tomo logo

$2,800,000

Beds
1
sq ft
8,640

2886 16th St, San Francisco, CA 94103

2886 16th St

San Francisco, CA 94103

  • 60 days on market
14-unit investment property in the vibrant Mission neighborhood. There are 12 studios, 1 ground floor commercial and 1 live/work style 1-bedroom on the ground floor. Significant upgrades in the last decade enhancing the overall building value and reducing future maintenance costs. Soft story retrofit completed with new steel beams, new concrete footings, a complete basement upgrade with a laundry area. Several of the residential units have been remodeled, with modern finishes and stainless steel appliances. There have been major remodels to units #6, #8, and the live/work space. In addition the building has new exterior paint and a rebuilt back deck and stairs. Unit #4 will be delivered vacant, presenting a valuable opportunity for a new owner to further enhance the building's appeal and increase its rental income.

Details

Property type

Mixed Use

Lot size

3,520 sq ft

Price per sq ft

$325

Year built

1923

HOA

No

Price History

10/26/2024
SFAR

SFAR #424075996

Listed
$2,800,000
+14.29%
10/08/2013
SFAR

SFAR #408116

Sold
$2,450,000
+28.95%
06/20/2006
SFAR

SFAR #299342

Sold
$1,900,000
+23.54%

Schools & Community

Neighborhood: 

Mission

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/25/2024 at 10:10 AM

Listing updated: 10/26/2024 at 12:11 AM

Listed by: Mark E. Bonn, Compass Commercial

MLS: SFAR #424075996

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