JUST SOLD

Home » All Multifamily Properties » California & West » JUST SOLD

Address: 1448 Pacific Ave, San Francisco, CA 94109, USA

Created date: April 3, 2024

Date last updated: August 19, 2024

1448 Pacific Avenue presents a blend of historical charm and modern convenience, promising both immediate rental returns and long-term appreciation potential for astute investors keen on tapping into the allure of Russian Hill’s prestigious ambiance.

Property Description

Nestled within the historic Russian Hill neighborhood, 1448 Pacific Avenue embodies an exceptional investment prospect. This mixed-use property includes eight (8) studios, two (2) one bed/one bath, one (1) restaurant, alongside the added convenience of 1 - motorcycle and 1 - car parking spot. The lobby and common areas are adorned with ornate details and carpeted floors. The commercial tenant, Ristorante Milano, is a neighborhood staple having been in the business for over 35 years. Positioned between Hyde Street and Larkin Street, this property offers residents unparalleled access to iconic city landmarks, upscale hotels, and architectural treasures. Residents can explore the renowned Grace Cathedral, indulge in the luxury of the Fairmont Hotel, or enjoy a leisurely stroll through the manicured landscapes of Huntington Park. Additionally, the vibrant culinary and cultural scene of Polk Street, along with the bustling neighborhoods of North Beach, Chinatown, and Downtown, are within easy reach.

Sold

Request Information

Due Digilence Documents

Key Property Information

Listing Status:	Sold
Listing Type:	Highest & best offer
Property Types:	Apartment Buildings
No. of Units:	11
GRM /GIM:	11.80
Year Built:	1927
Building Size:	6,288 Sq ft
Lot Size:	2,339.00 Sq ft
APN:	1235-024
Opportunity Zone:	No
Price per unit:	$277,273
Parking Spaces:	1