2523 Anza St - Apartments FOR SALE


San Francisco, CA 94118- Richmond District
$1,750,000 USD
415-706-0008
2523 Anza St, San Francisco, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/6
null | 4.11% Cap Rate

2523 Anza St
San Francisco, CA 94118
Richmond District


HIGHLIGHTS

  • Convenient location near shops, restaurants, and transit
  • Four spacious residential units with oversized garage
  • Separate meters for gas and electricity
  • Potential for owner-occupancy or investment
  • Possible upside in rents

OVERVIEW

2523-2529 Anza Street presents a great investment opportunity in the city's Richmond District. Owned by the same family since the 1970s, this well-maintained property features four spacious units. Over the years, the property has been thoughtfully updated, ensuring modern appeal while maintaining its classic charm. The large garage could offer potential for an ADU, creating a significant boost to rental income. This is a fantastic chance from anyone for looking for a manageable investment property to an owner-user looking to live in the Richmond. The Richmond District presents a robust opportunity for real estate investment in San Francisco. With its combination of strong rental demand, consistent appreciation, and desirable living conditions, it remains a top choice for investors seeking stable returns. Surrounded on 3 sides by parkland and the ocean, the quiet Richmond District borders Golden Gate Park to the south, the Presidio park to the north, and surfers' hangout Ocean Beach to the west. Culturally diverse, its main influence can be found along Clement Street. Hiking the Lands End Trail gives the best views of the Golden Gate Bridge. The property is conveniently located close to Kaiser Medical Center, USF Campus and the UCSF Parnassus Medical Campus. Shopping, restaurants and public transportation are a few blocks away.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$518 USD /SF

# OF UNITS

4

PRICE/UNIT

$437,500

CAP RATE

4.11%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

San Francisco Richmond District

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,836 SF

ZONING

RM-1

APN/PARCEL ID

1559-044

ASK ABOUT THIS PROPERTY

Steven CaravelliColdwell Banker Commercial RealtyMore Info
415-706-0008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Steven CaravelliColdwell Banker Commercial RealtyMore Info
415-706-0008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.