First time on market in 36 years - Trophy 12-unit multifamily property located on a charming corner in the highly desirable Richmond District. This exceptional three-story building exudes timeless charm and character, offering investors a rare opportunity to acquire a well-maintained asset with significant upside potential in a high-demand rental market. The property is comprised of twelve spacious one-bedroom, one-bath units and features a garage with eight parking spaces. Units range in size from 986 to 1,150 square feet, each boasting large, separate living and dining rooms that offer the potential to expand bedroom counts and enhance rental income. All units benefit from abundant natural light, with many offering great views, including views of the ocean. The building offers coin-operated washers and dryers in the garage. Many quality finishes from its era of construction with modern updates. Fantastic opportunity for an investor to acquire an easy-to-manage multifamily property with substantial upside potential in a high-demand rental area.
Property Details
Property Features
Property Information:
Year Built: 1931
Stories: 3
Living Area: 13,305 SqFt
Listing Office:
Office Name: Urban Group Real Estate
Office Phone: (415) 863-1775
Listing Agent: Louis Cornejo
Interior Features
Interior Information:
Appliances: Other
Basement: No
Flooring Type: See Remarks
Interior: Formal Entry
Bedroom and Bathroom Information:
Total Bedroom Count: 12
Exterior Features
Exterior Information:
View: City, Ocean, Park
Parking Information:
Garage Space: 8 spaces
Parking: Tandem, See Remarks
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Other
Cooling: None
School Info
Assigned Schools Information:
Washington (George) High School, Public District Grades 9-12
Lincoln (Abraham) High School, Public District Grades 9-12
Wallenberg (Raoul) Traditional High School, Public District Grades 9-12
Presidio Middle School, Public District Grades 6-8
Lawton Alternative Elementary School, Public District Grades KG-8
A.P. Giannini Middle School, Public District Grades 6-8
Lafayette Elementary School, Public District Grades KG-5
Chinese Immersion School At Deavila, Public District Grades KG-5
San Francisco Public Montessori, Public District Grades KG-5
Price Information
Listing Price Info
Price Summary:
List Price: $4,750,000
Price Per SqFt: $357/SqFt
Tax Information:
Annual Amount: $25,741
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.
Elementary School
8
/10
Lafayette Elementary School
4545 Anza St
Distance between this listing and this school0.51 miles
Public District Grades KG-5
9
/10
Chinese Immersion School At Deavila
1250 Waller St
Distance between this listing and this school3.42 miles
Public District Grades KG-5
7
/10
San Francisco Public Montessori
2340 Jackson St
Distance between this listing and this school4.07 miles
Public District Grades KG-5
Middle School
7
/10
Presidio Middle School
450 30th Ave
Distance between this listing and this school0.90 miles
Public District Grades 6-8
9
/10
Lawton Alternative Elementary School
1570 31st Ave
Distance between this listing and this school1.70 miles
Public District Grades KG-8
9
/10
A.P. Giannini Middle School
3151 Ortega St
Distance between this listing and this school1.98 miles
Public District Grades 6-8
High School
9
/10
Washington (George) High School
600 32nd Ave
Distance between this listing and this school0.77 miles
Public District Grades 9-12
7
/10
Lincoln (Abraham) High School
2162 24th Ave
Distance between this listing and this school2.57 miles
Public District Grades 9-12
8
/10
Wallenberg (Raoul) Traditional High School
40 Vega St
Distance between this listing and this school3.29 miles
Public District Grades 9-12
Assigned Schools
8
/10
Lafayette Elementary School
4545 Anza St
Distance between this listing and this school0.51 miles
Public District Grades KG-5
9
/10
Chinese Immersion School At Deavila
1250 Waller St
Distance between this listing and this school3.42 miles
Public District Grades KG-5
7
/10
San Francisco Public Montessori
2340 Jackson St
Distance between this listing and this school4.07 miles
Public District Grades KG-5
Assigned Schools
7
/10
Presidio Middle School
450 30th Ave
Distance between this listing and this school0.90 miles
Public District Grades 6-8
9
/10
Lawton Alternative Elementary School
1570 31st Ave
Distance between this listing and this school1.70 miles
Public District Grades KG-8
9
/10
A.P. Giannini Middle School
3151 Ortega St
Distance between this listing and this school1.98 miles
Public District Grades 6-8
Assigned Schools
9
/10
Washington (George) High School
600 32nd Ave
Distance between this listing and this school0.77 miles
Public District Grades 9-12
7
/10
Lincoln (Abraham) High School
2162 24th Ave
Distance between this listing and this school2.57 miles
Public District Grades 9-12
8
/10
Wallenberg (Raoul) Traditional High School
40 Vega St
Distance between this listing and this school3.29 miles
The neighbors living near this home have an average income of $82,797. The most common annual income of people living in San Francisco, CA is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
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This home is located at 8045 Geary Blvd in San Francisco, CA and zip code 94121 in the The Richmond District neighborhood. This 13,305 square foot home, which was built in 1931, sits on a 0.13 acre lot. Features: 12 bedrooms. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $4,750,000.
In August 2024 more than 163 listings in San Francisco, CA were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 123 were sold below. The inventory of homes for sale in San Francisco, CA between July 2024 and August 2024 decreased by 10.8%. Listings spent 52 days on the market in August 2024, and had a median list price of $1,400,275 during the same period.
From Rocket Homes Real Estate and based on county public records data.