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Additional details
Listed by Aida Molina-Polle, DRE #01423725 • The Agency
$10,500,000
Est. payment /mo
25,896 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 25,896 sqft
Price per Sqft $405
MLS Listing ID EB41128295
Year Built 1926
Lot Size 4,534 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
First time on the market in 48 years - a once-in-a-generation investment opportunity. The Beverly, located at 515 O'Farrell Street, is a 46-unit mixed-use asset comprised of 45 studio apartments and one ground-floor commercial unit, ideally situated in the heart of San Francisco. The property is within walking distance to Union Square, national name-brand hotels, BART, cable cars, and offers immediate access to multiple MUNI bus lines. The residential component features 45 well-laid-out studio units, offering efficient layouts and strong rental demand. The ground floor includes a large laundromat servicing both residential and commercial clientele. Additional highlights include a roof deck with panoramic views and 7 parking spaces. Capital improvements include elastomeric roof coating, furnace improvements, and ongoing upgrades to the sprinkler system. This concrete building is not subject to San Francisco's soft-story retrofit program. Fannie Mae and Freddie Mac approv
Location
State CA
County San Francisco
Area Other Area
Zoning RC4
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl, Concrete
Exterior
Exterior Feature Concrete
Parking Features Assigned Spaces
Garage Spaces 7.0
Building
Lot Description Other
Sewer Sewer - Public
Water Public
Others
Tax ID 0323-003
Special Listing Condition Not Applicable
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