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Property view

2960 Polk Street, 
San Francisco, CA 94109

$5,725,000

24

Beds

—

Bath

9,300

Sq Ft

Multi-Family

Sold

Listed by

Adam D Filly

, 

Amy R Levins

Compass Commercial

, 

Compass

MLS#

424037905

Source:

CABCREIS

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About This Home

2960 Polk Street

2960 Polk Street represents a rare buying opportunity in the highly desirable Russian Hill. This property consists of 12 condominiums with separate APN numbers for each unit. These spacious four-room units are used as Two-Bedrooms. Many of the condos have been remodeled in the recent past, and some have Bay and GG Bridge views. There are 10 garage spaces. Each condo is separately metered for gas and electricity. The soft-story retrofit was completed in 2017. In 2024 a new fire alarm panel and sleep alarms were installed, bringing the property into compliance with the new ordinance. The property has an elevator, however, it was decommissioned in 2023 and is not currently in service. Currently operating as an apartment building, the property produces a gross annual income of $489,952. Professionally managed and well maintained by the same family for over 40 years. Do not miss this excellent and rare investment opportunity!

Home Facts

Multi-Family

24 Bedrooms

Built in 1925

Price Summary

5,800,000

$623 per Sq. Ft.

MLS #:

424037905

Sold:

October 4, 2024

Rooms & Interior

Bedrooms

Total Bedrooms:

24

Interior

Living Area:

9,300 Sq. Ft.

Structure

Structure

Building Area:

9,300 Sq. Ft.

Year Built:

1925

Lot

Lot Size (Sq. Ft):

4,386

Finances & Disclosures

Finances

Price:

$5,800,000

Price per Sq. Ft:

$623 per Sq. Ft.

Source:CABCREIS
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