$2,800,000
2886 16th Street, San Francisco, CA 94103
14-unit investment property in the vibrant Mission neighborhood. There are 12 studios, 1 ground floor commercial and 1 live/work style 1-bedroom on the ground floor. Significant upgrades in the last decade enhancing the overall building value and reducing future maintenance costs. Soft story retrofit completed with new steel beams, new concrete footings, a complete basement upgrade with a laundry area. Several of the residential units have been remodeled, with modern finishes and stainless steel appliances. There have been major remodels to units #6, #8, and the live/work space. In addition the building has new exterior paint and a rebuilt back deck and stairs. Unit #4 will be delivered vacant, presenting a valuable opportunity for a new owner to further enhance the building's appeal and increase its rental income.
Utilities: Cable Available, City, Natural Gas Connected
Roof: Asphalt, Flat
Lot Features: Shape Regular
Air Conditioning: None
Sewer: Public Sewer
Substructure: Concrete
Financial
Sales Price: $2,800,000
Zoning: M1
2886 16th Street
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