2275 Chestnut St

San Francisco, CA 94123

$2,825,000
Last Sold Price
2
Beds
Baths
2,983 Sq. Ft.
$947 / Sq. Ft.
2,983
Sq. Ft.
$947
per Sq. Ft.

Description

Marcus & Millichap is pleased to announce the sale of an exceptional pride of ownership mixed-use property located at 2275 - 2281 Chestnut Street in the heart of the Marina District. The property is in an A+ location located mid-block on Chestnut Street between Scott Street and Pierce Street. The building consists of four units. Three of the four units are commercial tenants and the top floor is the one residential two-bedroom apartment. All Units are occupied and paying rent. There is over 50% rental...Marcus & Millichap is pleased to announce the sale of an exceptional pride of ownership mixed-use property located at 2275 - 2281 Chestnut Street in the heart of the Marina District. The property is in an A+ location located mid-block on Chestnut Street between Scott Street and Pierce Street. The building consists of four units. Three of the four units are commercial tenants and the top floor is the one residential two-bedroom apartment. All Units are occupied and paying rent. There is over 50% rental upside! The property has been owned by the same family for over 70 years and has been meticulously maintained. The property is currently professionally managed. 2275 Chestnut is a rare opportunity to own a pride of ownership property in the heart of the popular Marina district.
  1. Listed by Sebastian Gaetani • DRE #01964305 • Marcus & Millichap
  2. Listed by Joe Levy • DRE #01932439 • Marcus & Millichap

Property Details for 2275 Chestnut Street

Directions to Property
From North Take Marina Blvd exit. Then take a right on Divisadero Street and a left on Chestnut Street. From South Take Van Ness to Lombard Street. Then take a right on Scott street and a right on Chestnut Street.
Cross Street
Scott
Total Parking Spaces
0
LISTING UPDATED: 01/27/2022 10:03 AM

Property Details for 2275 Chestnut Street

StatusClosed
MLS #421600000
Days on Compass40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1914
Lot Size0.02 AC / 1,036 SF
CountySan Francisco County

Location

Listing Courtesy of Marcus & Millichap, Sebastian Gaetani, DRE #01964305; Marcus & Millichap, Joe Levy, DRE #01932439

Sold By Marcus & Millichap, Joe Levy, DRE #01932439; Marcus & Millichap, Sebastian Gaetani, DRE #01964305

Add your commute

Building Information for 2275 Chestnut Street

Stories3Residences4Year Built1914Building Size-Lot Size0.02 AC / 1,036 SF

Payment Calculator

$14,801 per month

30 year fixed, 6.845% Interest

Principal and Interest

$14,801

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2275 Chestnut Street

Summary
Location and General Information
  • Area/District: SF District 7
  • Area Short Display: 7
  • Subdistrict: Marina
  • Location Description: SF District 7, Marina, SF District 7 Marina
Taxes and HOA Information
  • APN: 0489029A
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Not Verified
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Zero Lot Line
Property and Assessments
  • Picture Count: 30
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 3
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Stories: 3
  • Levels: Three
Interior Features
  • Full Bathrooms: 0
  • # of Rooms: 11
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: 1
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 1
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: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 18.84
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 3
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # Of Units Total: 4
  • # Of Units Vacant: 0
  • # Of Units Leased: 4
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: Top floor apartment is a two bedroom unit.
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $2,995.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 0
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Description: Dentist Office
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $3,650.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 0
  • Unit 2 Type: Office
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Description: Nail Salon
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $3,602.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
  • Unit 3 Type: Store
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Description: Clothing Store
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $2,249.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
  • Unit 4 Type: Store
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Cable TV, Electricity, Gas

Property History for 2275 Chestnut Street

DateEvent & SourcePriceAppreciation
Dec 30, 2021

Sold

RESFAR #421600000

$2,825,000
Nov 10, 2021

Pending

RESFAR #421600000

Oct 21, 2021

Contingent - No Show

RESFAR #421600000

Oct 9, 2021

Price Change

RESFAR #421600000

$2,500,000
DateEvent & SourcePrice
12/30/2021

Sold

RESFAR #421600000

$2,825,000
11/10/2021

Pending

RESFAR #421600000

10/21/2021

Contingent - No Show

RESFAR #421600000

10/09/2021

Price Change

RESFAR #421600000

$2,500,000

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

Schools near 2275 Chestnut Street

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
Sherman Elementary School
PublicK to 5

Marina Middle School
Public6 to 8

Galileo High School
Public9 to 12

Lilienthal (Claire) 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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Sebastian Gaetani, DRE #01964305; Marcus & Millichap, Joe Levy, DRE #01932439

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.