Listing Courtesy Of:
Compass Commercial, John M Antonini, John Antonini
Listing Sold By:
Compass Commercial
Local Realty Services Provided By:
Keller Williams Realty San Francisco
Overview
What It'll Cost
Neighborhood
Similar Homes
$8,425,000
1700 Octavia Street, San Francisco, CA 94109
16 Beds
22,300
sq ft
.08
sq ft
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$8,425,000
1700 Octavia Street, San Francisco, CA 94109
Estimation provided by Keller Williams Realty Inc.
16 Beds
22,300
sq ft
.08
sq ft
Closed
Sold
Property Description
First time on the market in 25+ years. 1700 Octavia Street is a stunning 35-unit building located in Lower Pacific Heights on the corner of Octavia and Bush Streets. Constructed in 1927, the 7-story concrete building is comprised of one (1) 2-bedroom/1 bathroom, fourteen (14) 1-bedroom/1 bathroom units, and twenty (20) studio units. The corner, two-bedroom unit was tastefully converted from a 1-bedroom. There are banked rents dating back to 2017 which will increase the gross income from $829k to $878k annually. All 35 units face West with expansive views. There is garage parking for five (5) cars. All floors are serviced by an elevator. The units are separately metered for gas and electricity. Lafayette Park, Japantown, Fillmore Street, and Whole Foods are all within a 10-minute walk. Priced at 11.1 GRM and $278k/unit,1700 Octavia Street presents an opportunity to own a true trophy apartment building in the heart of San Francisco
Assessed Value is a combination of the land and additions.
2023
$51,286
(+3.8%)
$4,180,662
Land 1,657,528 +
Additions 2,523,134
2021
$49,411
(-36.59%)
$4,098,720
Land 1,625,028 +
Additions 2,473,692
2019
$77,920
(-32.88%)
$3,976,761
Land 1,576,830 +
Additions 2,399,931
2017
$116,094
(+153.51%)
$6,174,845
Land 3,530,552 +
Additions 2,644,293
2016
$45,795
$9,641,129
Land 5,793,112 +
Additions 3,848,017
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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