A very well located 13 unit corner apartment building located in the Inner Richmond, one of the most popular neighborhoods in San Francisco. Constructed in 1923, this classic building consists of 9 large four room one bedroom units with dining room, 3 large three room one bedroom units and 1 junior one bedroom unit. The spacious
apartments have nice floorplans, large rooms, plenty of closet space and good natural light. There are a total of 3 large enclosed off-street parking spaces and a large ground floor storage area with potential for ADU’S. The parking spaces and other ground level areas will be delivered vacant. We recommend that prospective buyers consider and analyze the possibility of Accessory Dwelling Units (ADU’s) in the garage area and other vacant ground floor areas, as well as the possibility of converting the large one bedrooms into 2 or 3 bedroom apartments. All units have separate gas and electric meters. Steam heat is provided by the owner. Recent improvements include seismic work, steam boiler replacement and sewer lateral replacement. The building has been removed from the City of San Francisco’s Soft Story List. Huge upside in the rents.
This attractive building, located in the highly desirable Inner Richmond, is within walking distance to California Street, Clement Street and Geary Boulevard, which have many retail shops, restaurants and bars. Shopping and other services are nearby in the Laurel District Shopping Center as well as on Sacramento Street in Presidio Heights. Additionally, the building is conveniently located to the Presidio, Golden Gate Park, Baker and Ocean Beaches. Public transportation stops via Muni are nearby, giving great and quick access to the Financial District, Downtown and the rest of the City. The Golden Gate Bridge is within a short driving distance allowing easy access to Marin County and the Wine Country. Park Presidio, two blocks away, is easily accessed leading to 19th Avenue and Interstate 280 south to the Peninsula, Half Moon Bay and San Jose.