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Listed by The Agency
$ 10,500,000
Est. payment /mo
Active
515 Ofarrell ST San Francisco, CA 94102
25,896 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Highrise (7+ Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 25,896 sqft
Price per Sqft $405
Subdivision Civic Center
MLS Listing ID 41128295
HOA Y/N No
Year Built 1926
Lot Size 4,534 Sqft
Property Sub-Type Highrise (7+ Flrs)
Source Bridge AOR
Property Description
First time on the market in 48 years - a once-in-a-generation investment opportunity. The Beverly, located at 515 O'Farrell Street, is a 46-unit mixed-use asset comprised of 45 studio apartments and one ground-floor commercial unit, ideally situated in the heart of San Francisco. The property is within walking distance to Union Square, national name-brand hotels, BART, cable cars, and offers immediate access to multiple MUNI bus lines. The residential component features 45 well-laid-out studio units, offering efficient layouts and strong rental demand. The ground floor includes a large laundromat servicing both residential and commercial clientele. Additional highlights include a roof deck with panoramic views and 7 parking spaces. Capital improvements include elastomeric roof coating, furnace improvements, and ongoing upgrades to the sprinkler system. This concrete building is not subject to San Francisco's soft-story retrofit program. Fannie Mae and Freddie Mac approv
Location
State CA
County San Francisco
Interior
Heating Wall Furnace
Cooling None
Flooring Concrete, Vinyl
Fireplace No
Building
Lot Description Other