Sold

Closed

1961 Jefferson Street

San Francisco CA, 94123

$3,580,000


$606.99 per sqft

Sold

Closed

3 Beds

5,898 sqft

Multi-family

Built in 1927

1961 Jefferson Street is a classic Marina-Style apartment building located in one of the city's best rental locations. Only one block from the water, this is a location that will always be in high-demand. The building consists of three 1bd and six studio apartments. The units have high ceilings, hardwood floors, built-in cabinets, large closets, and spacious floor plans. There are four parking spaces at the rear of the lot that are accessed through the garage. There is coin laundry in the garage for tenant's convenience. The four units that will be delivered vacant are in excellent condition and ready to be rented. A 5th unit has given notice to vacate 5/31/23. The soft-story seismic retrofit has been completed. The property has been maintained to a high-standard and shows little deferred maintenance. This premium location provides tenants easy access to Crissy Field, Marina Green, Fort Mason,Palace of Fine Arts, and the shopping, restaurants, and nightlife on Chestnut Street. This is an extremely rare opportunity to purchase a turn-key asset in a world-class location. Priced to sell at 13.1GRM|4.9% Cap Rate!

423734255

MLS ID

April 14, 2023

Listed

November 22, 2024

Updated

Map

1961 Jefferson Street
San Francisco CA, 94123

Interior Features

Total Stories

0


Bedrooms

3


Laundry Description

Coin Operated, Common Area


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.09 Acres


Lot Features

None


Architectual Style

Marina

Other Property Details

Area Name

SF District 7


Garage

Yes


Garage Spaces

4


Parking

Carport, Covered, Garage


Parking Total

4


View

No


County

San Francisco


Pool

No

Listing History

Date

Event

Price

7/13/2023

Price change

$3,580,000

-6%

7/13/2023

Sold

$3,580,000

5/4/2023

Pending

Bought with Adam D Filly with Compass Commercial and Listed by Adam D Filly (DRE #DRE #01354775) with Compass Commercial 

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 11/22/2024.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeffrey Marples shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 10:37 PM UTC, 11/22/2024

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