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1531 Francisco Street

San Francisco, CA 94123
  • $4,450,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 422708653
UPDATED: 53 min ago
$4,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,380
    SQFT
  • $827
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

1531 Francisco Street is an impeccable investment property located in the highly desirable Marina District of San Francisco. The property consists of 9 residential apartments over a ground floor garage and a large backyard area. The building, which sits above bedrock, was constructed in 1924 on a concrete foundation and has been seismically upgraded to meet city code requirements. Eight of the units are tenant occupied and one unit and garage will be delivered vacant at close of escrow. The property was recently re-roofed, painted, sprinklered on the ground floor and several units have been upgraded. In addition to these improvements, three of the large studio units have been converted into beautiful one-bedroom units with new kitchens and bathrooms. The remaining 5 studio units are future candidates for this upgrade as they turn over. Current ownership has begun the process of creating an ADU in the garage and storage areas and will convey all plans, drawings and progress.

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© 2022 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated 2022-12-06T11:20:33.637.
www.sfhothomes.com/homes/134828051
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1531 Francisco Street San Francisco, CA 94123

  • Price: $4,450,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 53 min ago
  • MLS #: 422708653
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,380
SQFT
$827
$/SQFT
1924
Built
Neighborhood:
Marina
County:
San Francisco
Area:
Sf District 7
Property Description
1531 Francisco Street is an impeccable investment property located in the highly desirable Marina District of San Francisco. The property consists of 9 residential apartments over a ground floor garage and a large backyard area. The building, which sits above bedrock, was constructed in 1924 on a concrete foundation and has been seismically upgraded to meet city code requirements. Eight of the units are tenant occupied and one unit and garage will be delivered vacant at close of escrow. The property was recently re-roofed, painted, sprinklered on the ground floor and several units have been upgraded. In addition to these improvements, three of the large studio units have been converted into beautiful one-bedroom units with new kitchens and bathrooms. The remaining 5 studio units are future candidates for this upgrade as they turn over. Current ownership has begun the process of creating an ADU in the garage and storage areas and will convey all plans, drawings and progress.
Exterior Features

Architectural Style Edwardian Construction Materials StuccoWood Siding Foundation Details Concrete Independent Parking Spaces 0 Lot Features None Parking Features Garage Parking Total 2 Roof Bitumen Tandem Parking Spaces 2

Interior Features

Basement Apartment In BasementStorage Area Laundry Features In Common Area Rooms Total 19 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 0 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2of Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3of Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4of Rooms 0 Window Features Bay Window(S)

Property Features

Cap Rate 4.42 Number Of Units Vacant 0 Property Sub Type 5 Or More Units Separate Meters ElectricityGas Special Listing Conditions None Subtype Description Apartments Unit Type Commercial Units Total 0 Unit Type Studio Units Total 5 Unit Type1 Bedroom Units Total 4 Unit Type2 Bedroom Units Total 0 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 0 Unit2 Rent 0 Unit2 Rent1 0 Unit4 Rent 0

Listing provided courtesy of Clinton Textor of Marcus & Millichap: .


© 2022 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated 2022-12-06T11:20:33.637.
 
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EXP Realty
75 Broadway Suite #202
San Francisco CA, 94111