About N/A
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!
Features of N/A
| MLS® # | 423919766 |
|---|---|
| Price | $1,695,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,520 |
| Acres | 0.08 |
| Year Built | 1927 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Style | Art Deco, Contemporary |
| Status | Active |
Community Information
| Address | N/A |
|---|---|
| Area | SF District 10 |
| Subdivision | Visitacion Valley |
| City | San Francisco |
| County | San Francisco |
| State | CA |
| Zip Code | 94134 |
Amenities
| Utilities | Common Area Meter |
|---|---|
| Parking Spaces | 2 |
| Parking | Attached, Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Free-Standing Gas Range, Free-Standing Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Fireplace | No |
| # of Stories | 3 |
| Stories | Three Or More |
| Has Basement | No |
Exterior
| Exterior Features | Yard Space |
|---|---|
| Lot Description | Shape Regular |
| Windows | Bay Window(s) |
| Roof | Tar/Gravel |
| Construction | Stucco, Wood |
| Foundation | Concrete, Concrete Perimeter |
Additional Information
| Date Listed | October 27th, 2023 |
|---|
Listing Details
| Agent | Matthew T Hilzendrager |
|---|---|
| Office | Corcoran Icon Properties |