Investment Real Estate Services

SOLD: 6 Units at 1670 Chestnut in the Marina District

1670 Chestnut Photo

– List Price: $2,250,000

– SOLD Price: $2,500,000

– Six 1bdrm/1 bath Units

– Four Car Parking

– Low Maintenance

– Seismically Retrofitted

– Upside Potential in Rents

1670 Chestnut Street is a 6 unit multifamily investment property located in San Francisco’s Marina District. This beautiful Edwardian building was built in 1927 according to tax records and features six one bedroom units. Over the years, the building has been very well cared for and appears to be in excellent condition.

The property features seismic retrofitting (completed in 1990), a concrete foundation, tar & gravel roof, and is individually metered for gas and electric. In addition, the property features four car private parking and an onsite laundry facility.

The property’s location in the Cow Hollow/Marina area is ideally suited for upwardly mobile renters. The building is situated only a few blocks from Fort Mason, Moscone Park, and Chestnut, Fillmore & Union shopping district.

The building is in excellent condition, 100% occupied and ideal for an investor looking for a turn-key operation with tremendous upside potential.

 



Comments are closed.