
Seller's Agent in 2022
Adam Filly
Compass Commercial
(415) 516-9843
4 in this area
99 Total Sales
Constructed in 1925, this excellent offering consists of 7 large 1bd apartments. Behind the classic Marina-style facade tenants enter into an attractive lobby. These oversize units boast high-ceilings, hardwood floors, and period charm. The scale of the units provides the possibility of converting these to 2bd. There is a one-car garage that is currently rented to a non-resident of the building. The owners completed the soft-story seismic retrofit in 2019. The units are separately metered for gas and electricity, and heat is supplied through wall-heaters. There is a large rear yard for tenants to enjoy. The property has been owned by the same family for many years and is professionally managed. There is 77% upside in the current rents when taking into consideration the possibility of converting to 2bd. Amazing value at only $353/square foot in one of the city's best rental locations!
Last Agent to Sell the Property
Compass Commercial License #01354775 Listed on: 09/21/2022
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/25/2022 10/25/22 | Sold | $2,375,000 | -8.5% | $323 / Sq Ft |
10/10/2022 10/10/22 | Pending | -- | -- | -- |
10/10/2022 10/10/22 | For Sale | $2,595,000 | 0.0% | $353 / Sq Ft |
10/04/2022 10/04/22 | Pending | -- | -- | -- |
09/21/2022 09/21/22 | For Sale | $2,595,000 | -- | $353 / Sq Ft |
Seller's Agent in 2022
Adam Filly
Compass Commercial
(415) 516-9843
4 in this area
99 Total Sales
Source: San Francisco Association of REALTORS® MLS
MLS Number: 422696553