Sold
Closed
1945 Lyon Street
San Francisco CA, 94115
$4,036,555
$582.73 per sqft
Sold
Closed
12 Beds
6,927 sqft
Multi-family
Built in 1907
Great new price. 12.1GRM - 6% Cap Rate - This rare offering consists of six charming flats with private entrances and a six car garage. Each of the flats is five rooms and can be used as 2bd or 3bd. Five of the units will be delivered vacant. These charming flats receive great light and boast period charm with hardwood floors, fireplaces, and built-in cabinets. Each unit has laundry in the unit or hook-ups. The middle and upper units have nice eastern outlooks and receive great natural light. One of the lower units has a small private deck off of the dining room. The vacant units provide an investor with the opportunity to complete a TIC project in one of the city's premiere locations, or to continue renting these highly desirable apartments. The garage was added in 2003, and the work included upgrading the foundation and adding six storage lockers. In 2016 additional seismic work was completed to comply with the soft-story ordinance. There are separate meters for gas and electricity, and separate water heaters, keeping operating expenses low. Located half a block from Sacramento Street, occupants are within walking distance to the excellent shopping, dining, and conveniences of Presidio Heights and Laurel Village.
423747789
MLSⓇ ID
June 7, 2023
Listed
October 1, 2024
Updated
Map
1945 Lyon Street
San Francisco CA, 94115
Interior Features
Total Stories
0
Bedrooms
12
Floor Description
Wood
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
Lot Features
None
Other Property Details
Area Name
SF District 7
Garage
Yes
Garage Spaces
6
Parking
Garage
Parking Total
6
View
No
County
San Francisco
Water Source
Separate Meter
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/20/2023 | Price change | $4,036,555 -8% |
10/20/2023 | Sold | $4,036,555 |
9/23/2023 | Pending | — |
9/6/2023 | Price change | $4,375,000 -8% |
7/14/2023 | Active | — |
6/9/2023 | Pending | — |
Bought with Mike Hood with Compass and Listed by Adam D Filly (DRE #DRE #01354775) 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 10/1/2024.
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 Ted Bartlett | Victoria Stewart Davis shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 9:01 PM UTC, 10/1/2024