About 400 25th Avenue
Fantastic Investment Opportunity in the Heart of San Francisco's Vibrant Richmond District! This 8-Unit residential income property is situated at the corner of 25th Ave and Clement St, in the center of the bustling Richmond District. Each unit is spacious with a 1-Bedroom and 1-Bathroom configuration, 1-Car garage parking, and separate storage room. The building shows pride of ownership with updated kitchens and bathrooms as well as low operating expenses. Seismic retrofit work was completed in 2016. The Richmond District is known for its cultural diversity, proximity to Golden Gate Park, the Presidio, Baker Beach, Ocean Beach and home to an array of cafes, restaurants, boutique shops and easy access to public transit. This desirable location is an ideal draw for quality tenants and commands high level market rents. The building is fully occupied and demonstrates a stable rental history offering an investor steady cash flow with over $220K in actual gross rents yet still provides upside in future rental increases as well as long term value appreciation making it an ideal addition to any investment portfolio.
Features of 400 25th Avenue
| MLS® # | 424078104 |
|---|---|
| Price | $2,600,000 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Square Footage | 5,718 |
| Acres | 0.07 |
| Year Built | 1961 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Style | Mid-Century |
| Status | Active |
Community Information
| Address | 400 25th Avenue |
|---|---|
| Area | SF District 1 |
| Subdivision | Central Richmond |
| City | San Francisco |
| County | San Francisco |
| State | CA |
| Zip Code | 94121 |
Amenities
| Utilities | Common Area Meter |
|---|---|
| Parking Spaces | 8 |
| Parking | Attached, Garage, Side By Side |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Stories | Three Or More |
| Has Basement | No |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Asphalt, Flat |
| Construction | Lap Siding, Stucco |
| Foundation | Concrete |
Additional Information
| Date Listed | September 23rd, 2024 |
|---|
Listing Details
| Agent | Monica H Chung |
|---|---|
| Office | Andersen, Jung & Co. |