1700 Octavia
San Francisco, CA 94109
- – beds
- – baths
- 22,300 sqft
- 3,600 sqft lot
- $437 per sqft
- 1927 build
- – on site
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.
Listing courtesy of SFMLS / Compass Commercial
Last checked:
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Last updated Sep 11, 2024
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MLS# 424037849 —
The Building
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1927Year Built:
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Construction Materials:Concrete
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Subtype Description:Apartments
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Levels:Five or More
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Foundation:Concrete
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Window Features:Bay Window(s), Varies By Unit
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# of Units Total:35
Interior
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Laundry Features:Coin Operated
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Flooring:Wood
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# of Rooms:85
Location
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Directions to Property:Corner of Bush + Octavia
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Area:SF District 6
The Property
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Property Type:5 or More Units
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Property Type:Residential Income
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Property Condition:Varies By Unit
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View Description:City, City Lights, Downtown, San Francisco
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Zoning:RM1
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Lot:3,600 Sqft
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Lot Features:Sidewalk
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Lot Size:SqFt
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0.0826Acres:
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Elevation Units:Feet
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Last Modified Date Time:2024-07-04 14:17:50.0
Heating & Cooling
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Heating:Steam
Utilities
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Separate Meters:Electricity, Gas
The Community
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Subdistrict:Lower Pacific Height
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Association:San Francisco Association of REA
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Association:NONO
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Cap Rate:5.51
Parking
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Garage Spaces:5.00
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Total Parking Spaces:5.00
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Parking Features:Garage
Extra Units
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# of Studio Units:20
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# of 1 Bedroom Units:14
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# of 2 Bedroom Units:1
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Units Furnished:Varies By Unit
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Unit 4 # of Rooms:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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6/3/24
Jun 3, 2024
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Listed / Active | SFMLS | $9,750,000 |