$1,650,000

Estimated payment $10,860/month

Total Views 7,463
-- Bed
-- Bath
4,553 Sq Ft
$362 Price per Sq Ft

Highlights

  • Security Gate
  • Marina Middle School Rated A-
  • Heating System Uses Steam

About This Home

Exceptional investment with 10 studio apartments and 1 commercial space. The property consist of 4,553 SF and masonry construction built in 1916, which was seismically retrofitted in 2003. The property is zoned RC-4 and offers stability with 100% occupancy and substantial immediate banked rents available for the new owner to implement. No residential unit has received a rent increase during the entire tenancy. Well maintained property by long time owner. The property is currently master metered for PG&E with a newer individual metered service ready to hook-up upon turnover.

Listing Agent

Steven Caravelli

Coldwell Banker Commercial Rea License #00879834

Coldwell Banker Commercial Rea

Co-Listing Agent

Kevin Caravelli

Coldwell Banker Commercial Rea License #01988049

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Home Design

  • Concrete Foundation
  • Composition Roof
  • Masonry

Interior Spaces

  • 4,553 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Security Gate

Additional Features

  • 2,070 Sq Ft Lot
  • Heating System Uses Steam

Community Details

  • 11 Units
  • 11 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 0302-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Property Condition: Varies By Unit
  • Stories: 3
  • Year Built: 1916
  • Number Commercial Units: 1
  • Special Features: None

Interior Features

  • Basement: Full
  • Number Of Rooms: 21
  • Price Per Square Foot: 362.40
  • Square Footage: 4553.00

Exterior Features

  • Construction Materials: Masonry
  • Foundation: Concrete
  • Roof: Composition

Utilities

  • Heating: Steam
  • Security Features: Security Gate
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public

Fee Information

  • Utilities Expenses: 19980

Lot Info

  • Assessor Parcel Number: 0302-016
  • Lot Features: Sidewalk
  • Lot Size Acres: 0.0475
  • Lot Size Sq Ft: 2070.00
  • Lot Size Units: SqFt
  • Price Per Acre: 34736842.11
  • Zoning: RC-4

Building Info

  • Number of Units Total: 11

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 11.28
  • Number of Studio Units: 10
  • Number Of Units Leased: 11
  • Number Studios Occupied: 10

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
03/27/2025 03/27/25 Price Changed $1,650,000 -5.7% $362 / Sq Ft
02/13/2025 02/13/25 Price Changed $1,749,000 -2.6% $384 / Sq Ft
02/04/2025 02/04/25 Price Changed $1,795,000 -4.3% $394 / Sq Ft
11/21/2024 11/21/24 For Sale $1,875,000 -- $412 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 424081217

San Francisco Association of REALTORS® MLS