3482 17Th StSan Francisco, CA 94110

Property Details for 3482 17Th St

Year built

1907

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

5,480 SF

Zone code

RM2

Property type

Residential income properties

Property subtype

Residential income homes

APN

3568 -041

APU

3568041

Description

This exceptional Edwardian-style apartment building, located at 3482 17th Street in San Francisco's desirable Mission Dolores neighborhood, presents a compelling investment opportunity. Built in 1907, this meticulously maintained property boasts 5,480 square feet of net rentable space situated on a 3,667 square foot lot. The building comprises nine units: four spacious four-room flats and five convenient storage spaces. Each apartment features attractive period details including hardwood floors, bay windows, and fireplaces, enhancing their appeal to tenants. Modern conveniences include separate gas and electric meters for each unit. Residents enjoy a shared backyard and access to a sprinklered basement containing the storage units. The property's enviable location, just two blocks from Mission Dolores Park and a short walk to the vibrant Valencia Street corridor, offers easy access to public transportation, including BART stations and numerous bus lines. The area's sunny microclimate and thriving mix of restaurants, bars, and cafes contribute to its immense popularity and strong rental demand. This property offers significant income potential and is an ideal investment for both seasoned investors and owner-occupiers seeking a prime location in one of San Francisco's most sought-after neighborhoods. The asking price is $2,000,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,821,785

  6.5%

  $1,681,648

  7%

  $1,561,530

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,616,806

  Geo Method

  $2,369,062

• Alternative Use

  Use

  Valuation

  Residential

  $1,681,648

  Hospitality

  $1,540,380

  Educational

  $1,281,578

  Medical

  $1,325,654

  Retail

  $1,993,566

Location Insight

City

San Francisco

County

San Francisco

State

California

Latitude

37.7634

Longitude

-122.424

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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