1949 Chestnut ST Open House

San Francisco,CA 94123

$ 5900000

21 Beds

0 Bath

13200 SqFt


OPEN HOUSE

Tue May 27, 10:00am - 12:00pm 

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,200 sqft

Price per Sqft $446

MLS Listing ID 425042629

Bedrooms 21

Year Built 1978

Lot Size 5,672 Sqft

Property Sub-Type Multi Family

Property Description

1949 Chestnut Street is a 13 unit building in the heart of San Francisco's Marina District. This prized asset consists of 12 large apartments and a small commercial space. There are 9 spacious 2bd/2ba units and 3 1bd/1ba units. The units are modern, bright, and nicely updated. There is a garage that can accommodate 12 cars and also has storage lockers for tenant's convenience. At street level is a laundry service that is pickup and drop off only, with no onsite machinery other than a washer and dryer. The apartments are serviced by an elevator. The units are separately metered for gas and electricity. The main electrical service indicates 600 amps. The building is across the street from Moscone Park and Marina Middle School. It is half a block to Fillmore Street, which is the beginning of the Chestnut Street shopping and amenities, making this one of the most desirable locations in all of San Francisco. While these units are in excellent condition, they have been modestly updated thus far, providing a new owner with significant upside potential upon turnover. This property is still owned by the family that built it in 1978 and has never been offered for sale. This is a truly rare opportunity to purchase a generational asset in a premier location.

Location

State CA

County San Francisco

Area Sf District 7

Interior

Laundry Common Area

Exterior

Garage Spaces 12.0

Building

Lot Description None

New Construction No

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