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Property view

1700 Octavia Street, 
San Francisco, CA 94109

$8,425,000


16

Beds


Bath


22,300

Sq Ft


Multi-Family

Sold

Listed by

John M Antonini

Amir Hardy Crs

Compass Commercial

Compass

MLS#

424037849

Source:

CABCREIS

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About This Home

1700 Octavia Street

First time on the market in 25+ years. 1700 Octavia Street is a stunning 35-unit building located in Lower Pacific Heights on the corner of Octavia and Bush Streets. Constructed in 1927, the 7-story concrete building is comprised of one (1) 2-bedroom/1 bathroom, fourteen (14) 1-bedroom/1 bathroom units, and twenty (20) studio units. The corner, two-bedroom unit was tastefully converted from a 1-bedroom. There are banked rents dating back to 2017 which will increase the gross income from $829k to $878k annually. All 35 units face West with expansive views. There is garage parking for five (5) cars. All floors are serviced by an elevator. The units are separately metered for gas and electricity. Lafayette Park, Japantown, Fillmore Street, and Whole Foods are all within a 10-minute walk. Priced at 11.1 GRM and $278k/unit,1700 Octavia Street presents an opportunity to own a true trophy apartment building in the heart of San Francisco.

Home Facts

Multi-Family

16 Bedrooms

Built in 1927

Price Summary

9,750,000

$437 per Sq. Ft.

MLS #:

424037849

Sold:

December 23, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

16

Interior

Living Area:

22,300 Sq. Ft.


Structure

Structure

Building Area:

22,300 Sq. Ft.

Year Built:

1927


Lot

Lot Size (Sq. Ft):

3,598


Finances & Disclosures

Finances

Price:

$9,750,000

Price per Sq. Ft:

$437 per Sq. Ft.

Source:CABCREIS
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