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+14083423000
Intero Real Estate Services
1706 Grove Street, San Francisco, CA 94117
- $3,295,000
- 13
- BD
- 6,383
- SqFt
- List Price
- $3,295,000
- MLS#
- 426169470
- Property Type
- Multifamily
- Bedrooms
- 13
- Sqft. of Residence
- 6,383
- Lot Size
- 2,439
- Region
- SF District 6
- Status
- ACTIVE
- County
- San Francisco
- Acres
- 0.06
- Year Built
- 1916
Property Description
1706 Grove Street offers a rare chance to acquire a turnkey 7-unit corner apartment building in San Francisco's highly sought-after Nopa neighborhood, just blocks from the Panhandle, Alamo Square, and USF. Spanning 6,398 Sq Ft with abundant light on three sides, the property features six spacious two-bedrooms and one one-bedroom, in-unit laundry, and stainless, stone, and tile finishes throughout, plus a new ADU and two garages. Renovated units, updated building systems, completed seismic and fire alarm work, and low expenses make for easy ownership. Most units were leased in 2022 and 2023, and market rents run roughly 60% above in-place rents, leaving significant upside for a new owner. Divisadero's dining and retail nearby, the location supports strong, lasting tenant demand.
Additional Information
- Living Area
- 6,383
- Lot Size
- 2,439
- Neighborhood
- North Panhandle
- Region
- SF District 6
- Subdivision
- North Panhandle
- Units
- 7
- Zoning
- RM-1
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Listing courtesy of Maven Commercial, Inc..