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331 333 Cortland Avenue Unit 331a San Francisco, CA 94110
Sold Price $1,895,000
List Price $1,895,000
3,146 sq ft

Courtesy of Meryl K. Bennan, BarbCo.

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Meryl Bennan

Meryl Bennan

Seller’s Agent

CA DRE# 01988493

Property Description

Located in the highly sought after Cortland corridor, this 3-unit Edwardian w/2 bldgs on one lot is perfect for the boutique investor or live/work space with side of income. Property is in excellent condition with fully built-out air-conditioned and ADA compliant commercial unit on street level (Tenant–More Mojo Chiropractor– pays $4500/month-2 years remaining + 5 yr option). Vacant upstairs 3bd/2ba offers flex for next owner and was most recently used as neighborhood light commercial space. Vacant 1 bd/1 ba 2-story updated cottage w/excellent privacy and storage out back. Solar panels for each unit offer low utility cost. Current owner completed significant structural and system upgrades. Walk to restaurants, shops, library, parks and all that gives Bernal Heights its sweet village-y appeal. Easy access to transportation and freeway as well. 96-walk score; Projected GRM: 13.7 based on projected $138,000 Gross Annual Income;5.7% scheduled cap rate based on projected NOI @$108,000

Property Details & Features

Property Type

  • Commercial Sale

Year Built

  • 1915

Listing

  • Source: San Francisco
  • Lease type: Net

Location

  • Area: SF District 9
  • Neighborhood
  • Public Transportation Nearby
  • Restaurant Nearby
  • Shopping Nearby
  • County: San Francisco

House

  • 3,146 square feet
  • 3 units
  • Built in 1915
  • 2

Floors

  • Varies by Unit

Property

  • Property subtype 1: Mixed Use

Lot

  • Lot is 1,860 square feet

Miscellaneous

  • Medical
  • Recreation
  • Other
  • 1 Restroom Per Unit
  • 12 to 18 Ft Ceilings
  • Individual Thermostat Control
  • Kitchen Facilities
  • Living Area in Building
  • Major Tenant
  • Varies by Unit
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