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283 Parker Ave, San Francisco, CA 94118

$2,555,000

Last sold 02/21/2025 for $2.4M

8
bed
6
bath
4,650
Sqft ($516/Sqft)

Multi-family not for sale

About 283 Parker Ave

Property type Multi-family

Neighborhood

Year built 1988

HOA fee $0/month

Lot size 3,125 Sqft

Movoto estimate

Rental estimate

Property description

Built in 1988, this well-maintained and updated triplex offers a rare opportunity for investors - no rent control! Located in a prime spot near USF and the Laurel Heights Shopping Center, this property has excellent potential for strong market rents. Unit A, the largest unit is currently vacant - features 3 bedrooms, 2 bathrooms, a sunroom/office, an updated kitchen and baths, a formal living room with a fireplace, and a dining area - perfect for an owner-occupier or setting a high market rental rate. Unit B includes 3 bedrooms, 2 bathrooms, a formal living room with a fireplace, a dining area, and direct access to a spacious deck. Unit C, on the top floor, offers 2 bedrooms, 2 bathrooms, a formal living room with a fireplace, a dining area, and its own deck access. Additional highlights include a private garage, a shared backyard, and coin-operated laundry for extra income. The ground floor also features unwarranted rooms with potential for an ADU - buyers should verify with the SF Building Department. With its unbeatable location near USF, Geary Blvd, shopping, dining, and transportation, 283 Parker is an exceptional investment for anyone looking to maximize returns without rent control limitations.

Listed by

Listing Agent - Rachel Wong

Listing Office - Prime Metropolis Prop., Inc.

Source: SFARMLS

MLS#424074527 • last updated 1 year ago

Movoto checked SFARMLS for data 45 minutes ago

Overview
Heating	Gas
Levels/Style	4, 4
SqFt	4650
SubType	Triplex, Apartments
Type	Residential Income
MLS #	424074527
Status	Closed
Lot Size (Acres)	0.0717
Lot Size (SqFt)	3125
Year Built	1988
Condition	Varies By Unit

Interior
Laundry	Coin Operated
Total # of Rooms	17
Flooring	Carpet, Laminate, Tile
Appliances	Dishwasher, Disposal, Free Standing Electric Range, Free Standing Gas Oven, Free Standing Refrigerator, Gas Water Heater, Varies By Unit
Window Features	Dual Pane Full, Window Coverings, Window Screens

Exterior
Foundation	Concrete Perimeter, Slab
Construction	Stucco, Vinyl Siding, Wood Siding
Roof	Bitumen
# Parking Spaces	2
Parking Desc	Attached, Garage, Garage Door Opener, Tandem Garage
Exterior Features	Fenced Yard
Lot Desc	Sidewalk
Patio/ Porch	Balcony/Deck, Varies By Unit

Amenities / Utilities
Water Source	Public
Utilities	Electric, Natural Gas Connected
Sewer/ Septic	Public Sewer
Other Equipment	Intercom
Security Features	Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Smoke Detector

Location
View	Golden Gate Bridge, San Francisco, Varies By Unit
County	San Francisco
Subdistrict	Lone Mountain
APN	1086-011
Zoning	RM1

Multifamily Details
Unit 2: # Bedrooms	3
Unit 2: # Full Baths	2
Unit 1	Apartment, Unit A - 3 Bedrooms, 2 Bathrooms, And A Sunroom
Tenant Pays	Electricity, Gas, Parking Fee, Trash Collection, Water
Unit 3	Apartment, Unit C - 2 Bedrooms, 2 Bathrooms, With Deck Access
Unit 2	Apartment, Unit B - 3 Bedrooms, 2 Bathrooms, And Access To A Balcony.
Unit 3: Rent	3500
Unit 2: SqFt	1279
Unit 2 Sqft Source	Not Measured
Unit 1: # Bedrooms	3
Unit 3 Sqft Source	Not Measured
Unit 3: SqFt	1054
Unit 2: Rent	3800
Unit 1: # Full Baths	2
Separate Meters	Electricity, Gas
Unit 1: SqFt	1338
Unit 3: # Bedrooms	2
Unit 3: # Full Baths	2
# Units Furnished	None
# Of Units Total	3
# Of 3 Bedroom Units	2
# Of 2 Bedroom Units	1
# Of Units Month To Month	1
# Of Units Vacant	1
# Of Units Leased	2
Gross Rent Multiplier	16.54
Expense: Utilities	6142
Cap Rate	5.05