Active

505-509 23rd ave

San Francisco CA, 94121

$1,850,000


$478.41 per sqft

Active

8 Beds

3,867 sqft

Multi-family

Built in 1913

Uncover a rare investment gem in Central Richmond! This triplex, ideally situated at the corner of Geary Blvd and 23rd Ave, presents a prime opportunity for capital improvements and lucrative returns. Featuring three levels, the first unit (509) with 2 bdrm/1 bath rents for $2,600/month. The second level houses two units (507 and 505), with 505 currently leased and 507 available. Embrace the potential for renovations, capitalize on rental income, and seize the live-work possibilities in this coveted location. Explore the possibilities, inquire now! Buyers are encouraged to conduct thorough investigations to ensure their satisfaction. Central Richmond (and its Inner and Outer counterparts) encompasses a large, flat span of San Francisco. The neighborhood is wonderfully diverse with many second and third generation families. Housing options are as varied and established; single-family homes, condos and multi-unit properties span the architectural spectrum from Victorian to mid-century.

ML81952156

MLS ID

January 22, 2024

Listed

April 24, 2024

Updated

Map

505-509 23rd ave
San Francisco CA, 94121

Interior Features

Bedrooms

8


Fireplace

No


Cooling

Yes


Cooling Description

No Air Conditioning


Heating

Yes


Heating Description

Electric, Natural Gas

Exterior/Building Features

Lot Size

0.06 Acres

School Information

School District

San Francisco Unified

Other Property Details

Area Name

San Francisco


Garage

No


View

No


County

San Francisco


Pool

No


Zoning

RH2


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/16/2024

Price Change

$1,850,000

-6%

Listed by Andy Vong with New Land Corp
Listing Contact: 408-960-9225 

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