David Gowan Presents:
Charming Four Unit Victorian Investment Opportunity - $1,650,000
Handsome 4 unit Victorian building on a coveted and picturesque block in excellent Lower Pacific Heights location. There are 3 - 1 bedroom units and 1 large studio. The light filled owners unit is a large top floor 1 bedroom with hardwood floors, gas fireplace, high ceilings and outdoor space off the kitchen, (will be delivered vacant). This unit includes a one car garage for the new owner. All units are unique with charm and character circa 1900. There is a 2 car side by side garage and rear garden patio. Excellent opportunity for an owner occupant or wise investor wanting the excitement of being 1 block to Fillmore Street with it's abundance of fashionable boutiques and restaurants as well as close proximity to Japantown. Excellent neighborhood corner store less than 1/2 level block away! Buyer to cooperate with a 1031 exchange.
All tenants are on Month to Month:
Unit #1 - $1,428.40
Front Studio, kitchen with eating area, living/sleeping space and bathroom
Unit #2 - $1,972.67
Back lower 1 bedroom, living room, dining room, kitchen, office alcove and bathroom plus exclusive use and access to the patio/garden $1,797.67 plus 1 garage $175.00
Unit #3 - $1,738.65
Front upper 1 bedroom with partial views, living room with fireplace, dining area, kitchen, bedroom and bathroom
Unit #4 - $3500.00+/-
Top back 1 bedroom, living room with gas fireplace, dining room, office alcove, kitchen with exclusive use deck, bathroom, 1 garage
Owner occupied, will be delivered vacant, income is projected rent
Projected total monthly income $8,639.72
There is a partial basement and breezeway along the South side of building.
WALK SCORE 100 - Leave your car in the garage!
Pacific Heights homes for sale deliver commanding views of the San Francisco Bay and the city below with neighborhood hills rising from the Marina and running along an east-west ridge between the Presidio and Van Ness avenue. When Hollywood wants to film a chase scene, Pacific Heights is where they come for cinematic thrills.
Some of the oldest, grandest, and largest homes in the city can be found in Pacific Heights which features ample stock of Victorians, Edwardians, Mission Revival and homes in the style of French Chateaus. This is an affluent neighborhood, home to large, quiet consulates of Germany, Greece, Italy, Portugal, and Russia. Some of these former baronial mansions now serve as elite private schools. These include San Francisco High School, Drew School, Town School For Boys, Convent of the Sacred Heart (in the former Flood Mansion), and Stuart Hall High School.
Those lucky enough to live in Pacific Heights homes enjoy gorgeous parks, playgrounds, and, bounded by the Presidio, easy access to open space, and miles of hiking, running and biking. The main shopping district can be found on Fillmore Street, which runs north and south through Pacific Heights. Some of the chicest boutiques, choicest restaurants, one of a kind floral arrangements, patisseries, and designer yogurt can be found on Fillmore Street.