309-315 Potrero Ave

San Francisco, CA 94103

$3,625,000
Last Sold Price
Beds
Baths
8,381 Sq. Ft.
$433 / Sq. Ft.
8,381
Sq. Ft.
$433
per Sq. Ft.

Description

For comp purposes only. Reduced Price! Now offered at 12.6 GRM and 5.9% Cap Rate. This 5-Unit mixed-use property is on the western end of Potrero Hill. The building consists of two large remodeled 4bd flats, two storefront retail, and a large basement office space. The building underwent significant structural and system upgrades in 2013, including but not limited to; a new foundation, new roof, new electrical and new plumbing. The two apartments are large with quality finishes, in-unit laundry,...For comp purposes only. Reduced Price! Now offered at 12.6 GRM and 5.9% Cap Rate. This 5-Unit mixed-use property is on the western end of Potrero Hill. The building consists of two large remodeled 4bd flats, two storefront retail, and a large basement office space. The building underwent significant structural and system upgrades in 2013, including but not limited to; a new foundation, new roof, new electrical and new plumbing. The two apartments are large with quality finishes, in-unit laundry, and outdoor spaces with views. The 4bd/3ba unit will be delivered vacant. The two storefront retail spaces are occupied by art galleries with leases expiring in July 2024. The large basement office space is leased through 2022. This is a turn-key asset that allows an investor to realize an immediate return on their investment with upside potential remaining. It would also make a great owner-user opportunity with an excellent income stream.

Property Details for 309-315 Potrero Avenue

Architectural Style
Contemporary
View Description
San Francisco
Cross Street
16th Street
Total Parking Spaces
0
LISTING UPDATED: 02/25/2020 06:58 AM

Property Details for 309-315 Potrero Avenue

StatusClosed
MLS #495102
Days on Compass1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1906
Lot Size0.10 AC / 4,242 SF
CountySan Francisco County
Add your commute

Building Information for 309-315 Potrero Avenue

Stories-Residences5Year Built1906Building Size-Lot Size0.10 AC / 4,242 SF

Payment Calculator

$18,993 per month

30 year fixed, 6.845% Interest

Principal and Interest

$18,993

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 309-315 Potrero Avenue

Summary
Location and General Information
  • Area/District: SF District 9
  • Area Short Display: 9
  • Subdistrict: Potrero Hill
  • Location Description: SF District 9, Potrero Hill, SF District 9 Potrero Hill
Taxes and HOA Information
  • APN: 3961-020
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
School Information
  • School District (County): San Francisco
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: Owner
  • Lot Size Source: Assessor Auto-Fill
Property and Assessments
  • Possession: Negotiable, Subject To Tenant Right
  • Picture Count: 13
  • Photos Provided By: Agent
  • Elevation: 0
Green Features
  • Green Verification Year: 0
Interior and Exterior Features
Exterior Features
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Foundation: Concrete Perimeter
  • Stories: 0
Interior Features
  • Flooring: Wood
  • # of Rooms: 17
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: 2
  • 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: 0.0
  • 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: 5
  • # Of Units Vacant: 1
  • # Of Units Leased: 0
  • 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
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 309-315 Potrero Avenue

DateEvent & SourcePriceAppreciation
Mar 21, 2020

Withdrawn

RESFAR #489525

Feb 13, 2020

Sold

RESFAR #495102

$3,625,000
Feb 13, 2020

Pending

RESFAR #495102

Feb 13, 2020

Listed (Active)

RESFAR #495102

$3,750,000
Jan 6, 2020

Price Change

RESFAR #489525

$3,750,000
Sep 5, 2019

Listed (Active)

RESFAR #489525

$3,995,000
Sep 30, 2014

Withdrawn

RESFAR #422657

$4,000,000
Jul 7, 2014

Listed (Active)

RESFAR #422657

$4,000,000
DateEvent & SourcePrice
03/21/2020

Withdrawn

RESFAR #489525

02/13/2020

Sold

RESFAR #495102

$3,625,000
02/13/2020

Pending

RESFAR #495102

02/13/2020

Listed (Active)

RESFAR #495102

$3,750,000
01/06/2020

Price Change

RESFAR #489525

$3,750,000
09/05/2019

Listed (Active)

RESFAR #489525

$3,995,000
09/30/2014

Withdrawn

RESFAR #422657

$4,000,000
07/07/2014

Listed (Active)

RESFAR #422657

$4,000,000

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

Schools near 309-315 Potrero 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 - 8 to 12
Rating
School
Distance
Moscone (George R.) Elementary School
PublicK to 5

Hoover (Herbert) Middle School
Public6 to 8

Downtown High School
Public9 to 12

S.F. International High School
Public8 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.

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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 Compass, Adam Filly, DRE #01354775; Compass, Shannon Cronan, DRE #01949759

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.