Sold for $2,350,000

$2,350,000

601-607 24th Ave, San Francisco, CA 94121

7beds

0baths

6,264sqft

Multi Family

Built in 1936

-- sqft lot

$2,378,000 Zestimate^®

$375/sqft

$5,680 Estimated rent

Home value

$2,378,000

$2.07M - $2.73M

$5,680/mo

Zestimate^® history

Owner options

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$5,680/mo

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$5,680/mo

Rent Zestimate^®

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$15,073/mo

Est. payment

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$15,073/mo

Est. payment

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What's special

Opportunity awaits at this 7-unit art deco building conveniently located in Central Richmond, with quick access to Geary Blvd, Clement corridor, and public transit. Offering 6,264 sq ft of living space, each unit is spacious at around 879 sq ft for the apartments and 638 sq ft for the cottage. The six units in the art deco building are 1bed/1bath apartments with a dining room that can be used as a second bedroom. Two units are vacant. The cottage is a 2-level structure with the bedroom on the ground level and a spacious living room with balcony on the top level.Gross scheduled income is $192,156 with a cap rate of 6.90% and GRM of 10.40.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 0

Heating

Baseboard, Wall Furnace

Appliances

Included: Dishwasher, Electric Cooktop, Free-Standing Electric Range, Free-Standing Refrigerator, Gas Water Heater
Laundry: Coin Operated, Common Area

Features

Windows: Bay Window(s), Dual Pane Partial

Interior area

Total structure area: 6,264
Total interior livable area: 6,264 sqft

Property

Parking

Total spaces: 5
Parking features: Attached, Garage, Side By Side
Has attached garage: Yes
Covered spaces: 5

Features

Levels: Four
Stories: 4
Has view: Yes
View description: City, City Lights, Golden Gate Bridge, San Francisco

Lot

Size: 2,692 Square Feet
Features: Corner Lot, Irregular Lot

Details

Parcel number: 1567001
Zoning: RH2
Special conditions: Probate Listing

Construction

Type & style

Home type: MultiFamily
Architectural style: Art Deco,Cottage
Property subtype: Multi Family

Materials

Stucco, Wood Siding
Foundation: Concrete Perimeter
Roof: Asphalt,Tar/Gravel

Condition

Year built: 1936

Utilities & green energy

Electric: Separate Meter
Sewer: Public Sewer
Water: Public
Utilities for property: Common Area Meter

Community & HOA

Community

Security: Fire Alarm

HOA

Has HOA: No

Location

Region: San Francisco
Elevation: 0

Financial & listing details

Price per square foot: $375/sqft
Date on market: 10/20/2023
Cumulative days on market: 19 days
Total actual rent: 0

Price history

Date	Event	Price
11/21/2023	Sold	$2,350,000+17.6%$375/sqft
Source: SFAR #423914992 Report a problem
10/27/2023	Pending sale	$1,998,000$319/sqft
Source: SFAR #423914992 Report a problem
10/20/2023	Listed for sale	$1,998,000$319/sqft
Source: SFAR #423914992 Report a problem