For Sale
$1,800,000

1259 20Th AveSan Francisco, CA 94122

Prime SF location, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional three-unit apartment building, located at 1259 20th Avenue in San Francisco's desirable Sunset District, presents a compelling investment opportunity. The property boasts a total of 4,051 square feet on a 3,000 square foot lot and features three units: two 2-bedroom/1-bathroom units and one spacious 3-bedroom/2-bathroom unit occupying the entire top floor. Built in 1984, the building is in original condition, however, recent improvements include a freshly painted exterior and new water heaters. The top-floor unit is enhanced by skylights, maximizing natural light. Additional features include a sizable backyard, a fully sprinklered fire suppression system, and central heating. A three-car garage provides ample parking and includes a laundry room and extra storage. The property's prime location near Irving Street, a vibrant retail corridor, offers convenient access to diverse dining options, shopping, and public transportation, including multiple bus lines and the N-Judah Muni light rail. Its proximity to Golden Gate Park further enhances its appeal. The property's financial performance is highlighted by a pro-forma NOI of $90,707 and a pro-forma cap rate of 5.04%. The asking price is $1,800,000, with a price per unit of $600,000 and a price per square foot of $444.33. The property is zoned RM-1. This is a rare opportunity to acquire a well-located, cash-flowing multifamily property in one of San Francisco's most sought-after neighborhoods. The combination of strong location, solid financials, and recent upgrades makes this an attractive investment.

Highlights

  • Prime location near Irving Street shops, Golden Gate Park, and N-Judah Muni line.
  • Fresh exterior paint, new water heaters, and full fire sprinkler system.
  • Three units: two 2-bed/1-bath, and one 3-bed/2-bath top-floor unit. Built in 1984.

Property Details for 1259 20Th Ave

Property type
Apartment buildings
Square Feet
4,051 SF
Year Built
1984
Buildings
1
Units
3

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7642934
Longitude
-122.478398
1259 20Th Ave, San Francisco, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1259 20Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message