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350 25th Ave, San Francisco, CA 94121

$2,115,000

Last sold 09/04/2024 for $1.9M

8
bed
5.5
bath
4,394
Sqft ($432/Sqft)

Multi-family not for sale

About 350 25th Ave

Property type Multi-family

Neighborhood

Year built 1994

HOA fee $0/month

Lot size 3,000 Sqft

Movoto estimate

Parking 3 garage spaces

Property description

Discover an exceptional investment at 350 25th Avenue in Central Richmond. This stunning property features three spacious units, each with natural light, modern amenities, and unique layouts. The top floor, Unit 3, tenant-occupied, boasts a huge 4-bed, 2.5-bath full-floor flat w/ a living room w/ fireplace, dining room w/ vaulted ceilings, a spacious kitchen, in-unit laundry, a rear patio off the primary bedroom, and four skylights. The middle level has two units: Unit 1, rear and tenant-occupied, has 2 beds, 1.5 baths, a living room, dining room, kitchen, and in-unit laundry in a closet. Unit 2, front and vacant, offers 2 beds, 1.5 baths, a living/dining combo, kitchen, and in-unit laundry in a closet (no appliances installed). The lower level includes a bonus 1-bedroom, 1-bathroom unit with a living/dining combo and kitchenette, with buyers to verify original construction. The property also features a 3-car independent parking garage. With one 2-bed, 1.5-bath unit delivered vacant, this property offers excellent rental income potential , ideal for investors and IRC 1031 exchanges. Located near top schools, vibrant Clement, Geary, and California streets with amenities, restaurants, and shopping, it's also close to the Presidio, Golden Gate Park, VA Hospital, & Kaiser. Don't Miss

Listed by

Listing Agent - Peter Fong

Listing Office - Compass

Source: SFARMLS

MLS#424051462 • last updated 2 years ago

Movoto checked SFARMLS for data 1 hour ago

Overview
Heating	Baseboard, Central, Fireplace(s), Varies By Unit
Levels/Style	0, 3, Contemporary
SqFt	4394
SubType	Triplex, Apartments
Type	Residential Income
MLS #	424051462
Status	Closed
Lot Size (Acres)	0.0689
Lot Size (SqFt)	3000
Year Built	1994

Interior
Laundry	In Each Unit, Laundry Closet, Washer/Dryer Hookups, Washer/Dryer Owned
Total # of Rooms	16
Basement	Apartment In Basement
Flooring	Carpet, Simulated Wood, Tile, Vinyl
Interior Features	Skylight(s), Storage Area(s), Vaulted Ceiling(s)
Appliances	Dishwasher, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Microwave

Exterior
Foundation	Concrete Perimeter
Construction	Stucco, Vinyl Siding
Roof	Bitumen
# Independent Parking Spaces	3
# Garage Spaces	3
# Parking Spaces	3
Parking Desc	Attached, Covered, Garage Door Opener, Interior Access
Exterior Features	Fenced Yard, Yard Space
Lot Desc	None
Patio/ Porch	Uncovered Patio

Amenities / Utilities
Water Source	Public
Sewer/ Septic	Public Sewer
Security Features	Double Strapped Water Heater, Security Gate

Location
View	Downtown
County	San Francisco
Subdistrict	Central Richmond
APN	1409-034

Multifamily Details
Unit 2: # Bedrooms	2
Unit 2: # Full Baths	1
Unit 1	Apartment, Rear, Middle Level Unit - 2bed/2bath. Tenant Occupied.
Tenant Pays	Electricity, Gas, Trash Collection, Water
Unit 3	Flat, Top Floor, Full Floor Flat - 4bed/2.5bath. Tenant Occupied.
Unit 2	Apartment, Front, Middle Level Unit - 2Bed/1.5Bath - Vacant.
Unit 1: # Partial Baths	1
Unit 3: Rent	3932
Unit 2: SqFt	779
Unit 2 Sqft Source	Measured
Unit 2: # Of Rooms	5
Unit 2: # Partial Baths	1
Unit 1: # Bedrooms	2
Unit 3 Sqft Source	Measured
Unit 3: SqFt	1621
Unit 1: Rent	2848
Unit 1: # Full Baths	1
Separate Meters	Electricity, Gas
Unit 1: SqFt	900
Unit 3: # Bedrooms	4
Unit 3: # Full Baths	2
Unit 3 # Of Rooms	7
Unit 3: # Partial Baths	1
Unit 1: # Of Rooms	5
# Units Furnished	None
# Of Units Total	3
# Of 4 Bedroom Units	1
# Of 2 Bedroom Units	2
# Of Units Month To Month	2
# Of Units Vacant	1
# Of Units Leased	2
Gross Rent Multiplier	23.35
Cap Rate	4.28