Property Details
About this Property
1653 Grant Avenue is 16 unit corner building in San Francisco's storied Telegraph Hill neighborhood. This prime location is situated on a quiet corner of Telegraph Hill, but is mere blocks away from all the best North Beach has to offer. The property is a mix of 10 two-bedroom and 5 one-bedroom apts. Eight of the two-bedrooms on Greenwich Street are Romeo-style units with rear porches. The sixteenth unit is the corner commercial space, . Several of the units have Golden Gate Bridge and Bay Views. The building is detached on all sides, so most units receive great natural light. Rarely will you find a more efficient property with regard to operating expenses as there are separate meters for water, gas, and electricity, each unit has a separate water heater, and tenants pay a pro-rata share of the garbage bill. This asset has experienced a healthy amount of turnover, which should allow for a new owner to keep pace with market rents. The soft story retrofit was completed in 2021. The building is compliant with the Sleep Alarm' ordinance. This is a turn-key asset in one of San Francisco's most desirable locations. Priced to sell at an 11.3 GRM and 6.2% Cap Rate
MLS Listing Information
MLS #
SF424014027
MLS Source
San Francisco Association of Realtors® MLS
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Adam Filly
Compass Commercial
License #: 01354775
Phone: (415) 516-9843
Co-Listing Agent
Scott Whelan
License #: 01509680
Phone: (415) 309-3795
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 16 | 15 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1653 Grant Ave is a Residential Income in San Francisco, CA 94133. This 14,291 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1908. This address can also be written as 1653 Grant Ave, San Francisco, CA 94133.
©2024 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of October 04, 2024. For the most current information, please contact Adam Filly, (415) 516-9843
