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Listed by Deborah A Odier Coldwell Banker Realty
$1,095,000
Est. payment /mo
4 BA
2,616 SqFt
Pending
31 Joice ST San Francisco, CA 94108
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UPDATED:
11/10/2024 04:09 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,616 sqft
Price per Sqft $418
MLS Listing ID 424075785
Full Baths 4
HOA Y/N No
Year Built 1918
Lot Size 1,690 Sqft
Acres 0.0388
Property Description
Classic 4-unit building featuring four nearly identical studio apartments, with 3 units to be delivered vacant. Located in the desirable Downtown-Nob Hill neighborhood, this property offers easy access to the vibrant SF lifestyle, with restaurants, businesses, shops, hotels, music venues, at your doorstep. The California St cable car and public transit provide convenient access to the Financial District & Union Square. Ideal for a savvy investor, 1031 exchange buyer, or a first-time buyers looking to live in one unit while renting out the others. Built in 1916, this Edwardian building has excellent street presence and period details, incl hardwood floors, high ceilings, & classic architectural elements. The 3-story building includes sensible, studio floorplans, with 3 units featuring updates & currently used as Airbnb rentals. The seller is open to selling furnishings separately if the buyer wishes to continue the short-term rentals. The 4th unit is tenant-occupied. An undeveloped full basement may offer potential ADU expansion. This property presents a compelling opportunity for an investor seeking value appreciation through renovation and improved management. With its prime location & potential for increased long-term rental income, this building is a valuable asset.
Location
State CA
County San Francisco
Area Sf District 8
Zoning RM3
Rooms
Basement Storage Space
Interior
Fireplace No
Window Features Varies by Unit
Appliance Varies By Unit
Laundry Common Area
Exterior
Utilities Available City
Roof Type Tar/Gravel
Building
Lot Description Cul-De-Sac
Story 3
Foundation Concrete
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Schools
School District San Francisco
Others
Tax ID 0256020
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