584 Castro StSan Francisco, CA 94114

  • Retail residential properties
  • 3,834 SF
For Sale
$2,400,000 View listing

Property Details for 584 Castro St

Year built
1900
Construction
WOOD
Lot size
0.07 AC
Property size (Sq ft)
3,834 SF
Zone code
CASTRO
Property type
Retail residential properties
APN
2695 -013A
APU
2695013A

Description

This exceptional San Francisco investment opportunity presents a three-unit mixed-use property located at 584 Castro Street, in the desirable Dolores Heights neighborhood. The 4,300 square foot building sits on a 3,062 square foot lot and boasts a compelling blend of residential and commercial space. One unit is a three-bedroom, two-bathroom residential unit featuring hardwood floors, large windows, city views, and an in-unit washer/dryer. The two commercial units offer carpeted flooring, ample ceiling lighting, and generous storage. Shared amenities include a backyard and two storage spaces. This property offers diversified income potential, with a projected GRM of 11.17, making it an attractive investment in a prime San Francisco location. The building's location within Dolores Heights provides residents and businesses with access to a vibrant atmosphere, cultural attractions, and recreational opportunities. The property's prime location, combined with its attractive features and strong projected return, makes it an ideal investment for discerning buyers seeking a lucrative opportunity in one of San Francisco's most sought-after neighborhoods. The asking price is $2,400,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,274,585
    6.5%
    $1,176,540
    7%
    $1,092,501
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,131,174
    Geo Method
    $1,657,478
  • Alternative Use

    Use
    Valuation
    Residential
    $1,176,540
    Hospitality
    $1,077,704
    Educational
    $896,637
    Medical
    $927,474
    Retail
    $1,394,769

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7596
Longitude
-122.435
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$29,225
$1,201,823
$1,009,528
$2,211,351
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