Sold
Closed
1961 Jefferson Street
San Francisco CA, 94123
$3,580,000
$606.99 per sqft
Sold
Closed
3 Beds
5,898 sqft
Multi-family
Built in 1927
1961 Jefferson Street is a classic Marina-Style apartment building located in one of the city's best rental locations. Only one block from the water, this is a location that will always be in high-demand. The building consists of three 1bd and six studio apartments. The units have high ceilings, hardwood floors, built-in cabinets, large closets, and spacious floor plans. There are four parking spaces at the rear of the lot that are accessed through the garage. There is coin laundry in the garage for tenant's convenience. The four units that will be delivered vacant are in excellent condition and ready to be rented. A 5th unit has given notice to vacate 5/31/23. The soft-story seismic retrofit has been completed. The property has been maintained to a high-standard and shows little deferred maintenance. This premium location provides tenants easy access to Crissy Field, Marina Green, Fort Mason,Palace of Fine Arts, and the shopping, restaurants, and nightlife on Chestnut Street. This is an extremely rare opportunity to purchase a turn-key asset in a world-class location. Priced to sell at 13.1GRM|4.9% Cap Rate!
423734255
MLSⓇ ID
April 14, 2023
Listed
November 22, 2024
Updated
Map
1961 Jefferson Street
San Francisco CA, 94123
Interior Features
Total Stories
0
Bedrooms
3
Laundry Description
Coin Operated, Common Area
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.09 Acres
Lot Features
None
Architectual Style
Marina
Other Property Details
Area Name
SF District 7
Garage
Yes
Garage Spaces
4
Parking
Carport, Covered, Garage
Parking Total
4
View
No
County
San Francisco
Pool
No
Listing History
Date | Event | Price |
---|---|---|
7/13/2023 | Price change | $3,580,000 -6% |
7/13/2023 | Sold | $3,580,000 |
5/4/2023 | Pending | — |
Bought with Adam D Filly with Compass Commercial and Listed by Adam D Filly (DRE #DRE #01354775) with Compass Commercial
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 11/22/2024.
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Data last updated 10:37 PM UTC, 11/22/2024