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$2,499,000

Beds
6
sq ft
4,881

1377 9th Ave, San Francisco, CA 94122

1377 9th Ave

San Francisco, CA 94122

  • 263 days on market
    • Price drop $100,000↓
1377-1379 9th Avenue is a 4-unit mixed-use (retail + residential) property in the Inner Sunset District of San Francisco. The property is split between two structures on one lot. The front structure comprises a ground-floor retail space of approximately 2,200 square feet, which will be delivered vacant. Above it, there are two 2-bedroom/1-bathroom units. The rear structure consists of one townhouse-style 2-bedroom/2-bathroom unit and a non-conforming studio. Most units are equipped with electric baseboard heating, laminate flooring, skylights, and walk-in closets. The ownership recently updated the roof and installed dual-pane windows throughout. The property is in an excellent location in the Inner Sunset District just steps away from Irving Street, the most lively and trendy neighborhood in the Avenues. Tenants benefit from an abundance of highly-regarded restaurants and retailers. Golden Gate Park is just seconds away while UCSF's Parnassus Campus is a 3 block walk from the property. The investment appeal of this property is its irreplaceable location and owner-user potential.

Details

Property type

Mixed Use

Est. home value

$2,087,756

Lot size

2,996.928 sq ft

Price per sq ft

$512

Year built

1907

Price History

08/09/2024
SFAR

SFAR #424000526

Price change
$2,499,000
-3.85%
05/22/2024
SFAR

SFAR #424000526

Listed
$2,599,000
04/08/2024
SFAR

SFAR #424000526

Removed
$2,599,000

Schools & Community

Neighborhood: 

Inner Sunset

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of The Orient

Loan start date

February 2018

Original loan amount

$1,250,000

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

Commercial

Seller

Lkch Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/05/2024 at 5:20 AM

Listing updated: 09/19/2024 at 12:10 PM

Listed by: Brian Leung, Compass Commercial

MLS: SFAR #424000526

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