IMPRESSIVE EDWARDIAN BUILDINGUS $ 2,450,000 (select currency) |
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2230-34 California,
San Francisco,
CA
94115
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Impressive, semi-detached Edwardian building, located on a desirable block of Pacific Heights, within short distance from Lafayette Park, close to public transportation and to the numerous restaurants and shops of Sacramento/Fillmore Streets. The building is set back on its large lot, and stands high with an impressive curb appeal. The front stairs lead from the garage to the large front patio/garden and to the side entrance of the lower rear unit (#2230). A few more steps up, from the front patio/garden are the main entrances of the front lower unit (#2232) and the 2 upper units (#2234A & B). The 4 units are all with light-filled, fully equipped/updated kitchens and baths and include large living rooms, fireplaces, hardwood floors, high ceilings and Edwardian details. The building is detached from its 3-sides, allowing extra sunlight into the living areas and kitchens, and it is situated on an oversized lot measuring approx. 27.50’ wide x 132.50’ long. Total building living space is 4,335 Sq.Ft per appraiser. Along the eastern side of the building there is a patio garden, directly accessible by the 2 lower units (#2230 & #2232). The enclosed garage accommodates a full size car and is used exclusively by the owner.
The building, built in 1900 (per tax records), has solid wood frame construction. The building and systems have been regularly upgraded and maintained, thus are in good working order. All 4 units are separately metered for electricity and gas. There is also a 5th electric meter for the property’s common areas. Tenants pay for their own electricity and gas. Owner pays for water, garbage, common areas PG&E (including laundry room), insurance, maintenance/repairs and property taxes.
The owner has owned the building since 1979. When an occasional vacancy arose at the property it was always rented with high quality, responsible tenants. The owner has provided quality services and living accommodations that have fostered strong, amicable landlord tenant relations. The well maintained living areas offer comfort, functionality and attractive detailing. The property is in close proximity to Fillmore Street, public transportation, supermarkets, retail stores, restaurants, beautiful public parks, schools, and other services.
2230-2234 California St. is an excellent opportunity for an owner occupied having the benefit of a rental income, or an investor to own a distinctive well maintained asset in a great area and one of the City’s most desirable rental locations.
• Rarely available, semi-detached, 4-Unit Edwardian building.
• 4-Edwardian units. Total of 15-Rooms & 4-Baths
• Great location! One block away from the restaurants and shops of Fillmore St
• A short distance to Lafayette Park and close to transportation and shopping.
• Living Space of 4,335 sq.ft, per appraiser’s report.
• All 4 units are in great condition.
• Hardwood floors, High ceilings, Fireplaces.
• Large / fully equipped, light-filled, eat-in kitchens.
• Oversized Lot: Approx. 27.50’ x 132.50’
• Landscaped front garden and side Patio.
• Owner’s unit (Lower Front - approx 1,250 sq.ft), is fully remodeled and includes gourmet kitchen with breakfast area, Fireplaces, side patio and private 1-car garage.
• 1-Car garage is used exclusively by the owner.
• Upper-rear and Lower-rear units are currently vacant.
• Upper Front unit is tenant occupied at market rent.
• Laundry Room with W&D and large basement.
• Gross Rent Multiplier, GRM: 17.46 Capitalization Rate: 4.2%
Architectural style: Pre-War/Vintage