Pending

400 25th Avenue

San Francisco CA, 94121

$2,600,000


$454.70 per sqft

Pending

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 27, 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

23


Garage

Yes


Parking

Attached, Garage, Side By Side


Parking Total

8


View

No


County

San Francisco


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/27/2024

Pending

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 11/27/2024.

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 OUTPOST shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 11:49 PM UTC, 11/27/2024

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