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Listed by Lynn Tanatanyanon Compass
$ 799,000
Est. payment | /mo
1 Bed
1 Bath
2,064 Sqft Lot
$ 799,000
Est. payment | /mo
1 Bed
1 Bath
2,064 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Tenancy in Common
Listing Status Active
Purchase Type For Sale
MLS Listing ID 426134099
Bedrooms 1
Full Baths 1
HOA Fees $611/mo
HOA Y/N Yes
Year Built 1924
Lot Size 2,064 Sqft
Acres 0.0474
Property Sub-Type Tenancy in Common
New Construction No
Property Description
1234 Francisco Street, Unit 3 is located in the Marina - one of San Francisco's most sought-after neighborhoods. This charming and spacious south facing unit located on the 2nd level is filled with natural light. The well-proportioned layout includes a formal living room, kitchen, bonus room, spacious bedroom, bathroom, and multiple closets. This tenant-occupied property presents an exceptional opportunity for investors seeking immediate value with significant upside potential. Units 1 and 5 in the same stack have already been successfully renovated into 2-bedroom, 2-bath residences with in-unit laundry, providing a clear blueprint for future expansion and added value. This is a rare value-add opportunity where the heavy lifting has already been completed. The building's common areas have been fully transformed, and the property has undergone comprehensive upgrades from the ground up, including structural and seismic improvements, updated electrical and plumbing systems, a new roof, and modernized safety systems. The comps are established, the infrastructure is in place, and the remaining upside is ready for the next owner to realize. Residents enjoy access to a shared backyard with BBQ area, all just steps from Chestnut Street, Fort Mason, the Marina Green, shops, dining, and public transportation. Added peace of mind: the building is located outside San Francisco's liquefaction zone a rare and highly desirable distinction in the city.
Location
State CA
County San Francisco
Area Sf District 7
Interior
Fireplace No
Exterior
Private Pool false
Building
New Construction No
Others
Tax ID 0474006
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