$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 #424075996
Listed
$2,800,000
+14.29%
10/08/2013
SFAR #408116
Sold
$2,450,000
+28.95%
06/20/2006
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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