Active

1700 Octavia Street

San Francisco CA, 94109

$9,750,000


$437.22 per sqft

Active

16 Beds

22,300 sqft

Multi-family

Built in 1927

First time on the market in 25+ years. 1700 Octavia Street is a stunning 35-unit building located in Lower Pacific Heights on the corner of Octavia and Bush Streets. Constructed in 1927, the 7-story concrete building is comprised of one (1) 2-bedroom/1 bathroom, fourteen (14) 1-bedroom/1 bathroom units, and twenty (20) studio units. The corner, two-bedroom unit was tastefully converted from a 1-bedroom. There are banked rents dating back to 2017 which will increase the gross income from $829k to $878k annually. All 35 units face West with expansive views. There is garage parking for five (5) cars. All floors are serviced by an elevator. The units are separately metered for gas and electricity. Lafayette Park, Japantown, Fillmore Street, and Whole Foods are all within a 10-minute walk. Priced at 11.1 GRM and $278k/unit,1700 Octavia Street presents an opportunity to own a true trophy apartment building in the heart of San Francisco.

424037849

MLS ID

May 31, 2024

Listed

July 13, 2024

Updated

Map

1700 Octavia Street
San Francisco CA, 94109

Interior Features

Total Stories

0


Bedrooms

16


Laundry Description

Coin Operated


Floor Description

Wood


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Steam

Exterior/Building Features

Lot Size

0.08 Acres


Lot Features

Sidewalk

Other Property Details

Area Name

SF District 6


Garage

Yes


Garage Spaces

5


Parking

Garage


Parking Total

5


View

Yes


View Description

City, City Lights, Downtown, San Francisco


County

San Francisco


Pool

No


Zoning

RM1

Listed by John M Antonini with Compass Commercial

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 7/13/2024.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Charles Jacob shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 7:27 AM UTC, 7/13/2024

Powered byLuxury Presence