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Listing Summary
Listing
#424008978
$998,000 (LP)
$1,000,800 (SP)
SP % LP
:
100.28
1655-1657 Revere Ave, San Francisco, CA 94124*
Closed
(04/15/24)
SqFt:
3208*
Lot Size SqFt:
2500*
Area/District
:
10
A
Yr
:
1936
*
Total Parking Spaces:
0
Remarks
Only $311 per square foot in the Bayview neighborhood next to the 3rd Street light-rail corridor. Owner-user opportunity with ADU Entitled Permit! Rare find the classic 1930s Marina-style two-flats. It is adjacent to the Bayview Linda Brooks-Barton Branch Library and the YMCA. Nearby farmer's market, grocery, trendy cafes, and restaurants along the 3rd Street corridor. The Third Street T-line light rail transportation is steps away. These substantial six-room flats ( 1,505 sqft- 1,635 sqft respectively) are bright and spacious, with the gorgeous period the 1930s architecture and a formal dining room. Each unit has a breakfast room and a laundry porch. Three-car parking garage with approx. 10' tall ceilings would be delivered vacant. The sale included an entitled plan to create a two-bedroom, two-bath 800 sqft ADU garden unit with exclusive parking. Great potential with some TLC and vision.
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Remarks
Agent and Office Information
Agent
Lucy Yeung
Primary:415-793-6859 Secondary:415-648-1200 Lic: 00715161
Office
SF City Properties
Phone: 415-648-1200, FAX: 415-648-1213 Office Lic.: 01462002
Price, Dates and Commissions
Commission to Buyer Office
Commission to Buyer Office
2.5
Unit Information
# Of Buildings
0
# Of Units Leased
2
# Of Units Month to Month
2
# Of Units Total
2
# Of Units Vacant
0
# of 1 Bedroom Units
0
# of 2 Bedroom Units
2
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
0
Units Furnished
None
Unit 1 Bedrooms
2
Unit 1 Full Baths
0
Unit 1 Partial Baths
0
Unit 1 Rent
$
1136
Unit 1 Description
2 bedroom flat
Unit 1 Approx SqFt
1505
Unit 1 Identification
1655
Unit 1 # of Rooms
0
Unit 1 Occupancy
Tenant
Unit 1 SqFt Source
Measured
Unit 2 Bedrooms
2
Unit 2 Full Baths
0
Unit 2 Partial Baths
0
Unit 2 Rent
$
2725
Unit 2 Description
2 bedroom flat
Unit 2 Approx SqFt
1635
Unit 2 Identification
1657
Unit 2 # of Rooms
0
Unit 2 Occupancy
Tenant
Unit 2 SqFt Source
Measured
Unit 3 Bedrooms
0
Unit 3 Full Baths
0
Unit 3 Rent
$
0
Unit 3 Approx SqFt
0
Unit 3 # of Rooms
0
Unit 3 Partial Baths
0
Unit 4 Bedrooms
0
Unit 4 Full Baths
0
Unit 4 Partial Baths
0
Unit 4 Rent
$
0
Unit 4 Approx SqFt
0
Unit 4 # of Rooms
0
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
0
# of 2 Bedrooms Occupied
2
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
33836
Gross Rent Multiplier
29.58
Net Operating Income
$
21576
Monthly Income
$
0
Operating Expense
$
12260
Total Deposit
$
0
Total # Leasable
0
Total # Section 8
2
Utilities Expense
$
0
Operating Expense Includes
Insurance, Trash, Water/Sewer
Tax Annual Amount
$
12260
Monthly Expenses
$
0
Separate Meters
Electricity, Gas, Water
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Property Information
Subtype Description
Flats
Approx SqFt
3,208*
SqFt Source
Assessor Auto-Fill
Price / SqFt
311.97
Lot Sq Ft
(
approx
)
2,500*
Lot Acres
(
approx
)
0.0574
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
12
Year Built
1936*
Special Listing Conditions
Housing Assist Program
Property Condition
Fixer
Property Location
County
San Francisco
Cross Street
3rd Street
Area/District
SF District 10
Subdistrict
Bayview
Interior Information
Flooring
Parquet, Tile, Varies by Unit, Wood
Laundry Features
In Each Unit, Washer/Dryer Hookups
Construction Information
Architectural Style
Marina
Parking Information
Total Parking Spaces
0
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Lot and Outdoor Information
Lot Features
None
Association Information
Association
No
School Information
Green Information
Other Listing Information
Listing Service
Full Service