1700 Octavia ST Pending Save Request In-Person Tour Request Virtual Tour
San Francisco,CA 94109
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 22,300 sqft
Price per Sqft $437
MLS Listing ID 424037849
Bedrooms 16
Year Built 1927
Lot Size 3,600 Sqft
Property Description
First time on the market in 25+ years. 1700 Octavia Street is a stunning 35-unit building located in Lower Pacific Heights on the corner of Octavia and Bush Streets. Constructed in 1927, the 7-story concrete building is comprised of one (1) 2-bedroom/1 bathroom, fourteen (14) 1-bedroom/1 bathroom units, and twenty (20) studio units. The corner, two-bedroom unit was tastefully converted from a 1-bedroom. There are banked rents dating back to 2017 which will increase the gross income from $829k to $878k annually. All 35 units face West with expansive views. There is garage parking for five (5) cars. All floors are serviced by an elevator. The units are separately metered for gas and electricity. Lafayette Park, Japantown, Fillmore Street, and Whole Foods are all within a 10-minute walk. Priced at 11.1 GRM and $278k/unit,1700 Octavia Street presents an opportunity to own a true trophy apartment building in the heart of San Francisco.
Location
State CA
County San Francisco
Area Sf District 6
Zoning RM1
Interior
Heating Steam
Flooring Wood
Laundry Coin Operated
Exterior
Garage Spaces 5.0
View City,City Lights,Downtown,San Francisco
Building
Lot Description Sidewalk
Foundation Concrete
New Construction No