138-140 Lower Terrace

San Francisco, CA 94114

$2,995,000
Price
8
Beds
3,832 Sq. Ft.
$782 / Sq. Ft.
3,832
Sq. Ft.
$782
per Sq. Ft.

Description

Are you in search of an exceptional investment opportunity or considering a 1031 Exchange? Look no further than 138-140 Lower Terrace. This property underwent a substantial renovation and expansion in 2016, enhancing its appeal and functionality. The lower flat, 138, boasts 4 bedrooms and 3 bathrooms spread across two levels, offering exclusive access to a charming garden and garage. Meanwhile, the upper unit, spanning a single level, features 4 bedrooms and 2.5 bathrooms. Notably, residents of the...Are you in search of an exceptional investment opportunity or considering a 1031 Exchange? Look no further than 138-140 Lower Terrace. This property underwent a substantial renovation and expansion in 2016, enhancing its appeal and functionality. The lower flat, 138, boasts 4 bedrooms and 3 bathrooms spread across two levels, offering exclusive access to a charming garden and garage. Meanwhile, the upper unit, spanning a single level, features 4 bedrooms and 2.5 bathrooms. Notably, residents of the upper unit enjoy exclusive use of a stunning rooftop deck boasting breathtaking bay views. Currently, the upper unit commands a rental income of $6,500 while the lower unit is leased for $7,600, totaling a monthly rent of $14,100 and yielding an attractive cap rate of 5.3%. Both units are equipped with radiant heat in the bathrooms and showcase elegant marble floors complemented by light wood flooring throughout.

Property Details for 138-140 Lower Terrace

Parking Features
Garage, Automatic Door, Interior Access
Architectural Style
Contemporary
View Description
Bay, City Lights, Garden/Greenbelt, Water
Cross Street
Levant
Total Parking Spaces
2

Location

Listing Courtesy of Sotheby's International Realty, Duncan C Wheeler, DRE #01385168
Add your commute
LISTING UPDATED: 05/15/2024 01:05 PM

Property Details for 138-140 Lower Terrace

StatusActive
MLS #424027778
Days on Compass14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1963
Lot Size0.06 AC / 2,495 SF
CountySan Francisco County

Location

Listing Courtesy of Sotheby's International Realty, Duncan C Wheeler, DRE #01385168
Add your commute

Building Information for 138-140 Lower Terrace

Stories3Residences2Year Built1963Building Size-Lot Size0.06 AC / 2,495 SF

Payment Calculator

$16,345 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,345

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 138-140 Lower Terrace

Summary
Location and General Information
  • Area/District: SF District 5
  • Area Short Display: 5
  • Subdistrict: Corona Heights
  • Location Description: SF District 5, Corona Heights, SF District 5 Corona Heights
Taxes and HOA Information
  • APN: 2618-018
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
School Information
  • School District (County): San Francisco
Parking
  • Covered Spaces: 2
  • Independent Parking Spaces: 2
  • Carport Spaces: 0
  • Garage Spaces: 2
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 2.0
  • Parking: Garage, Automatic Door, Interior Access
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Garden, Landscape Back, Shape Regular
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Possession: Close of Escrow, Subject To Tenant Right
  • Picture Count: 36
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: City, Electric, Natural Gas Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 3
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Ceiling Insulation, Stucco
  • Foundation: Concrete, Concrete Perimeter
  • Stories: 3
  • Patio And Porch Features: Balcony/Deck
  • Window Features: Dual Pane Full, Weather Stripped, Window Screens
  • Security Features: Security Gate, Smoke Detector, Unguarded Gate
Interior Features
  • Interior Features: Skylight(s)
  • Heating: Baseboard, Radiant
  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator
  • Laundry Features: In Each Unit, In Closet
  • Basement: None
  • Other Equipment: Low-Flow Shower(s), Low-Flow Toilet(s)
  • Flooring: Simulated Wood, Tile, Wood, Other
  • Full Bathrooms: 0
  • # of Rooms: 16
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 2
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 0.0
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 2
  • # Of Units Total: 2
  • # Of Units Vacant: 0
  • # Of Units Leased: 2
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 4
  • Unit 1 Description: 4 bedroom 3 bathroom, 2-level fully remodeled flat
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Estoppel
  • Unit 1 Rent: $7,600.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 9
  • Unit 1 Type: Flat
Unit 2
  • Unit 2 Bedrooms: 4
  • Unit 2 Description: 4 bedroom 3 bathroom fully remodeled flat
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $6,500.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 0
  • Unit 2 Type: Flat
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • Lease Term: Lease/Month to Month Mix
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 138-140 Lower Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 138-140 Lower Terrace

This home is within San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
McKinley Elementary School
PublicK to 5

Everett Middle School
Public6 to 8

Five Keys Charter (SF Sheriff'S) School
Charter9 to 12

Life Learning Academy Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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138-140 Lower Terrace is a multi-family home for sale in San Francisco, CA 94114. This property was listed for sale on May 5, 2024 by Sotheby's International Realty, it's currently listed at $2,995,000. It has been on the market for a total of 14 days and was last sold on April 10, 2015. This listing's school district is San Francisco Unified School District. Nearby schools include McKinley Elementary School, Everett Middle School and Five Keys Charter (SF Sheriff'S) School. 138-140 Lower Terrace is a 8-bed, 0-bath, 3,832 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sotheby's International Realty, Duncan C Wheeler, DRE #01385168

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.