Active
1700 Octavia Street
San Francisco CA, 94109
$9,750,000
$437.22 per sqft
Active
16 Beds
22,300 sqft
Multi-family
Built in 1927
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.
424037849
MLSⓇ ID
May 31, 2024
Listed
August 30, 2024
Updated
Map
1700 Octavia Street
San Francisco CA, 94109
Interior Features
Total Stories
0
Bedrooms
16
Laundry Description
Coin Operated
Floor Description
Wood
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Steam
Exterior/Building Features
Lot Size
0.08 Acres
Lot Features
Sidewalk
Other Property Details
Area Name
SF District 6
Garage
Yes
Garage Spaces
5
Parking
Garage
Parking Total
5
View
Yes
View Description
City, City Lights, Downtown, San Francisco
County
San Francisco
Pool
No
Zoning
RM1
Listed by John M Antonini with Compass Commercial
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 8/30/2024.
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Data last updated 4:29 PM UTC, 8/30/2024