GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 825,000
$ 699,000 18.0%
Est. payment /mo
Sold on 03/28/2025
1401 Silver AVE San Francisco, CA 94134
1,500 SqFt
UPDATED:
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $550
MLS Listing ID ML81990209
Sold Date 03/28/25
HOA Y/N No
Year Built 1925
Annual Tax Amount $8,400
Lot Size 1,873 Sqft
Property Sub-Type Duplex
Property Description
Charming Duplex with Endless Possibilities. Discover this versatile mixed-use property offering exceptional potential for both homeowners and investors. The front unit, currently vacant, was previously a storefront rented for $2,100 per month, making the current cap rate close to 7%. Meanwhile it comes with a ready-to-pull permit to convert into a spacious 2 bed, 1 bath unit, complete with architect-drafted floor plans permit ready to pull. This makes it an excellent opportunity to repurpose as residential or maintain as a commercial storefront. The back unit is a well-maintained 2 bed, 1 office, 1 bath unit, currently tenant-occupied and generating stable rental income of $2,515 per month. With market-rate rents for each unit averaging around $3,300, this property offers significant upside potential for increased cash flow through forced appreciation producing close to 10% cap rate. Whether you are an investor seeking steady income or a buyer looking to maximize value, the possibilities are endless. Perfectly situated in a prime location, close to shopping, popular restaurants, and major commute routes, highly desirable for tenants and homeowners alike. Don't miss this chance to own a versatile, income-producing property in a convenient and sought-after area.
Location
State CA
County San Francisco
Zoning RH2
Interior
Flooring Carpet, Laminate, Tile
Fireplace No
Exterior
Garage Spaces 1.0
Garage Description 1.0
View Y/N Yes
View City Lights
Roof Type Other
Accessibility Other
Total Parking Spaces 2
Building
Story 1
Sewer Public Sewer
Water Public
Schools
School District San Francisco Unified
Others
Tax ID 5882025
Financing Conventional
Special Listing Condition Standard
Listed by Wen Guo RE Group • KW Advisors
Bought with Jennifer Zhang • KW Advisors
Bought with Jennifer Zhang • KW Advisors