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Listing Summary
Listing
#423921593
$4,995,000 (LP)
$4,720,000 (SP)
SP % LP
:
94.49
2855 Polk St, San Francisco, CA 94109*
Closed
(03/19/24)
SqFt:
10200*
Lot Size SqFt:
4975*
Area/District
:
8
E
Yr
:
1925
*
Total Parking Spaces:
7
Remarks
2855 Polk Street is an ideally located apartment building in the very desirable Russian Hill neighborhood of San Francisco. The building consists of 15 total units with a mix of 2 one bedroom apartments and 13 large studio apartments. One enters the property through a lush courtyard shared with the neighboring building. The apartment units are all large with spacious rooms, good light, and large closets. The apartments have hardwood floors and some of the units have wonderful Golden Gate Bridge Views! There is a 6 car garage. Each unit is separately metered for gas and electricity. Tenants pay for separate heat. There are two washers and two dryers in the laundry area. The building has been very well maintained throughout the years. Soft story work has been completed.
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Remarks
Agent and Office Information
Agent
Dan McGue
Primary:415-310-5787 Secondary:415-229-1245 Lic: 00656579
Office
Coldwell Banker Commercial Realty
Phone: 415-474-1750 Office Lic.: 01908304
Price, Dates and Commissions
Commission to Buyer Office
Commission to Buyer Office
2.5
Unit Information
# Of Buildings
0
# Of Units Leased
14
# Of Units Month to Month
0
# Of Units Total
15
# Of Units Vacant
1
# of 1 Bedroom Units
2
# of 2 Bedroom Units
0
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
13
# Commercial Units
0
Units Furnished
None
Unit 1 Bedrooms
0
Unit 1 Full Baths
0
Unit 1 Partial Baths
0
Unit 1 Rent
$
0
Unit 1 Approx SqFt
0
Unit 1 # of Rooms
0
Unit 2 Bedrooms
0
Unit 2 Full Baths
0
Unit 2 Partial Baths
0
Unit 2 Rent
$
0
Unit 2 Approx SqFt
0
Unit 2 # of Rooms
0
Elevation Units
Feet
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
2
# of 2 Bedrooms Occupied
0
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
12
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
435264
Gross Rent Multiplier
10.84
Net Operating Income
$
288997
Monthly Income
$
0
Income Includes
Laundry
Operating Expense
$
146267
Total Deposit
$
0
Total # Leasable
0
Utilities Expense
$
0
Operating Expense Includes
Insurance, Professional Management, Property Tax, Utilities
Other Expense
$
63145
Tax Annual Amount
$
63114
Monthly Expenses
$
0
Actual or Scheduled
Scheduled
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Property Information
Subtype Description
Apartments
Approx SqFt
10,200*
SqFt Source
Assessor Auto-Fill
Price / SqFt
462.75
Lot Sq Ft
(
approx
)
4,975*
Lot Acres
(
approx
)
0.1142
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
32
Year Built
1925*
Levels
Three
Special Listing Conditions
None
Property Location
County
San Francisco
Cross Street
Francisco
Area/District
SF District 8
Subdistrict
Russian Hill
Interior Information
Construction Information
Parking Information
Total Parking Spaces
7
Covered Spaces
7
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Parking Features
Attached
Lot and Outdoor Information
Lot Features
Court, Landscape Front, Shape Regular
View Description
Golden Gate Bridge
Association Information
Association
No
School Information
Green Information
Other Listing Information
Listing Service
Full Service