$1,425,000
UNDER CONTRACT

Estimated payment $9,190/month

Total Views 1,207
2 Beds
-- Bath
3,030 Sq Ft
$470 Price per Sq Ft

Highlights

  • Victorian Architecture
  • Landscaped
  • Laundry Facilities
  • Terra Linda High School Rated A-
  • Baseboard Heating

About This Home

A Turnkey Investment with Victorian Charm and Modern Amenities. While originally built in 1895, the property was elevated with three new first floor units added in 1978. All existing wiring and plumbing was made new, and all on a new raised concrete slab foundation. Electrical panels are modern - No Federal Pacific or Zinsco here. A well-maintained and fully leased investment property offering stable income and long-term upside. The unit mix includes two spacious 1-bedroom apartments upstairs featuring high ceilings and updated kitchens, plus three generous lower-level studios each with a partitioned sleeping area and private entrance (Jr-1BR). Additional features include on-site laundry, tenant storage, and off-street parking. A landscaped garden enhances curb appeal along a quiet stretch of lower Lincoln Avenue close to downtown and transit. With stable tenancy and a desirable location, 1318 Lincoln offers both immediate cash flow and long-term value.

Listing Agent

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 06/28/2025

Golden Gate Sotheby's

Co-Listing Agent

Pamela Burke

Golden Gate Sotheby's License #02156257

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895 | Remodeled

Lot Details

  • 6,865 Sq Ft Lot
  • Landscaped

Home Design

  • Victorian Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,030 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Individual Gas Meter

Community Details

  • 5 Units
  • Laundry Facilities
  • Gross Income $116,200

Listing and Financial Details

  • Assessor Parcel Number 011-185-05

Property Details

Home Type

Multi-Family

Year Built

Built in 1895 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Lincoln Avenue, one block north of Mission.
  • Lot Size Acres: 0.1576
  • CapRate: 5.00
  • Levels: Two
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Victorian
  • Special Features: UnderContract

Interior Features

  • Square Footage: 3030.00
  • NumberOfBuildings: 1

Exterior Features

  • Construction Materials: Wood
  • Foundation: Slab
  • Lot Features: Landscape Front
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 5.00
  • OpenParkingSpaces: 5.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Baseboard
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 011-185-05
  • Lot Size Sq Ft: 6865.00

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1895

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 2055-2055
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number of Studio Units: 3
  • NumberOfUnitsTotal: 5
  • Number Studios Occupied: 3

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
07/21/2025 07/21/25 Price Changed $1,425,000 -8.1% $470 / Sq Ft
06/28/2025 06/28/25 For Sale $1,550,000 -- $512 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325059777

Bay Area Real Estate Information Services (BAREIS)

APN: 011-185-05