Bougth with Fred Meng
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870-872 38th AVE San Francisco, CA 94121
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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,272 sqft
Price per Sqft $519
MLS Listing ID 425082099
Bedrooms 7
Full Baths 5
Year Built 1986
Lot Size 3,001 Sqft
Property Sub-Type Duplex
Property Description
870-872 38th Avenue, a well-maintained duplex in San Francisco's desirable Outer Richmond district. Built in 1986, and exempt from SF Rent Control, this property offers over 3,270 square feet of living space across two spacious full-floor flats, each offering three bedrooms and two bathrooms - plus an additional one bedroom one bath bonus-unit, and a two-car garage. Current rents generate over $118,000 in gross annual income with significant upsideprojected market rents, and additional income from on-site laundry. Situated on a full-size 3,000 square foot lot with a large back yard, this investment offers a rare blend of spacious layouts, modern amenities, and strong rental demand. With a competitive price per unit and attractive long-term upside, 870-872 38th Avenue is a compelling opportunity for investors looking for stable cashflow or an owner-occupier looking for a multi-unit property.
Location
State CA
County San Francisco
Area Sf District 1
Interior
Laundry Common Area
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Lot Description Garden, Shape Regular
Foundation Concrete
New Construction No
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