400 28th Avenue
$3,050,000
—
8,436
8,436
$362
Closed 8/16/24
Description
**Price reduced, now 5.94% cap, 11.4 GRM, $379/ft. Excellent value for 12 units.** 400 28th Avenue consists of 12 units and 11 car parking located at the corner of 28th Avenue and Clement in the Central Richmond. The property was seismically retrofitted (2014), has updated fire alarms (2024), and had the underground storage tank removed. The former boiler has been replaced with two 100-gallon hot water heaters and electric heaters. The apartments consist of six (6) 1-bedroom units and six (6) studio...**Price reduced, now 5.94% cap, 11.4 GRM, $379/ft. Excellent value for 12 units.** 400 28th Avenue consists of 12 units and 11 car parking located at the corner of 28th Avenue and Clement in the Central Richmond. The property was seismically retrofitted (2014), has updated fire alarms (2024), and had the underground storage tank removed. The former boiler has been replaced with two 100-gallon hot water heaters and electric heaters. The apartments consist of six (6) 1-bedroom units and six (6) studio units. Two studios and two parking spots will be delivered vacant. $279,000 of annual income. 400 28th Avenue offers investors a clean, easy-to-manage asset in a great neighborhood with cash flow and upside.
Listing Agent
Property Details for 400 28th Avenue
Directions to Property
On the corner of 28th Ave & Clement
Parking FeaturesGarage
Cross StreetClement
Total Parking Spaces11
LISTING UPDATED: 08/16/2024 01:39 PM
Property Details for 400 28th Avenue
Status | Closed |
---|---|
MLS # | 424022852 |
Days on Compass | 109 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1925 |
Lot Size | 0.07 AC / 3,249 SF |
County | San Francisco County |
Building Information for 400 28th Avenue
Stories-Residences12Year Built1925Building Size-Lot Size0.07 AC / 3,249 SF
Property Information for 400 28th Avenue
Property History for 400 28th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 400 28th Avenue
Taxable ValueLand$187,520Additions$260,321Total$447,841
Tax Record2024$6,760 ($563 / month)
Home Facts
Total Finished SqFt8,436 SqFtAbove Grade Finished SqFt8,436 SqFtStories3Lot Size3,249 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningRM1CountySAN FRANCISCOAPN1459 -026
Schools near 400 28th Avenue
This home is within San Francisco Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Alamo Elementary School PublicK to 5 | ||
Presidio Middle School Public6 to 8 | ||
Washington (George) High School Public9 to 12 | ||
Lawton Alternative Elementary School PublicK to 8 |
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.
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