359 South Van Ness AVE, San Francisco, CA 94103
359 South Van Ness AVE, San Francisco, CA 94103
359 South Van Ness AVE, San Francisco, CA 94103
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Listed by John M Antonini Compass Commercial
$2,750,000
Est. payment /mo
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12 Beds
4 Baths
6,750 SqFt
Active

359 South Van Ness AVE San Francisco, CA 94103

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Stacy Huang

Stacy Huang

+1(415) 840-5704

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,750 sqft

Price per Sqft $407

MLS Listing ID 426169134

Style Edwardian

Bedrooms 12

Full Baths 4

HOA Y/N No

Year Built 1907

Lot Size 3,750 Sqft

Acres 0.0861

Property Sub-Type Multi Family

Property Description

359 South Van Ness is a six (6) unit apartment building located in the heart of the Inner Mission. Built in 1907, the property consists of six (6) spacious 2-bedroom, 1-bath units with garage parking for two small cars or motorcycles. The large units average over 1,000 sq/ft each. Four of the six units have been tastefully updated with remodeled kitchens and bathrooms. All six units have in-unit laundry. The property is fully occupied with monthly rents ranging from $1,082 to $4,550. The current monthly gross income is approximately $19,605, with 45% rental upside. The property is offered at an 11.69 GRM and 5.77% cap rate. The handsome Edwardian facade has bay windows and period architectural details. The soft story retrofit and fire alarms have been completed. There are two vacant storage areas behind the garage that face the rear yard which have development potential. The location is steps away from the restaurants, shops, and nightlife of the Mission District. The property is conveniently located near Valencia Street, Mission Street, and the 16th St. BART station, providing easy access to downtown San Francisco and the surrounding neighborhoods.

Location

State CA

County San Francisco

Area Sf District 9

Zoning CM

Rooms

Basement Storage Space

Interior

Heating Central

Cooling None

Flooring Wood

Fireplace No

Appliance Free-Standing Freezer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Varies By Unit

Laundry In Unit

Exterior

Garage Spaces 2.0

Handicap Access None

Total Parking Spaces 2

Building

Lot Description None

Foundation Brick/Mortar, Concrete

Architectural Style Edwardian

Level or Stories Four

New Construction No

Others

Tax ID 3549034

San Francisco MLS - SFAR

NEARBY SCHOOL & BUSINESS

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Stacy Huang

Stacy Huang

Agent

+1(415) 840-5704

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359 South Van Ness AVE

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