SOLD SEP 25, 2024
24 Beds
-- Bath
-- Sq Ft
3,659 Sq Ft Lot

Recently Sold

21% Below List Price

50 Days on Market

About This Home

As of September 2024

511 Leavenworth is an attractive Downtown San Francisco property consisting of 17 units. The building consists of 8 studios and 8 one-bedroom units plus a small commercial store front. In addition, there is a garage with allows for 7 car parking. This attractive property is located on Leavenworth Street between O'Farrell and Geary in the Downtown district. It is walking distance to Union Square, the nearby Civic Center, and shopping, hospitals, restaurants, retail and many other options. Public transportation opportunities are excellent. Significant is the fact that there have been over $1,000,000 in renovations in 2005 which include updated wiring, plumbing, roofing, skylights and many other updates. The majority of the units were updated at that time. Constructed in 1921, the building measures 11,352 square feet per appraisal. The property is separately metered for gas and electric. Heat is provided by a steam heat boiler. There is a washer/dryer combination in the basement area The low frequency fire alarm horns have been installed as well. 511 Leavenworth offers investors tremendous upside potential and considerable upgrades in a Downtown property which has been professionally managed.

Last Agent to Sell the Property

Gino Franco

Marcus & Millichap License #02027839

Co-Listed By

Sanford Skeie

Marcus & Millichap License #00982336

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,659 Sq Ft Lot

Parking

  • 7 Car Garage

Listing and Financial Details

  • Assessor Parcel Number 0319-005

Community Details

Overview

  • 17 Units

Building Details

  • 16 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1921
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 40

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 7.00

Lot Info

  • Assessor Parcel Number: 0319-005
  • Lot Features: None
  • Lot Size Acres: 0.0840
  • Lot Size Sq Ft: 3659.00
  • Lot Size Units: SqFt
  • Price Per Acre: 26285714.29

Building Info

  • Number of Units Total: 17

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 6.64
  • Number Of1 Bedrooms Occupied: 7
  • Number of 1 Bedroom Units: 8
  • Number of 2 Bedroom Units: 8
  • Number Of Units Leased: 16
  • Number Studios Occupied: 8

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
09/25/2024 09/25/24 Sold $2,208,000 -21.1% --
08/16/2024 08/16/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $2,800,000 -- --
Source: San Francisco Association of REALTORS® MLS

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424045381

San Francisco Association of REALTORS® MLS