San Francisco, CA 94134
Listing Courtesy of: San Francisco Association Of Realtors / Pacific Heights / Matthew Hilzendrager

   San Francisco, CA 94134

Active (235 Days)
$1,695,000
4
BED
4
BATH
3,520
SQFT

Description

514-520 Visitacion Ave is a classic 1927 detached Art Deco 5+ unit building consisting of (4) spacious one bedroom & one bath apartments + a studio apartment at street level. Currently each apartment is tenant occupied (three longer term and two new leased). There are a pair of individual attached garages that may accommodate parking on each side at the front. Additionally, submitted architectural plans are awaiting full approval from the SF Department of Building Inspections to construct an ADU (1 bed + 1 bath) in one of the garages below. Earning over $100k gross rental income with minimal expenses (tenants pay PG&E + Recology) these 5 apartments yield a 4.1% cap rate. The Seismic retrofit compliance repairs have been completed and a new roof was installed in 2019. Each apartment provides natural light, wood and tiled floors, large living rooms which include a Murphy Bed in the closet + fireplace, and upgraded kitchens & baths, with the possibility to include an in-unit laundry set up. There is also a large shared concrete yard in the rear that could be reconfigured. Lots of upside potential to upgrade this classic SF investment to 6 or more units. Seller says bring offer!

MLS #:
423919766
Lot Size
3,507 SQFT
Type
Multifamily
Year Built
1927
Style
Contemporary, Art Deco
County
San Francisco County

Listed By

Matthew Hilzendrager, DRE #01371943 CA, Pacific Heights
Source
San Francisco Association Of Realtors
Last checked Sep 16 2024 at 7:12 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Windows: Bay Window(s)
  • Free-Standing Refrigerator
  • Free-Standing Gas Range
Lot Information
  • Shape Regular
Property Features
  • Foundation: Concrete Perimeter
  • Foundation: Concrete
Heating and Cooling
  • Wall Furnace
  • None
Flooring
  • Wood
  • Tile
  • Laminate
Utility Information
  • Utilities: Common Area Meter
  • Sewer: Public Sewer
Garage
  • Attached Garage
Parking
  • Total: 2
  • Garage
  • Attached
Stories
  • 3
Living Area
  • 3,520 sqft
Disclaimer: Listings on this page identified as belonging to another listing firm are based upon data obtained from SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. Data Last Updated 9/16/24 12:12.