See all 23 photos
23 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Adam D Filly Compass Commercial
$5,800,000
Est. payment /mo
20 Beds
20,400 SqFt
UPDATED:
09/19/2024 08:08 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 20,400 sqft
Price per Sqft $284
MLS Listing ID 424066875
Bedrooms 20
HOA Y/N No
Year Built 1927
Lot Size 5,750 Sqft
Acres 0.132
Property Description
The Del Rey Apartments offer a unique chance to own a prime property in the highly desirable Richmond District. This stately corner building features 12 exceptionally spacious, house-like units, ideal for rentals or TIC conversions. The property includes 8 2bd/2ba, 3 1bd units, and 1 Penthouse. Seven units will be delivered vacant, providing immediate flexibility for new owners. The size and scale of these units are rare for San Francisco, with each featuring large separate living and dining rooms offering opportunities to expand bedroom counts or remodel with modern finishes and amenities. Many units enjoy panoramic views of the Richmond District, Golden Gate Bridge. The building showcases classic period details including hardwood floors, built-in cabinetry, and timeless architectural elements. Additionally, the building is serviced by an elevator, enhancing convenience for tenants. The garage provides parking for 5 cars, and a large basement offers ideal storage space for tenants or owners. Currently, the electrical system is being upgraded to 400 amps with new panels and breakers, ensuring the property is equipped for modern living. Tremendous opportunity for contractors or developers with an appreciation and understanding of this asset's tremendous potential.
Location
State CA
County San Francisco
Area Sf District 1
Interior
Heating Steam
Fireplace No
Exterior
Garage Spaces 5.0
Total Parking Spaces 5
Building
Lot Description None
Foundation Concrete
Level or Stories Five or More
New Construction No
Others
Tax ID 1464011
Read Less Info
GET MORE INFORMATION
Rebecca Brooks
San Francisco Bay Area Team Leader | License ID: 1249870
San Francisco Bay Area Team Leader License ID: 1249870