The Del Rey Apartments offer a unique chance to own a prime property in the highly desirable Richmond District. This stately corner building features 12 exceptionally spacious, house-like units, ideal for rentals or TIC conversions. The property includes 8 2bd/2ba, 3 1bd units, and 1 Penthouse. Seven units will be delivered vacant, providing immediate flexibility for new owners. The size and scale of these units are rare for San Francisco, with each featuring large separate living and dining rooms offering opportunities to expand bedroom counts or remodel with modern finishes and amenities. Many units enjoy panoramic views of the Richmond District, Golden Gate Bridge. The building showcases classic period details including hardwood floors, built-in cabinetry, and timeless architectural elements. Additionally, the building is serviced by an elevator, enhancing convenience for tenants. The garage provides parking for 5 cars, and a large basement offers ideal storage space for tenants or owners. Currently, the electrical system is being upgraded to 400 amps with new panels and breakers, ensuring the property is equipped for modern living. Tremendous opportunity for contractors or developers with an appreciation and understanding of this assets tremendous potential.
Property Details
Property Features
Property Information:
Year Built: 1927
Stories: 0
Living Area: 20,400 SqFt
Listing Office:
Office Name: Compass Commercial
Office Phone: (415) 345-3000
Listing Agent: Adam D Filly
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 20
Exterior Features
Parking Information:
Garage Space: 5 spaces
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Steam
Price Information
Listing Price Info
Price Summary:
List Price: $5,800,000
Price Per SqFt: $284/SqFt
Tax Information:
Annual Amount: $27,354
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
8
/10
Lafayette Elementary School
4545 Anza St
Distance between this listing and this school0.31 miles
Public District Grades KG-5
9
/10
Alamo Elementary School
250 23rd Ave
Distance between this listing and this school0.58 miles
Public District Grades KG-5
7
/10
Argonne Elementary School
680 18th Ave
Distance between this listing and this school0.93 miles
Public District Grades KG-5
Nearby Schools
7
/10
Presidio Middle School
450 30th Ave
Distance between this listing and this school0.18 miles
Public District Grades 6-8
9
/10
Lawton Alternative Elementary School
1570 31st Ave
Distance between this listing and this school1.53 miles
Public District Grades KG-8
8
/10
Roosevelt Middle School
460 Arguello Blvd
Distance between this listing and this school1.85 miles
Public District Grades 6-8
Nearby Schools
9
/10
George Washington High School
600 32nd Ave
Distance between this listing and this school0.18 miles
Public District Grades 9-12
5
/10
Independence High School
1350 7th Ave
Distance between this listing and this school1.95 miles
Public District Grades 9-12
7
/10
Abraham Lincoln High School
2162 24th Ave
Distance between this listing and this school2.41 miles
The neighbors living near this home have an average income of $58,984. Most San Francisco, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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This home is located at 495 32nd Ave in San Francisco, CA and zip code 94121 in the The Richmond District neighborhood. This 20,400 square foot home, which was built in 1927, sits on a 0.13 acre lot. Features: 20 bedrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $5,800,000.
Over 269 listings were sold over their listed price in October 2024 in San Francisco, CA. In the same period over 121 listings were sold below the listed price and 34 listings were sold for the listed price. The number of homes for sale in San Francisco, CA increased by 0.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 33 days, the median list price was $1,407,244.
From Rocket Homes Real Estate and based on county public records data.