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Listed by Clinton C Textor Marcus & Millichap
$ 4,300,000
Est. payment | /mo
16 Beds
7,268 SqFt
$ 4,300,000
Est. payment | /mo
16 Beds
7,268 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,268 sqft
Price per Sqft $591
MLS Listing ID 426123274
Bedrooms 16
HOA Y/N No
Year Built 1960
Lot Size 3,624 Sqft
Acres 0.0832
Property Sub-Type Multi Family
New Construction No
Property Description
278 States Street presents a rare opportunity to acquire a well-maintained, multi-structure asset situated at the crest of the highly coveted Corona Heights neighborhood. This unique property consists of two distinct buildings on a single lot, providing dual street access from both States Street and Roosevelt Way. Originally constructed in 1960, the property comprises nine total residential units (eight residential units plus one occupied, unwarranted studio). The primary unit mix consists of spacious two-bedroom, one-bathroom floor plans, designed to maximize natural light and capture the expansive city views characteristic of this elevated location. The Roosevelt Way building houses two apartments, a large storage room, the laundry facility, and a rooftop studio. This studio features a private deck and stunning panoramic views, offering a new owner the potential to pursue legalization and further solidify the property's income stream. With well-maintained systems and a considerable gap between current and market rates, the asset offers substantial rental upside.
Location
State CA
County San Francisco
Area Sf District 5
Interior
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 7
Building
Lot Description None
Story 3
New Construction No
Others
Tax ID 2620061
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