San Francisco, CA 94134,1401 Silver Avenue
Listed by KW Advisors
Bought with Jennifer Zhang • KW Advisors
$825,000
Est. payment /mo
$699,000
18.0%
Est.Price: ?

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1,500 SqFt
SOLD DATE : 03/28/2025

Key Details

Sold Price $825,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $550

MLS Listing ID ML81990209

Sold Date 03/28/25

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1925

Lot Size 1,873 Sqft

Property Sub-Type Duplex

Property Description

Charming Duplex with Endless Possibilities. Discover this versatile mixed-use property offering exceptional potential for both homeowners and investors. The front unit, currently vacant, was previously a storefront rented for $2,100 per month, making the current cap rate close to 7%. Meanwhile it comes with a ready-to-pull permit to convert into a spacious 2 bed, 1 bath unit, complete with architect-drafted floor plans permit ready to pull. This makes it an excellent opportunity to repurpose as residential or maintain as a commercial storefront. The back unit is a well-maintained 2 bed, 1 office, 1 bath unit, currently tenant-occupied and generating stable rental income of $2,515 per month. With market-rate rents for each unit averaging around $3,300, this property offers significant upside potential for increased cash flow through forced appreciation producing close to 10% cap rate. Whether you are an investor seeking steady income or a buyer looking to maximize value, the possibilities are endless. Perfectly situated in a prime location, close to shopping, popular restaurants, and major commute routes, highly desirable for tenants and homeowners alike. Don't miss this chance to own a versatile, income-producing property in a convenient and sought-after area.

Location

State CA

County San Francisco

Interior

Heating Natural Gas

Cooling Other

Flooring Laminate, Tile

Fireplace No

Exterior

View City Lights

Building

Water Public

Schools

School District San Francisco Unified, San Francisco Unified

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agent

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#02015510

Broker | Owner CA BRE#02015510

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