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$1,895,000

Beds
2
Baths
2.0
sq ft
2,930

2817 24th St, San Francisco, CA 94110

2817 24th St

San Francisco, CA 94110

  • 58 days on market
Prime investment opportunity in the heart of the vibrant 24th Street corridor of the Inner Mission. The 3-unit fully occupied building consists of two recently remodeled 1-bedroom residential flats above a commercial ground level - making it an ideal turn-key investment property. The spacious residential units have been remodeled by the current owner and feature tall ceilings, updated kitchens and baths, in-unit laundry, hardwood floors, and sunny decks with Southern exposure. The ground level is leased by the established and highly rated Tacos Del Barrio restaurant - this tenant pays 1/3 of taxes and insurance effectively adding to already impressive general income. Ideally located in the heart of the cultural Inner Mission, the new AI hub, the property is Walker's and Biker's Paradise.

Details

Property type

Mixed Use

Est. home value

$1,940,514

Property condition

Updated/Remodeled

Lot size

1,598.652 sq ft

Price per sq ft

$647

Year built

1907

HOA

No

Price History

12/19/2024
SFAR

SFAR #424067316

Listed
$1,895,000
12/18/2024
SFAR

SFAR #424067316

Removed
$1,895,000
10/28/2024
SFAR

SFAR #424067316

Listed
$1,895,000
-5.01%

Schools & Community

Neighborhood: 

Mission

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

Republic Bank

Loan start date

September 2016

Original loan amount

$1,300,000

Est. remaining balance

Not provided

Interest rate

2.78%

Loan type

Commercial

Seller

2817 24Th Street 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: 12/25/2024 at 9:45 AM

Listing updated: 12/21/2024 at 1:46 PM

Listed by: Alek Keytiyev, Compass

MLS: SFAR #424067316

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