First time on the market in 25+ years. 1700 Octavia Street is a stunning 35-unit building located in Lower Pacific Heights on the corner of Octavia and Bush Streets. Constructed in 1927, the 7-story concrete building is comprised of one (1) 2-bedroom/1 bathroom, fourteen (14) 1-bedroom/1 bathroom units, and twenty (20) studio units. The corner, two-bedroom unit was tastefully converted from a 1-bedroom. There are banked rents dating back to 2017 which will increase the gross income from $829k to $878k annually. All 35 units face West with expansive views. There is garage parking for five (5) cars. All floors are serviced by an elevator. The units are separately metered for gas and electricity. Lafayette Park, Japantown, Fillmore Street, and Whole Foods are all within a 10-minute walk. Priced at 11.1 GRM and $278k/unit,1700 Octavia Street presents an opportunity to own a true trophy apartment building in the heart of San Francisco.
MLS #
SF424037849
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
113
Flooring
Wood
Laundry
Coin Operated
Heating
Steam
Foundation
Slab
Garage/Parking
Garage, Garage: 5 Car(s)
HOA Fee
$0
Zoning
RM1
Listing Agent
John Antonini
Compass Commercial
License #: 01842830
Phone: (415) 794-9510
Co-Listing Agent
Amir Hardy
License #: 01797731
Phone: (415) 602-0570
# Buildings | # Leased Units | # Total Units |
---|---|---|
35 | 31 | – |
1700 Octavia St is a Residential Income in San Francisco, CA 94109. This 22,300 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $9,750,000 and was built in 1927.
This address can also be written as 1700 Octavia St, San Francisco, CA 94109.©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 July 04, 2024. For the most current information, please contact John Antonini, (415) 794-9510