701 24th Avenue

    San Francisco, CA 94121
    • $1,999,999
    • STATUS: Active
    • ON SITE: 256 days
    • MLS #: 475489
    UPDATED: 8 min ago
    $1,999,999
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,990
      SQFT
    • $401
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Price Reduction! $250k per unit! The subject property consists of eight units located on the corner of 24nd Ave. and Balboa St. The unit mix is two 2Br/1Ba, two 1Br/1Ba and four studios. The property has great street frontage on a quiet intersection and units receive good sunlight and have great open layouts. Rents are well below market and offer an opportunity to realize tremendous upside in future rents. The property has been well maintained through the years. The roof was recently replaced. Units have separately metered gas and electric; owner pays trash and water. The property is on the S.F. soft story retrofit list and will require retrofit work to be completed. Plans have been submitted and approved and bid to complete the work has been obtained.

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    © 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 2019-05-20T15:20:00.163.
    www.sfhothomes.com/homes/87220383

    701 24th Avenue San Francisco, CA 94121

    • Price: $1,999,999
    • Status: Active
    • Updated: 8 min ago
    • MLS #: 475489
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    4,990
    SQFT
    $401
    $/SQFT
    1955
    Built
    Neighborhood:
    Central Richmond
    County:
    San Francisco
    Area:
    Central Richmond
    Property Description
    Price Reduction! $250k per unit! The subject property consists of eight units located on the corner of 24nd Ave. and Balboa St. The unit mix is two 2Br/1Ba, two 1Br/1Ba and four studios. The property has great street frontage on a quiet intersection and units receive good sunlight and have great open layouts. Rents are well below market and offer an opportunity to realize tremendous upside in future rents. The property has been well maintained through the years. The roof was recently replaced. Units have separately metered gas and electric; owner pays trash and water. The property is on the S.F. soft story retrofit list and will require retrofit work to be completed. Plans have been submitted and approved and bid to complete the work has been obtained.
    Exterior Features

    Indep Parking Spaces 0 Lot Measurement Sqft Lot Square Footage 2692.00 Parking Garage Parking Spaces 4 Tandem Parking Spaces 0

    Interior Features

    Commercial Units 0 Furnished Units 0 One Bedroom Units 2 Possible Bedrooms 0 Rooms 0 Studio Units 4 Three Plus Bedroom Units 0 Two Bedroom Units 2 Vacant 0

    Property Features

    Actual Or Scheduled Actual Cross Street Address Balboa District Sf District 1 Est Gross Income 105174 Est Total Expenses 48111.00 Possession Close Of Escrow Property Subtype 5 - 15 Units Scope Of Service Full Service Special Listing Conditions None Square Footage Source Tax No Autofill Unconfirmed Coop Fee 0.00

    Listing provided courtesy of Michael Johnston 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 2019-05-20T15:20:00.163.
     
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