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Listing Summary
Listing
#421528829
$2,295,000 (LP)
88 Elgin Park, San Francisco, CA 94103
Canceled
(02/15/23)
SqFt:
4290*
Lot Size SqFt:
1646*
Area/District
:
5
M
Yr
:
1915
*
Total Parking Spaces:
2
Remarks
Major Price Reduction - Motivated Seller! 88 Elgin Park is an attractive 6-unit property located on a charming cobblestone street between Duboce Avenue and Market Street in the center of San Francisco. The property features high ceilings, a specious garage, abundant natural light and separately metered gas and electric. 88 Elgin Park consists of six smaller one-bedroom units and a spacious, renovated garage space on the ground floor. Four of the six units will be delivered empty. The property is inc close proximity to Valencia and Market Street, Hayes Valley, the 16th Street BART station, Whole Foods, and more. Buyer ask to cooperate with Seller's IRC 1031 tax-deferred exchanged.
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Remarks
Agent and Office Information
Agent
Dominic Morbidelli
Primary:415-404-7314 Secondary:510-504-6432 Lic: 02024348
Office
Maven Commercial, Inc.
Phone: 415-781-7700 Office Lic.: 01878802
Price, Dates and Commissions
Commission to Buyer Office
Commission to Buyer Office
2.5
Unit Information
# Of Buildings
0
# Of Units Leased
0
# Of Units Month to Month
3
# Of Units Total
6
# Of Units Vacant
3
# of 1 Bedroom Units
6
# of 2 Bedroom Units
0
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
0
Units Furnished
None
Unit 1 Bedrooms
1
Unit 1 Full Baths
1
Unit 1 Partial Baths
0
Unit 1 Rent
$
0
Unit 1 Description
Call Agent to Receive Rent Roll
Unit 1 Approx SqFt
0
Unit 1 # of Rooms
0
Unit 1 Occupancy
Tenant
Unit 1 SqFt Source
Measured
Unit 1 Type
Apartment
Unit 2 Bedrooms
1
Unit 2 Full Baths
0
Unit 2 Partial Baths
0
Unit 2 Rent
$
0
Unit 2 Description
Call Agent to Receive Rent Roll
Unit 2 Approx SqFt
0
Unit 2 # of Rooms
0
Unit 2 Occupancy
Vacant
Elevation Units
Feet
Unit 2 SqFt Source
Not Measured
Unit 2 Type
Apartment
Unit 3 Bedrooms
0
Unit 3 Full Baths
1
Unit 3 Rent
$
1850
Unit 3 Approx SqFt
0
Unit 3 # of Rooms
0
Unit 3 Occupancy
Vacant
Unit 3 Rent Source
Owner
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
2
Unit 4 Occupancy
Vacant
Unit 4 Rent Source
N/A
Unit 4 SqFt Source
Not Measured
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
2
# 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
$
139128
Gross Rent Multiplier
16.50
Net Operating Income
$
103468
Monthly Income
$
0
Operating Expense
$
35660
Total Deposit
$
0
Total # Leasable
0
Utilities Expense
$
0
Operating Expense Includes
Insurance, Janitorial Services, Repairs, Water/Sewer
Tax Annual Amount
$
27138
Financial Data Source
Owner, Property Manager
Lease Term
Month To Month
Tenant Pays
Electricity, Gas
Monthly Expenses
$
0
Separate Meters
Electricity, Gas
Actual or Scheduled
Scheduled
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Terms
1031 Exchange
Possession
Close Of Escrow, Subject To Tenant Rights
Property Information
Subtype Description
Apartments
Approx SqFt
4,290*
SqFt Source
Assessor Auto-Fill
Price / SqFt
534.97
Lot Sq Ft
(
approx
)
1,646*
Lot Acres
(
approx
)
0.0378
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
18
Year Built
1915*
Levels
Four
Special Listing Conditions
None
Property Condition
Original, Updated/Remodeled
Property Location
County
San Francisco
Cross Street
Duboce Ave
Area/District
SF District 5
Subdistrict
Mission Dolores
Interior Information
Interior Features
Formal Entry, Storage Area(s)
Flooring
Carpet, Laminate
Cooling
None
Heating
Wall Furnace
Basement
None
Construction Information
Construction Materials
Wood
Roof
Tar/Gravel
Parking Information
Garage Spaces
2
Total Parking Spaces
2
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
2
Independent Parking Spaces
0
Parking Features
Garage
Lot and Outdoor Information
Lot Features
None
View Description
Downtown, San Francisco
Association Information
Association
No
School Information
Green Information
Other Listing Information
Listing Service
Full Service