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870 47th Ave, SAN FRANCISCO, CA – $4,025,000

  • $4M Price
  • 4,928 Sqft
  • .14 Acres
  • $4M Price
  • 4,928 Sqft
  • .14 Acres

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870 47th Ave

Great investment opportunity. Rents are very close to market. Strong Cashflow from day 1. 870-874 47th Ave is an 8-unit property situated in the city of San Francisco. This ideal location is around the block from Safeway, Ocean Beach and Golden Gate Park. The property, which was built in 1957, has a total of eight 1 bedroom/1 bath apartments. Five out of these eight charming units have been remodeled in a contemporary style. Each unit includes its own water heater and a storage space. All have Ring.com doorbell. The property has been meticulously maintained over the years. The units are separately metered for gas and electricity, while heat is provided by gas wall furnaces. Tenants also enjoy the convenience of onsite laundry. The updated units have an electric stove, new kitchen cabinets, and sanded hardwood floors. The Dutch Windmills, which is within walking distance from the property, is a historic landmark from the 1900s.

Essential Information

  • MLS® #ML81770313
  • Price$4,025,000
  • Square Footage4,928
  • Acres0.14
  • Year Built1957
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address870 47th Ave
  • AreaOuter Richmond
  • CitySAN FRANCISCO
  • CountySan Francisco
  • StateCA
  • Zip Code94121

Amenities

Utilities

Individual Electric Meters, Individual Gas Meters

Interior

  • HeatingGas Heat
  • CoolingNo Cooling

Exterior

  • Lot DescriptionGrade - Level
  • RoofOther Roof
  • FoundationConcrete Slab, Crawl Space

Additional Information

  • ZoningRH2

Listing Details

  • AgentDima Khoury
  • OfficeCompass
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