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Listing Summary
Listing
#496663
$2,950,000 (LP)
1501 Revere Ave, San Francisco, CA 94124*
Expired
(08/08/21)
SqFt:
7200*
Lot Size SqFt:
2866*
Area/District
:
10
A
Yr
:
1931
*
Total Parking Spaces:
4
Remarks
Excellent investment opportunity! 7.68% Market Cap Rate with Gross Scheduled Income. Apartments/Retail/Mixed Use/3 Story building, zoned RH2, centrally located in the up and coming Bayview District. Close to restaurants and shops with easy freeway access. Situated on the corner of Revere Ave and Keith St in San Francisco, this property has 4 apartment units, 1 commercial unit with an office, a basement and 4 parking spaces. It has an excellent unit mix comprising of 3-2BR/1 BA and 1-1 BR/1 BA. The commercial space was a liquor/grocery store and the basement was utilized as a bar. Currently both spaces and a 2 BR residential unit are vacant with great potential for added rental income. Good income for investors or homeowners to live in one unit and rent the rest.--
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Showing Information
Directions to Property
3rd Street then to Revere Avenue
Remarks
Agent and Office Information
Agent
Marissa B Reyes
Primary:650-438-7190 Secondary:650-438-7190 Lic: 01227951
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
0
# Of Units Month to Month
0
# Of Units Total
5
# Of Units Vacant
2
# of 1 Bedroom Units
1
# of 2 Bedroom Units
3
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
1
Other Unit(s)
Store(s)
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
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
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
$
264000
Gross Rent Multiplier
11.17
Net Operating Income
$
229117
Monthly Income
$
0
Operating Expense
$
48880
Total Deposit
$
0
Total # Leasable
0
Utilities Expense
$
0
Operating Expense Includes
Gas, Insurance, Maintenance Structure, Property Tax, Trash, Water/Sewer
Tax Annual Amount
$
34883
Lease Term
Lease/Month to Month Mix
Tenant Pays
Electricity
Monthly Expenses
$
0
Separate Meters
Electricity
Actual or Scheduled
Scheduled
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Possession
Negotiable, Subject To Tenant Rights
Property Information
Subtype Description
Apartments, Flats, Mixed Use
Approx SqFt
7,200*
SqFt Source
Assessor Auto-Fill
Price / SqFt
409.72
Lot Sq Ft
(
approx
)
2,866*
Lot Acres
(
approx
)
0.0658
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
16
Year Built
1931*
Stories
3
Special Listing Conditions
None
Property Location
County
San Francisco
Cross Street
Keith Street
Area/District
SF District 10
Subdistrict
Bayview
Zoning
RH2
Interior Information
Appliances
Free Standing Refrigerator
Flooring
Carpet, Tile, Vinyl, Wood
Basement
Storage Area, Unfinished
Construction Information
Architectural Style
Traditional
Construction Materials
Frame, Stucco, Wood
Foundation
Combination
Roof
Tar/Gravel
Window Features
Window Coverings
Parking Information
Total Parking Spaces
4
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Parking Features
Detached, Uncovered
Lot and Outdoor Information
Lot Features
Corner
Association Information
Association
No
School Information
School District (County)
San Francisco
Green Information
Other Listing Information
Disclosures/Documents
Preliminary Title Report
Listing Service
Full Service