1861 Union StSan Francisco, CA 94123

  • Retail residential properties
  • 6,000 SF
For Sale
$4,750,000 View listing

Property Details for 1861 Union St

Year built
1905
Construction
WOOD
Lot size
0.08 AC
Property size (Sq ft)
6,000 SF
Zone code
UNION
Property type
Retail residential properties
APN
0543 -027
APU
543027

Description

This exceptional mixed-use property at 1861 Union Street in San Francisco, CA, presents a compelling value-add investment opportunity. The 6,000 square foot building, constructed in 1907 and renovated in 2022, boasts a prime location along the vibrant Union Street Corridor (zip code 94123). Currently vacant, this property offers three units: one retail space and two residential apartments, spread across two stories. The ground floor retail space underwent a significant renovation by the previous tenant, with approximately $2.2 million in improvements. The building sits on a 3,000 square foot lot and is classified as a Class B property. The asking price is $4,750,000, translating to $791.67 per square foot. This presents a unique chance to acquire a well-located, recently renovated mixed-use building in a highly desirable San Francisco neighborhood. All offers are welcome. The property is privately owned and features one building. The investment type is classified as value-add.

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7975
Longitude
-122.43
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
$88,733
$4,593,311
$2,895,741
$7,489,052
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