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Property view

1961 Jefferson Street, 
San Francisco, CA 94123

$3,580,000


3

Beds


Bath


5,898

Sq Ft


Multi-Family

Sold

Listed by

Adam D Filly

Compass Commercial

MLS#

423734255

Source:

CABCREIS

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About This Home

1961 Jefferson Street

1961 Jefferson Street is a classic Marina-Style apartment building located in one of the city's best rental locations. Only one block from the water, this is a location that will always be in high-demand. The building consists of three 1bd and six studio apartments. The units have high ceilings, hardwood floors, built-in cabinets, large closets, and spacious floor plans. There are four parking spaces at the rear of the lot that are accessed through the garage. There is coin laundry in the garage for tenant's convenience. The four units that will be delivered vacant are in excellent condition and ready to be rented. A 5th unit has given notice to vacate 5/31/23. The soft-story seismic retrofit has been completed. The property has been maintained to a high-standard and shows little deferred maintenance. This premium location provides tenants easy access to Crissy Field, Marina Green, Fort Mason,Palace of Fine Arts, and the shopping, restaurants, and nightlife on Chestnut Street. This is an extremely rare opportunity to purchase a turn-key asset in a world-class location. Priced to sell at 13.1GRM|4.9% Cap Rate!

Home Facts

Multi-Family

3 Bedrooms

Built in 1927

Price Summary

3,800,000

$644 per Sq. Ft.

MLS #:

423734255

Sold:

July 13, 2023


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Interior

Living Area:

5,898 Sq. Ft.


Structure

Structure

Building Area:

5,898 Sq. Ft.

Year Built:

1927


Lot

Lot Size (Sq. Ft):

3,781


Finances & Disclosures

Finances

Price:

$3,800,000

Price per Sq. Ft:

$644 per Sq. Ft.

Source:CABCREIS
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