563-565 17th Ave

$2,050,000

Central Richmond

563-565 17th Ave is a spacious duplex located in the Central Richmond District between Anza and Balboa Streets. Both units will be delivered vacant. There is no known eviction history, creating a clear path for partners to pursue conversion to condos. Another “Add-Value” opportunity lies in the sizable storage area behind the garage which could be combined with the unit above to create a lovely two-level unit with
direct access to the rear yard.

The units measure 1,480 and 1,435 square feet respectively. They both have two bedrooms, one split bathroom, in-unit laundry, and central heat. There are two 40-gallon water heaters which were replaced in 2024. The electrical service is on circuit breakers.

The desirable location allows for easy access to Park Presidio and Golden Gate Park (both 3 blocks away). Peet’s Coffee, Aziza Restaurant, Starbucks, Gaspare’s, and Gordo’s are all available within a few blocks.

GRM:

PRICE/FOOT:

$677

CAP RATE:

PRICE/UNIT:

$1,025,000

Square Feet:

3,030

Status Date:

4/10/2024

Units:

2

Status:

Sold

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.