About 2886 16th Street
14-unit investment property in the vibrant Mission neighborhood. There are 12 studios, 1 ground floor commercial and 1 live/work style 1-bedroom on the ground floor. Significant upgrades in the last decade enhancing the overall building value and reducing future maintenance costs. Soft story retrofit completed with new steel beams, new concrete footings, a complete basement upgrade with a laundry area. Several of the residential units have been remodeled, with modern finishes and stainless steel appliances. There have been major remodels to units #6, #8, and the live/work space. In addition the building has new exterior paint and a rebuilt back deck and stairs. Unit #4 will be delivered vacant, presenting a valuable opportunity for a new owner to further enhance the building's appeal and increase its rental income.
Features of 2886 16th Street
| MLS® # | 424075996 |
|---|---|
| Price | $2,750,000 |
| Bedrooms | 1 |
| Bathrooms | 0.00 |
| Square Footage | 8,640 |
| Acres | 0.08 |
| Year Built | 1923 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 2886 16th Street |
|---|---|
| Area | SF District 9 |
| Subdivision | Inner Mission |
| City | San Francisco |
| County | San Francisco |
| State | CA |
| Zip Code | 94103 |
Amenities
| Utilities | Cable Available, City, Natural Gas Connected |
|---|---|
| View | City Lights |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Varies By Unit |
|---|---|
| Cooling | None |
| Fireplace | No |
| Stories | Three Or More |
| Has Basement | Yes |
| Basement | Partial, Storage Space |
Exterior
| Lot Description | Shape Regular |
|---|---|
| Windows | Bay Window(s),Varies by Unit |
| Roof | Asphalt, Flat |
| Construction | Stucco, Wood Siding |
| Foundation | Concrete |
Additional Information
| Date Listed | October 21st, 2024 |
|---|---|
| Zoning | M1 |
Listing Details
| Agent | Mark E Bonn |
|---|---|
| Office | Compass Commercial |