Bougth with Charles Post
$7,495,000
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6 Beds
11,205 SqFt
SOLD DATE : 01/20/2023
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,205 sqft
Price per Sqft $653
MLS Listing ID 422681718
Sold Date 01/20/23
Bedrooms 6
HOA Y/N No
Year Built 1927
Lot Size 4,687 Sqft
Acres 0.1076
Property Sub-Type Multi Family
Property Description
1895 Jefferson Street is a well maintained 18-unit residential building with 10 garage spaces. Located in Marina district of San Francisco, this trophy property contains 12 studio apartments and 6 one-bedroom units. Each apartment is separately metered for PG&E and has tenant-paid electric heaters. These classicstyle units with French doors, bay windows, and hardwood floors are always in demand. The building went through significant upgrades in 1991 after the Loma Prieta earthquake and was the first residential building in North America to have a pendulum foundation system. There is an active USGS earthquake monitoring system in the boiler room. This property offers significant upside potential for the savy investor due to the potential to construct several ADUs in the existing garage spaces. Buyers are encouraged to perform all investigations about the possibility of developing future ADUs.
Location
State CA
County San Francisco
Area Sf District 7
Rooms
Basement None
Interior
Interior Features Formal Entry
Heating Baseboard, Electric
Flooring Linoleum, Tile, Wood
Fireplace No
Window Features Bay Window(s),Varies by Unit
Appliance Free-Standing Gas Oven, Free-Standing Refrigerator
Laundry Coin Operated
Exterior
Garage Spaces 10.0
Total Parking Spaces 10
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 0913027
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