SAN FRANCISCO > MARINA > FRANCISCO PALMS > MLS #: 426134099

MLS: 426134099     $799,000     1 Beds /1.0 Baths

MLS #: 426134099 Status: ACTIVE List Price: $799,000 Price SQFT: $0 City: SAN FRANCISCO

Beds: 1 Baths: 1.0 Year: 1924 Zip: 94123

 

Listing Remarks

1234 Francisco Street, Unit 3 is located in the Marina - one of San Francisco's most sought-after neighborhoods. This charming 1-bedroom, 1-bath, four-room residence sits on the middle floor at the front of the building and is filled with natural light. The well-proportioned layout includes a formal living room, formal dining room, kitchen, spacious bedroom, bathroom, and multiple closets. This tenant-occupied property presents an exceptional opportunity for investors seeking immediate value with significant upside potential. Units 1 and 5 in the same stack have already been successfully renovated into 2-bedroom, 2-bath residences with in-unit laundry, providing a clear blueprint for future expansion and added value. This is a rare value-add opportunity where the heavy lifting has already been completed. The building's common areas have been fully transformed, and the property has undergone comprehensive upgrades from the ground up, including structural and seismic improvements, updated electrical and plumbing systems, a new roof, and modernized safety systems. The comps are established, the infrastructure is in place, and the remaining upside is ready for the next owner to realize. Residents enjoy access to a shared backyard with BBQ area, all just steps from Chestnut Street, Fort Mason, the Marina Green, shops, dining, and public transportation. Added peace of mind: the building is located outside San Francisco's liquefaction zone a rare and highly desirable distinction in the city.

Address: 1234 FRANCISCO STREET #3 SAN FRANCISCO CA 94123

Listing Courtesy of COMPASS

Listing Photos

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