1694-1698 Oakdale Ave is a well-maintained 4-unit property built in 1948. The building is comprised of two buildings on one parcel. The corner building contains a full functioning laundromat and 3-bedroom unit. The second building on Newhall contains (2) two-bedroom units. The upstairs two-bedroom is currently VACANT and presents significant upside. All of the residential units are under section 8 leases and may be petitioned for an increase in the near future. The subject property is situated in the Bayview District, one of the most rapidly developing neighborhoods of San Francisco. Close proximity to the 3rd Street lightrail makes transportation to other parts of the Bay Area very accessible.
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