Property Type:5 Or More Units
Lot Size:5,252 Sq. Ft.
1409 Golden Gate is a beautiful Queen Anne Victorian property consisting of six large flats and a studio unit. Constructed in 1892, the property anchors what is known as the Seattle Block. The main residences are grand flats with massive scale. The property has two parcel numbers but has always operated as one building. These units lay out as 4 and 5 bedroom units in their current configuration. They have hardwood floors, built-ins, French doors, ornate moldings and medallions, decorative fireplaces, and 15' ceiling height. The upper units have nice views towards downtown. Two of these flats will be delivered vacant and in need of significant remodeling. The size of these flats will allow a new owner to increase the bedroom and bathroom count if they wish to do so. Additionally, there is a huge attic space that may offer development potential. There is unoccupied space below both lower units that may offer future expansion potential. The property is located just a few blocks from Alamo Square and also provides tenants with convenient access to the Divisadero corridor, Lower Haight, and Hayes Valley, making it a very attractive rental location. Only $226/Square Foot. Building needs work and is best suited for experienced investors or contractors.
Price Change History
Address:1419 Golden Gate Avenue, San Francisco, CA 94115
District:SF District 6
Subtype Description: Apartments
Features / Amenities
Lot Size: 0.12 Acres / 5,252 Sq. Ft.
Tax and Financial Info
Cap Rate: 8.46
Buyer Agency Compensation: 2.5%
WALKING AND TRANSPORTATION
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Listing Information Last Updated 2/22/2024
Listing provided courtesy of Compass Commercial.
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