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Listing Summary
Virtual Media
Listing
#424013766
$2,300,000 (LP)
2817 24th St, San Francisco, CA 94110*
Active
(03/08/24)
SqFt:
2930
Lot Size SqFt:
1598*
Area/District
:
9
C
Yr
:
1907
*
Total Parking Spaces:
0
Virtual Media
Remarks
Huge Price Reduction! Prime investment opportunity in the heart of the vibrant 24th Street corridor of the Inner Mission. The 3-unit building consists of two VACANT recently remodeled 1-bedroom residential flats above a commercial ground level. The spacious residential units have been remodeled by the current owner and feature tall ceilings, updated kitchens and baths, in-unit laundry, hardwood floors, and sunny decks with Southern exposure. Both residential flats are currently vacant ideal for full market rent or the owner's private use. The ground level is leased under NNN by the newly established and highly rated Tacos Del Barrio restaurant. Ideally located in the heart of the cultural Inner Mission, the new AI hub, the property is Walker's and Biker's Paradise.
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Remarks
Agent and Office Information
Agent
Alek Keytiyev
Lic: 01955427
Office
Compass
Phone: 415-660-9955 Office Lic.: 01527235
Price, Dates and Commissions
Commission to Buyer Office
Commission to Buyer Office
2.5
Unit Information
# Of Buildings
1
# Of Units Leased
1
# Of Units Month to Month
0
# Of Units Total
3
# Of Units Vacant
2
# of 1 Bedroom Units
2
# of 2 Bedroom Units
0
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
1
# of Floors
3
Units Furnished
None
Unit 1 Bedrooms
1
Unit 1 Full Baths
1
Unit 1 Partial Baths
0
Unit 1 Rent
$
4000
Unit 1 Description
Vacant residential flat, top Unit A.
Unit 1 Approx SqFt
855
Unit 1 Identification
Unit A (Top Level)
Unit 1 # of Rooms
3
Unit 1 Occupancy
Vacant
Unit 1 SqFt Source
Measured
Unit 1 Type
Apartment
Unit 2 Bedrooms
1
Unit 2 Full Baths
1
Unit 2 Partial Baths
0
Unit 2 Rent
$
4000
Unit 2 Description
Vacant residential flat, middle Unit B.
Unit 2 Approx SqFt
780
Unit 2 Identification
Unit B (Middle Level)
Unit 2 # of Rooms
3
Unit 2 Occupancy
Vacant
Elevation Units
Feet
Unit 2 SqFt Source
Measured
Unit 2 Type
Apartment
Unit 3 Bedrooms
0
Unit 3 Full Baths
0
Unit 3 Rent
$
6695
Unit 3 Description
Commercial space occupied by Tacos Del Barrio restaurant. NNN Lease!
Unit 3 Approx SqFt
1215
Unit 3 Identification
2817 24th St (Ground Level)
Unit 3 # of Rooms
0
Unit 3 Occupancy
Tenant
Unit 3 Rent Source
Rental
Unit 3 Lease Term
More Than 12 Months
Unit 3 SqFt Source
Measured
Unit 3 Partial Baths
2
Unit 3 Type
Store
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
0
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
176340
Gross Rent Multiplier
13.04
Net Operating Income
$
153687
Monthly Income
$
0
Operating Expense
$
22653
Total Deposit
$
0
Total # Leasable
2
Utilities Expense
$
0
Tax Annual Amount
$
17298
Financial Data Source
Owner
Lease Term
Varies By Unit
Monthly Expenses
$
0
Actual or Scheduled
Scheduled
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Possession
Close Of Escrow, Subject To Tenant Rights
Property Information
Subtype Description
Mixed Use
Approx SqFt
2,930
SqFt Source
Graphic Artist
Price / SqFt
784.98
Lot Sq Ft
(
approx
)
1,598*
Lot Acres
(
approx
)
0.0367
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
10
Year Built
1907*
Year Built Source
Assessor Auto-Fill
Stories
3
Levels
Three
Special Listing Conditions
None
Property Condition
Updated/Remodeled
Property Location
County
San Francisco
Cross Street
Bryant St
Area/District
SF District 9
Subdistrict
Inner Mission
Interior Information
Appliances
Dishwasher, Free Standing Gas Oven, Free Standing Refrigerator, Microwave, Tankless Water Heater
Flooring
Tile, Wood
Heating
Central
Laundry Features
Laundry Closet, Varies by Unit
Basement
None
Construction Information
Architectural Style
Edwardian, Traditional
Construction Materials
Stucco, Wood Siding
Window Features
Bay Window(s), Dual Pane Full
Water Source
Public
Sewer
Public Sewer
Security Features
Security Gate, Varies By Unit, Video System
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
Shape Regular
View Description
City Lights, San Francisco, Varies by Unit
Topography
Level
Patio And Porch Features
Covered Deck, Uncovered Deck, Varies by Unit
Association Information
Association
No
School Information
Green Information
Other Listing Information
Special Zones
None
Disclosures/Documents
Disclosure Package Available
Listing Service
Full Service