Fantastic Investment Opportunity in the Heart of San Franciscos Vibrant Richmond District! This 8-Unit residential income property is situated at the corner of 25th Ave and Clement St, in the center of the bustling Richmond District. Each unit is spacious with a 1-Bedroom and 1-Bathroom configuration, 1-Car garage parking, and separate storage room. The building shows pride of ownership with updated kitchens and bathrooms as well as low operating expenses. Seismic retrofit work was completed in 2016. The Richmond District is known for its cultural diversity, proximity to Golden Gate Park, the Presidio, Baker Beach, Ocean Beach and home to an array of cafes, restaurants, boutique shops and easy access to public transit. This desirable location is an ideal draw for quality tenants and commands high level market rents. The building is fully occupied and demonstrates a stable rental history offering an investor steady cash flow with over $220K in actual gross rents yet still provides upside in future rental increases as well as long term value appreciation making it an ideal addition to any investment portfolio.
Property Details
Property Features
Property Information:
Architectural Style: Mid-Century
Year Built: 1961
Stories: 0
Living Area: 5,718 SqFt
Listing Office:
Office Name: Andersen, Jung & Co.
Office Phone: (415) 397-1966
Listing Agent: Monica H Chung, Nancy F Kong
Interior Features
Interior Information:
Flooring Type: Carpet, Tile, Vinyl, Wood
Bedroom and Bathroom Information:
Total Bedroom Count: 8
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Attached, Garage, Side By Side
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $2,600,000
Price Per SqFt: $455/SqFt
Tax Information:
Annual Amount: $5,656
Tax Year: 2021
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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
9
/10
Alamo Elementary School
250 23rd Ave
Distance between this listing and this school0.15 miles
Public District Grades KG-5
7
/10
Argonne Elementary School
680 18th Ave
Distance between this listing and this school0.63 miles
Public District Grades KG-5
9
/10
Sutro Elementary School
235 12th Ave
Distance between this listing and this school0.73 miles
Public District Grades KG-5
Nearby Schools
7
/10
Presidio Middle School
450 30th Ave
Distance between this listing and this school0.26 miles
Public District Grades 6-8
8
/10
Roosevelt Middle School
460 Arguello Blvd
Distance between this listing and this school1.42 miles
Public District Grades 6-8
9
/10
Lawton Alternative Elementary School
1570 31st Ave
Distance between this listing and this school1.67 miles
Public District Grades KG-8
Nearby Schools
9
/10
George Washington High School
600 32nd Ave
Distance between this listing and this school0.45 miles
Public District Grades 9-12
5
/10
Independence High School
1350 7th Ave
Distance between this listing and this school1.72 miles
Public District Grades 9-12
8
/10
Raoul Wallenberg Traditional Alternative High School
40 Vega St
Distance between this listing and this school2.10 miles
The neighbors living near this home have an average income of $80,734. Residents of San Francisco, CA typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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This home is located at 400 25th Ave in San Francisco, CA and zip code 94121 in the The Richmond District neighborhood. This 5,718 square foot home, which was built in 1961, sits on a 0.07 acre lot. Features: 8 bedrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $2,600,000.
While more than 269 listings in San Francisco, CA in October 2024 were sold above asking price, there were more than 34 listings sold at asking price, and more than 121 were sold below. In October 2024 in San Francisco, CA there were 0.6% more homes for sale than in September 2024. Listings spent 33 days on the market in October 2024, and had a median list price of $1,407,244 during the same period.
From Rocket Homes Real Estate and based on county public records data.