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Listing Summary
Listing
#423900143
$2,800,000 (LP)
520 8th Ave, San Francisco, CA 94118
Canceled
(05/06/24)
SqFt:
5286
Lot Size SqFt:
3000*
Area/District
:
1
B
Yr
:
1963
*
Total Parking Spaces:
1
Remarks
520 8th Ave is a well maintained three-story apartment building located in the Inner Richmond District, one of the best neighborhoods to live in San Francisco. The property is close to Geary Blvd and Clement St, which offers many popular restaurants, coffee/boba tea shops, bars, and retail stores. In addition, it is three blocks away from the de Young Museum and the California Academy of Sciences located in the iconic Golden Gate Park. 520 8th Ave is an approximately 5,286 square foot building on a 3,000 square foot lot. This building has 4 two-bedroom one-bath units and 2 one-bedroom one-bath units on the upper floors, plus a brand new two-bedroom two-bath ADU unit on the ground floor. The subject property's APN is 1550-046 and zoning is Residential House (RH-2). The seismic retrofit has been completed. The subject property presents a great investment opportunity for investors to acquire a multi-family building in the incredible Inner Richmond District.
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Remarks
Agent and Office Information
Agent
Ning H Ho
Lic: 01943903
Office
Marcus & Millichap
Phone: 415-963-3000, FAX: 415-963-3010 Office Lic.:
Price, Dates and Commissions
Commission to Buyer Office
Commission to Buyer Office
2.5%
Unit Information
# Of Buildings
0
# Of Units Leased
5
# Of Units Month to Month
0
# Of Units Total
7
# Of Units Vacant
2
# of 1 Bedroom Units
2
# of 2 Bedroom Units
5
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
0
Units Furnished
Varies By Unit
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
1
# of 2 Bedrooms Occupied
4
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
218416
Gross Rent Multiplier
12.82
Net Operating Income
$
185306
Monthly Income
$
0
Operating Expense
$
33110
Total Deposit
$
0
Total # Leasable
0
Utilities Expense
$
0
Tax Annual Amount
$
33110
Monthly Expenses
$
0
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Property Information
Subtype Description
Apartments
Approx SqFt
5,286
SqFt Source
Assessor Agent-Fill
Price / SqFt
529.70
Lot Sq Ft
(
approx
)
3,000*
Lot Acres
(
approx
)
0.0689
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
22
Year Built
1963*
Levels
Three
Special Listing Conditions
Offer As Is
Property Location
County
San Francisco
Cross Street
Anza St
Area/District
SF District 1
Subdistrict
Inner Richmond
Interior Information
Construction Information
Parking Information
Total Parking Spaces
1
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Parking Features
Garage
Lot and Outdoor Information
Lot Features
Shape Regular
Association Information
Association
No
School Information
Green Information
Other Listing Information
Listing Service
Limited Service