1626-28 Folsom Street

    San Francisco, CA 94103
    • $2,800,000
    • STATUS: Active
    • ON SITE: 107 days
    • MLS #: 479423
    UPDATED: 42 min ago
    $2,800,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,696
      SQFT
    • $758
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1906
    County:

    School Ratings & Info

    Description

    Updated duplex zoned residential & commercial to be delivered vacant. An upper 3-5 bedroom unit & a lower 2 bedroom unit + a commercial space, gives rare flexibility to have a home & business (office, retail, medical, art, child care, cannabis & light manufacturing are allowed). Commercial space can be up to 1400 s.f. There is a shared yard & a deck for the upper unit. Bright, tasteful units with in-unit laundry, new kitchens/baths and new appliances. Wiring for internet, cameras & a hot tub. 1-2 cars can fit in the garage & 1 outside. Strong SOMA rents are projected at $7,500 for the top, $5,500 for the lower & $3,000 for the commercial space ($192,000/year, 14.5 GRM, 5.4% cap rate). Duplexes can convert to condos after 1 year. Target, CVS, & Starbucks stores are coming at 1690 Folsom, bringing good foot traffic. Walk to the Mission & Hayes Valley a few blocks away. New homes are being built a block away, improving the neighborhood and property values. Nearby dispensary is closing.

    Monthly Payment Calculator



    © 2019 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 Keller Williams San Francisco. Data last updated 2019-07-21T15:20:22.26.
    www.sfhothomes.com/homes/93366178

    1626-28 Folsom Street San Francisco, CA 94103

    • Price: $2,800,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 479423
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    3,696
    SQFT
    $758
    $/SQFT
    1906
    Built
    Neighborhood:
    South Of Market
    County:
    San Francisco
    Area:
    South Of Market
    Property Description
    Updated duplex zoned residential & commercial to be delivered vacant. An upper 3-5 bedroom unit & a lower 2 bedroom unit + a commercial space, gives rare flexibility to have a home & business (office, retail, medical, art, child care, cannabis & light manufacturing are allowed). Commercial space can be up to 1400 s.f. There is a shared yard & a deck for the upper unit. Bright, tasteful units with in-unit laundry, new kitchens/baths and new appliances. Wiring for internet, cameras & a hot tub. 1-2 cars can fit in the garage & 1 outside. Strong SOMA rents are projected at $7,500 for the top, $5,500 for the lower & $3,000 for the commercial space ($192,000/year, 14.5 GRM, 5.4% cap rate). Duplexes can convert to condos after 1 year. Target, CVS, & Starbucks stores are coming at 1690 Folsom, bringing good foot traffic. Walk to the Mission & Hayes Valley a few blocks away. New homes are being built a block away, improving the neighborhood and property values. Nearby dispensary is closing.
    Exterior Features

    Lot Measurement Sqft Lot Square Footage 2188.00 Parking Spaces 0 Truck Doors 0

    Interior Features

    Elevators 0 Floors1 0 Major Tenant Sq Ft 0 Net Rentable Sq Ft 0

    Property Features

    Cross Street Address 12th Street District Sf District 9 Est Gross Income 0 Est Total Annual Exp 0 Lease Type Net Square Footage Source Per Appraiser Tenants 0

    Listing provided courtesy of Shaban A Shakoori of Compass.


    © 2019 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 Keller Williams San Francisco. Data last updated 2019-07-21T15:20:22.26.
     
    Keller Williams San Francisco
    1624 California Street
    San Francisco CA, 94109