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Listed by Matthew C Sheridan Maven Commercial, Inc.
$3,295,000
Est. payment /mo
13 Beds
6,383 SqFt
Open House
Tue Oct 13, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,383 sqft
Price per Sqft $516
MLS Listing ID 426169470
Bedrooms 13
HOA Y/N No
Year Built 1916
Lot Size 2,439 Sqft
Acres 0.056
Property Sub-Type Multi Family
Property Description
1706 Grove Street offers a rare chance to acquire a turnkey 7-unit corner apartment building in San Francisco's highly sought-after Nopa neighborhood, just blocks from the Panhandle, Alamo Square, and USF. Spanning 6,398 Sq Ft with abundant light on three sides, the property features six spacious two-bedrooms and one one-bedroom, in-unit laundry, and stainless, stone, and tile finishes throughout, plus a new ADU and two garages. Renovated units, updated building systems, completed seismic and fire alarm work, and low expenses make for easy ownership. Most units were leased in 2022 and 2023, and market rents run roughly 60% above in-place rents, leaving significant upside for a new owner. Divisadero's dining and retail nearby, the location supports strong, lasting tenant demand.
Location
State CA
County San Francisco
Area Sf District 6
Zoning RM-1
Interior
Fireplace No
Exterior
Garage Spaces 2.0
Building
Lot Description None
Story 4
New Construction No
Others
Tax ID 1186008
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