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.

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

Data last updated 9:01 PM UTC, 10/1/2024

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