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Listed by Cris Lamas Urban Capital SF
$ 1,950,000
Est. payment /mo
New
1499 Guerrero ST San Francisco, CA 94110
3 Beds
1 Bath
4,157 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,157 sqft
Price per Sqft $469
MLS Listing ID 426171670
Style Victorian
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1900
Lot Size 2,225 Sqft
Acres 0.0511
Property Sub-Type Multi Family
Property Description
1499 Guerrero Street is a 6 unit apartment building located at the edge of of Noe Valley at the corner of Guerrero and 27th Street. The property is offered at $1,950,000, or $325,000/unit and $469/sq ft. The asking price reflects a 6.0% Cap Rate and a 10.84 GRM on scheduled gross income of $179,844. The unit mix includes three (3) studios, two (2) one-bedroom units and a one (1) large one bedroom plus den, totaling 4,157 square feet on a 2,225 square foot corner lot. All six units are occupied. There are three garages at street level, two of them leased separately. The coin-operated laundry equipment is owned. Originally built in 1900, the wood-frame building sits on a concrete foundation and keeps its original stained glass transom over the Guerrero Street entry. The soft-story seismic retrofit was completed in 2016, and the modified bitumen roof was replaced in 2013. Gas and electricity are separately metered, and units are heated by gas wall heaters. The lobby entry is secured.
Location
State CA
County San Francisco
Area Sf District 5
Zoning RM-1
Rooms
Basement None
Interior
Interior Features Formal Entry
Heating Gas
Fireplace No
Appliance Varies By Unit
Laundry Coin Operated, Common Area
Exterior
Garage Spaces 3.0
Roof Type Asphalt,Shingle
Total Parking Spaces 3
Building
Lot Description Corner Lot
Foundation Concrete
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories Two
New Construction No
Others
Tax ID 6576008

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