1550-1564 Cortland Avenue
Property Description
1550-1564 Cortland Avenue presents an opportunity to acquire two neighboring apartment buildings on adjacent parcels (APNs 5690-045 and 5690-046) in the heart of Bernal Heights. Situated along the vibrant Cortland Avenue corridor, the property offers convenient access to neighborhood cafés, restaurants, boutique retail, public transportation, and commuter routes throughout San Francisco and the Peninsula. Together, the buildings contain five apartments: four (4) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit. The offering also includes four (4) parking spaces. Apartments feature functional layouts, wood-style flooring, wood shaker cabinetry, varied countertop finishes, tiled tub and shower surrounds, generous closet space, and abundant natural light. Two units have in-unit washer and dryers, and the 1560-1564 building has additional garage laundry. Both buildings were constructed in 1968 and share wood-frame construction, concrete foundations, and stucco and T-111 façades. Select apartments feature skylights, and the buildings offer a combination of forced-air and gas wall heating. With its combined five-unit profile and location along Cortland Avenue, 1550-1564 Cortland Avenue offers an opportunity to own a residential asset in one of San Francisco’s well-established neighborhood corridors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Auction |
| Property Types: | Apartment Buildings |
| Price: | $1,750,000 |
| No. of Units: | 5 |
| Year Built: | 1968 |
| Building Size: | 3,570 Sq ft |
| Lot Size: | 4,268.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $350,000 |
| Parking Spaces: | 4 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Dara Kasrovi | 4152887805 | [email protected] |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
725 E Ridgecrest Blvd
Ridgecrest, California
2600 &2604 Fulop St
Lake Isabella, California
31 S Parkwood Avenue, Unit 0
Pasadena, CaliforniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout