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700-702 7th Avenue, San Francisco, CA 94118

$1,695,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Car Garage
  • Updated 2 days ago
700-702 7th Avenue, San Francisco, CA 94118 View this property at 700-702 7th Avenue, San Francisco, CA 94118
700-702 7th Avenue San Francisco CA 94118

Property Description

Opportunity awaits at this prime corner lot on one of the best blocks in the Inner Richmond! 700-702 7th Ave and 545 Cabrillo St is a 3-unit mixed use property that presents an exceptional opportunity for investors, developers, or owner users. Fully occupied, the property currently produces over 85k annually - with 30%+ upside in rents. The ground floor commercial unit sits on the corner of 7th Ave & Cabrillo. It is +/- 1025 sq ft with an additional 530 sq ft in the basement. Commercial lease ends Dec 2019, with no option to renew. 545 Cabrillo St is the 1st floor residential unit with 1 bedroom, 1 bathroom across +/- 700 sq ft of living area. 702 7th Ave is the upstairs flat, offering 3 bedrooms, 2 full bathrooms across +/- 1600 sq ft.

Full Property Details for 700-702 7th Avenue

  • Price: $1,695,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 454459
  • Updated: 3/20/2017
  • Added: 34 day(s) ago

Property History

  • 700-702 7th Avenue, San Francisco, CA
  • Listed at $1,695,000 on 2/17/17

Parking

  • Garage Spaces: 2
  • Parking: Garage

Location

  • Area: INNER RICHMOND
  • County: San Francisco
  • Cross Streets: Cabrillo

Structural Information

  • # Buildings: 1
  • Basement Desc.: Storage Area
  • Stories/Levels: 0
  • Square Feet: 2,900
  • Year Built: 1907

Unit Information

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: Partial, San Francisco
  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,125
  • Zoning: RH2
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $584.48
  • Price Per Acre: $34,733,606.56

Disclosures and Reports

  • Legal Disclosures: Disclosure Pkg Avail, Prelim Title Report, Rental/Lease Agmts, RE Transfer Discl, Sellers Sup to TDS

Listed by Keller Williams San Francisco, Anne Kennedy

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Estimate the Cost

700-702 7th Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

700-702 7th Avenue, San Francisco, CA 94118 (MLS# 454459) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 700-702 7th Avenue is currently listed for $1,695,000 and was received on February 17, 2017. Want to learn more about 700-702 7th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Inner Richmond? You can browse all Inner Richmond real estate or contact a Coldwell Banker agent to request more information.

Listed by Keller Williams San Francisco, Anne Kennedy

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