Skip to main content

Multifamily

635 17th Ave

635 17th Ave, San Francisco, CA 94121

Listing Price: $2,400,000

Cap Rate
2.96%
Number of Units
2
Price/Unit
$1,200,000
Price/Gross SF
$866.43
Gross SF
2,770

Investment Overview

635 17th Ave is an extremely well maintained three-story duplex located in thriving San Francisco, California. Constructed in 1986, the subject property sits on a 2,619 square foot lot and has a gross building area of 2,770 square feet.  Perfect for an owner user or investor, the subject property boasts two adjacent three (3) bedroom two and half (2.5) bath units, each with an upstairs and downstairs level. The subject property offers residents a large living room, replace, private parking and on-site laundry. Residents also enjoy well maintained beautifully designed kitchens and baths. San Francisco is recognized worldwide for its spectacular physical beauty, culture, business opportunities and professional sports teams. It also acts as the administrative, financial, cultural and services hub for the Western United States. San Francisco’s cost of living is one of the most expensive in the nation due in part to the tight housing market and soaring cost of goods and services. The Bay Area has one of the highest discretionary income levels in the United States as a result of the metro’s educated workers and its concentration of jobs in well-paying industries. Cultural and recreational opportunities for residents abound, including a theater district, symphony, opera and more than 20 museums. In addition, the subject property is located within close proximity to the University of San Francisco, UCSF Medical and Golden Gate Park.  The investment appeal of this asset is driven by San Francisco’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 635 17th Ave presents an attractive choice for San Francisco renters due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Investment Highlights

  • Tremendous Investment Opportunity in San Francisco Exempt From San Francisco Rent Control – 1986 Build
  • Extremely Rare Low Maintenance Property with Separate Utility and Water Meters: Tenants responsible for all Utilities Including Water
  • Desirable Unit Mix Consisting of Large Three-Bedroom Two and Half Bath Floor Plans
  • World Class San Francisco Location in Proximity to a Plethora of Outdoor Entertainment
  • Short Distance to University of San Francisco, UCSF Medical and Golden Gate Park

Exclusively Listed By

Listing Price: $2,400,000

Cap Rate
2.96%
Number of Units
2
Price/Unit
$1,200,000
Price/Gross SF
$866.43
Gross SF
2,770

Investment Highlights

  • Tremendous Investment Opportunity in San Francisco Exempt From San Francisco Rent Control – 1986 Build
  • Extremely Rare Low Maintenance Property with Separate Utility and Water Meters: Tenants responsible for all Utilities Including Water
  • Desirable Unit Mix Consisting of Large Three-Bedroom Two and Half Bath Floor Plans
  • World Class San Francisco Location in Proximity to a Plethora of Outdoor Entertainment
  • Short Distance to University of San Francisco, UCSF Medical and Golden Gate Park

Investment Overview

635 17th Ave is an extremely well maintained three-story duplex located in thriving San Francisco, California. Constructed in 1986, the subject property sits on a 2,619 square foot lot and has a gross building area of 2,770 square feet.  Perfect for an owner user or investor, the subject property boasts two adjacent three (3) bedroom two and half (2.5) bath units, each with an upstairs and downstairs level. The subject property offers residents a large living room, replace, private parking and on-site laundry. Residents also enjoy well maintained beautifully designed kitchens and baths. San Francisco is recognized worldwide for its spectacular physical beauty, culture, business opportunities and professional sports teams. It also acts as the administrative, financial, cultural and services hub for the Western United States. San Francisco’s cost of living is one of the most expensive in the nation due in part to the tight housing market and soaring cost of goods and services. The Bay Area has one of the highest discretionary income levels in the United States as a result of the metro’s educated workers and its concentration of jobs in well-paying industries. Cultural and recreational opportunities for residents abound, including a theater district, symphony, opera and more than 20 museums. In addition, the subject property is located within close proximity to the University of San Francisco, UCSF Medical and Golden Gate Park.  The investment appeal of this asset is driven by San Francisco’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 635 17th Ave presents an attractive choice for San Francisco renters due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower