Presenting an outstanding investment opportunity at 1486-1490 South Van Ness and 397-399 15th St a six-unit multi-family property ideally positioned at the corner of these two addresses. This bustling neighborhood offers an array of cultural attractions, diverse dining options, and vibrant community events, ensuring tenants a dynamic urban lifestyle. Currently, 5 units are occupied and generating consistent rental income, this property is a promising choice for investors. 1 vacant unit with current market rent potential for high returns! With convenient access to public transportation, including bus lines and Muni, as well as proximity to freeway ramps, tenants enjoy easy commuting options. The propertys versatile zoning opens doors to mixed-use development potential, enhancing its long-term value. Meticulously maintained and surrounded by local amenities, this offering is perfect for savvy investors and those seeking a turnkey real estate opportunity in the heart of San Francisco.
Property Details
Property Features
Property Information:
Year Built: 1910
Stories: 0
Living Area: 6,933 SqFt
Listing Office:
Office Name: Prime Metropolis Prop., Inc.
Office Phone: (415) 731-0303
Listing Agent: Rachel F Wong, Henry H Low
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 15
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.05 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $2,100,000
Price Per SqFt: $303/SqFt
Tax Information:
Annual Amount: $15,315
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Bernardino, CA.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10.5K
Per Month
Principal & Interest
$10.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,362
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Dr. Mildred Dalton Henry Elementary School
1250 W 14th St
Distance between this listing and this school0.33 miles
Public District Grades 4-6
5
/10
Graciano Gomez Elementary School
1480 W 11th St
Distance between this listing and this school0.42 miles
Public District Grades KG-6
5
/10
Roosevelt Elementary School
1554 Garner Ave
Distance between this listing and this school0.45 miles
Public District Grades KG-3
Nearby Schools
1
/10
Dr. Martin Luther King Jr. Middle School
1250 Medical Center Dr
Distance between this listing and this school0.34 miles
Public District Grades 7-8
5
/10
Arrowview Middle School
2299 N G St
Distance between this listing and this school1.44 miles
Public District Grades 6-8
5
/10
Hardy Brown College Preparatory
655 W 2nd St
Distance between this listing and this school2.12 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Arroyo Valley High School
1881 W Base Line St
Distance between this listing and this school0.72 miles
Public District Grades 9-12
4
/10
San Bernardino High School
1850 N E St
Distance between this listing and this school1.38 miles
Public District Grades 9-12
2
/10
Community School/Independent Alternative Education
601 N E St
Distance between this listing and this school1.80 miles
The neighbors living near this home have an average income of $37,169. Residents of San Bernardino, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
This home is located at 1486-1490 15th St in San Francisco, CA and zip code 94103 in the Mount Vernon neighborhood. This 6,933 square foot home, which was built in 1910, sits on a 0.05 acre lot. Features: 15 bedrooms. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $2,100,000.
San Bernardino, CA housing market in November 2024 saw over 57 listings sold above listed price, more than 24 sold at listed price and over 26 sold below. The number of listings in San Bernardino, CA decreased by 6.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 33 days, the median list price was $490,931.
From Rocket Homes Real Estate and based on county public records data.