Active
400 25th Avenue
San Francisco CA, 94121
$2,600,000
$454.70 per sqft
Active
8 Beds
5,718 sqft
Multi-family
Built in 1961
Fantastic Investment Opportunity in the Heart of San Francisco's Vibrant Richmond District! This 8-Unit residential income property is situated at the corner of 25th Ave and Clement St, in the center of the bustling Richmond District. Each unit is spacious with a 1-Bedroom and 1-Bathroom configuration, 1-Car garage parking, and separate storage room. The building shows pride of ownership with updated kitchens and bathrooms as well as low operating expenses. Seismic retrofit work was completed in 2016. The Richmond District is known for its cultural diversity, proximity to Golden Gate Park, the Presidio, Baker Beach, Ocean Beach and home to an array of cafes, restaurants, boutique shops and easy access to public transit. This desirable location is an ideal draw for quality tenants and commands high level market rents. The building is fully occupied and demonstrates a stable rental history offering an investor steady cash flow with over $220K in actual gross rents yet still provides upside in future rental increases as well as long term value appreciation making it an ideal addition to any investment portfolio.
424078104
MLSⓇ ID
September 23, 2024
Listed
November 15, 2024
Updated
Map
400 25th Avenue
San Francisco CA, 94121
Interior Features
Total Stories
0
Bedrooms
8
Floor Description
Carpet, Tile, Vinyl, Wood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.07 Acres
Lot Features
Corner Lot
Architectual Style
Mid-Century
Roof
Asphalt, Flat
Sewer
Public Sewer
Other Property Details
Area Name
SF District 1
Days on Market
10
Garage
Yes
Parking
Attached, Garage, Side By Side
Parking Total
8
View
No
County
San Francisco
Water Source
Public
Pool
No
Open House Schedule
Fri, Nov 22nd
3:00 PM - 4:30 PM PST
Listed by Monica H Chung with Andersen, Jung & Co.
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. Data last updated on 11/15/2024.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Next Gen Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 San Francisco Association of REALTORS. All rights reserved.
Data last updated 1:38 AM UTC, 11/15/2024