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Better Homes Realty
OAKLAND, CA 94605
510-562-8600
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Listing 16 out of 90
Sold for $1,900,000 Sold

483 Parker Avenue
San Francisco, CA 94118

2 units | Multi Family Home
2178 sq ft - MLS# ML81736289
Property Photo

Sold

Sold for $1,900,000 on Apr 10, 2019

Description

483-485 Parker Avenue is a rare Duplex located next door from the University of San Francisco San. Situated on 2,178 square feet of land, the subject property was originally constructed in 1926 and has a gross livable area of 3,342 total square feet, offering its tenants quality two bedroom flats to call home. The unit mix consists of (2) two-bedroom/two-bathroom units. The top floor unit (485) has an additional large office space with outside window. Residents of 483-485 Parker Avenue enjoy convenient access to major employers, prestigious academic institutions, shopping, dining, and transportation. Walking distance from the subject property are convenient shopping and dining options. The investment appeal of this asset is driven by San Franciscos excellent employment fundamentals and very low vacancy levels.

Features

  • Property Type: Multi Family Home
  • Sub Type: DUPLEX
  • Listing Status: Sold
  • Listing Price: $2,180,000
  • County/Area: San Francisco County
  • Zip Code: 94118
  • Year Built: 1940
  • Age: 79
  • Units: 2 units
  • Lot Size: 2178 sq ft
  • Zoning: RH2
  • Annual Gross Sched Income: $48,523
  • Annual Rental Inc: 48523
  • Cooling: No Air Conditioning
  • Existing Lease Terms: Month To Month
  • Heating: Wall Furnace
  • Lot Sq Ft Apx: 2178
  • Net Operating Income: $18,366
  • Operating Expenses: Maintenance/Repair, Other
  • Park Spc Tot: 2
  • Tenant Pays: Electric, Gas, Water
  • Unit 1: 2-Bedrooms
  • Unit 2: 2-Bedrooms
  • Water/Sewer: Water - Public
  • Sold Price: 1900000
  • Sold Date: 2019-04-10 00:00:00
Courtesy of Marcus & Millichap, Robert Johnston


 Better Homes Realty | 510-562-8600 | Contact Us
5942 MacArthur Blvd. - OAKLAND, CA 94605
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