312 18th Avenue

$1,995,000

Richmond District

312 18th Avenue is a Mid-Century Building located in prime Central Richmond District with an attractive price. The property consists of four (4) generous sized units including two (2) vacant units and two (2) updated units paying market rent. The two occupied units have been seamlessly converted into 2-bedroom units from 1-bedrooms. The semi- detached building has been maintained to a high standard and has parking for all units.

At the doorstep of the bustling Clement Street corridor, tenants will enjoy shopping, restaurants and easy access to public transportation. The property is situated on a deep lot with 3,474 square feet of living space and has been held in the same family for generations.

312 18th Avenue offers investors a well- maintained, easy to manage asset. It is also a perfect opportunity for an owner-occupier or partners.

GRM:

14.78

PRICE/FOOT:

$574

CAP RATE:

4.63%

PRICE/UNIT:

$499,750

Square Feet:

3,474

Status Date:

12/13/23

Units:

4

Status:

Closed

JohnAntonini-Headshot
ANTONINISF-LOGO

Senior Vice President
Mobile: 415.794.9510
john@antoninisf.com

John Antonini is a commercial agent who represents clients in the sale and purchase of residential investment property in San Francisco. Since 2007, he has a built a proven track record of adding-value for Buyers and Sellers of SF apartment, mixed-use and commercial transactions.