2960 Polk St, San Francisco, CA 94109

2960 Polk Street represents a rare buying opportunity in the highly desirable Russian Hill. This property consists of 12 condominiums with separate APN numbers for each unit. These spacious four-room units are used as Two-Bedrooms. Many of the condos have been remodeled in the recent past, and some have Bay and GG Bridge views. There are 10 garage spaces. Each condo is separately metered for gas and electricity. The soft-story retrofit was completed in 2017. In 2024 a new fire alarm panel and sleep alarms were installed, bringing the property into compliance with the new ordinance. The property has an elevator, however, it was decommissioned in 2023 and is not currently in service. Currently operating as an apartment building, the property produces a gross annual income of $489,952. Professionally managed and well maintained by the same family for over 40 years. Do not miss this excellent and rare investment opportunity!