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Additional details
Listed by Michael B Johnston Engel & Voelkers San Francisco
$3,850,000
Est. payment /mo
8 Beds
2 Baths
5,674 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,674 sqft
Price per Sqft $678
MLS Listing ID 426139755
Bedrooms 8
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1905
Lot Size 3,123 Sqft
Acres 0.0717
Property Sub-Type Mixed Use
Property Description
215-219 Church Street presents a rare opportunity to acquire a fully leased, mixed-use investment property in the heart of San Francisco's highly desirable Mission Dolores neighborhood. Consisting of a wellestablished ground-floor restaurant and two spacious residential flats above, the property offers stable cash flow, exceptional in-place rents, and minimal management responsibilities. The ground floor is occupied by The Rustic, a popular neighborhood restaurant that completed a substantial renovation of the space and recently executed a new 10-year lease, providing long-term income security for ownership. In addition to base rent, the restaurant reimburses approximately $2,500 per month in NNN expenses and pays directly for its utilities. The restaurant features an inviting dining room, full commercial kitchen, bar area, outdoor patio seating, rear storage, and access to a large basement storage area. The upper floors consist of two large 4-bedroom, 1.5-bath residential flats that are fully occupied at strong market rents. Both units feature updated kitchens and bathrooms, spacious floorplans, abundant natural light, and attractive finishes that continue to attract quality tenants. The property has been well maintained and requires little day-to-day oversight. Tenants pay their own utilities, reducing operating expenses and contributing to the property's strong cash flow profile. Recent improvements include a freshly painted front faade, further enhancing curb appeal and minimizing near-term capital requirements. For investors seeking a stabilized, low-maintenance asset in one of San Francisco's most vibrant neighborhoods, 215-219 Church Street offers an attractive combination of long-term income, quality tenancy, and pride of ownership.
Location
State CA
County San Francisco
Area Sf District 5
Interior
Fireplace No
Building
Lot Description None
New Construction No
Others
Tax ID 3544064
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