2886 16th Street

San Francisco, CA 94103

$2,800,000
Price
Beds
8,640 Sq. Ft.
$324 / Sq. Ft.
8,640
Sq. Ft.
$324
per Sq. Ft.

Description

14-unit investment property in the vibrant Mission neighborhood. There are 12 studios, 1 ground floor commercial and 1 live/work style 1-bedroom on the ground floor. Significant upgrades in the last decade enhancing the overall building value and reducing future maintenance costs. Soft story retrofit completed with new steel beams, new concrete footings, a complete basement upgrade with a laundry area. Several of the residential units have been remodeled, with modern finishes and stainless steel...14-unit investment property in the vibrant Mission neighborhood. There are 12 studios, 1 ground floor commercial and 1 live/work style 1-bedroom on the ground floor. Significant upgrades in the last decade enhancing the overall building value and reducing future maintenance costs. Soft story retrofit completed with new steel beams, new concrete footings, a complete basement upgrade with a laundry area. Several of the residential units have been remodeled, with modern finishes and stainless steel appliances. There have been major remodels to units #6, #8, and the live/work space. In addition the building has new exterior paint and a rebuilt back deck and stairs. Unit #4 will be delivered vacant, presenting a valuable opportunity for a new owner to further enhance the building's appeal and increase its rental income.

Listing Agents

  1. Mark Bonn

    Mark Bonn

    Listing Agent

    Compass

    DRE #01008844

    mark.bonn@compass.com

    P: (415)-225-8658

  2. Mirella Webb

    Mirella Webb

    Alternative Listing Agent

    Compass

    DRE #01409540

    mirella.webb@compass.com

    P: (415)-640-4133

Property Details for 2886 16th Street

Zoning
M1
View Description
City Lights
Cross Street
S. Van Ness Ave
Total Parking Spaces
0
LISTING UPDATED: 10/26/2024 12:08 AM

Property Details for 2886 16th Street

StatusActive
MLS #424075996
Days on Compass5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1923
Lot Size0.08 AC / 3,519 SF
CountySan Francisco County

Building Information for 2886 16th Street

Stories-Residences14Year Built1923Building Size-Lot Size0.08 AC / 3,519 SF

Property Information for 2886 16th Street

Summary
Location and General Information
  • Area/District: SF District 9
  • Area Short Display: 9
  • Subdistrict: Inner Mission
  • Topography: Level
  • Location Description: SF District 9, Inner Mission, SF District 9 Inner Mission
Taxes and HOA Information
  • APN: 3552-015
  • 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: Assessor Agent-Fill
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Agent-Fill
  • Lot Features: Shape Regular
Property and Assessments
  • Property Condition: Varies by Unit
  • Possession: Close of Escrow, Subject To Tenant Right
  • Picture Count: 19
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Natural Gas Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Construction Materials: Stucco, Wood Siding
  • Foundation: Concrete
  • Stories: 0
  • Levels: Three
  • Window Features: Bay Window(s), Varies by Unit
  • Security Features: Carbon Mon Detector, Security Gate, Smoke Detector, Varies By Unit
  • Roof: Bitumen, Flat
Interior Features
  • Heating: Varies by Unit
  • Appliances: Varies By Unit
  • Laundry Features: Coin Operated, In Common Area
  • Basement: Partial, Storage Area
  • Cooling: None
  • Other Equipment: None
  • Flooring: Varies by Unit
  • Full Bathrooms: 0
  • # of Rooms: 26
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 1
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 1
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: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 8.91
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 26500.0
Multi-Family Information
  • # Commercial Units: 1
  • Total # Owner Occupied: 0
  • # Studios Occupied: 11
  • # of Studio Units: 12
  • # of Units: 14
  • # Of Units Total: 14
  • # Of Units Vacant: 1
  • # Of Units Leased: 13
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
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: Varies By Unit
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Cable TV, Electricity, Gas

Property History for 2886 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2886 16th 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 5
Rating
School
Distance
Moscone (George R.) Elementary School
PublicK to 5

Hoover (Herbert) Middle School
Public6 to 8

O'connell (John) High School
Public9 to 12

Marshall Elementary School
PublicK to 5

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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2886 16th Street is a multi-family home for sale in San Francisco, CA 94103. This property was listed for sale on October 26, 2024 by Compass, it's currently listed at $2,800,000. It has been on the market for a total of 5 days and was last sold on October 8, 2013. This listing's school district is San Francisco Unified School District. Nearby schools include Moscone (George R.) Elementary School, Hoover (Herbert) Middle School and O'connell (John) High School. 2886 16th Street is a 0-bed, 0-bath, 8,640 sqft multi-family home built in 1923.

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 Compass Commercial, Mark Bonn, DRE #01008844; Compass Commercial, Mirella Webb, DRE #01409540

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.