3322 Buchanan Street

San Francisco, CA 94123

$18,000,000
Price
Beds
35,900 Sq. Ft.
$501 / Sq. Ft.
35,900
Sq. Ft.
$501
per Sq. Ft.

Description

Magnolia Place is set in the heart of San Francisco's Marina District. This asset presents the rare opportunity to purchase an institutional quality property in one of San Francisco's best rental locations. Constructed in 2001 and not subject to SF Rent Control, the property is situated on a prominent corner with frontage on three contrasting blocks. The ground floor commercial space is on the heavily trafficked Lombard Street, presenting an excellent branding opportunity in a bright and modern space....Magnolia Place is set in the heart of San Francisco's Marina District. This asset presents the rare opportunity to purchase an institutional quality property in one of San Francisco's best rental locations. Constructed in 2001 and not subject to SF Rent Control, the property is situated on a prominent corner with frontage on three contrasting blocks. The ground floor commercial space is on the heavily trafficked Lombard Street, presenting an excellent branding opportunity in a bright and modern space. The residential spaces front on the quieter Buchanan and Magnolia Streets, providing tenants with a quiet neighborhood feel just a block from the high-end shopping on Chestnut Street. These sleek modern units have consistently remained in high-demand. All of the apartments feature hardwood floors, granite countertops, modern appliances, and in-unit laundry. Contributing to the neighborhood vibe is a nicely decorated central courtyard. Commercial tenants will be pleased with the bright and open space, the convenience of a loading dock with a roll up door, and abundant parking set aside in the garage. The combination of location, modern construction and systems, and the ability to keep pace with market rents make this a strong investment opportunity.

Listing Agent

  1. Adam Filly

    Adam Filly

    Listing Agent

    Compass

    DRE #01354775

    adam.filly@compass.com

    P: (415)-516-9843

Property Details for 3322 Buchanan Street

Parking Features
EV Charging, Garage, Automatic Door
Cross Street
Lombard Street
Total Parking Spaces
45
LISTING UPDATED: 11/22/2024 04:50 PM

Property Details for 3322 Buchanan Street

StatusPending
MLS #424069925
Days on Compass53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built2001
Lot Size0.38 AC / 16,496 SF
CountySan Francisco County

Building Information for 3322 Buchanan Street

Stories-Residences29Year Built2001Building Size-Lot Size0.38 AC / 16,496 SF

Property Information for 3322 Buchanan 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: 0494-012
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 45
  • Carport Spaces: 0
  • Garage Spaces: 45
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 45.0
  • Parking: EV Charging, Garage, Automatic Door
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Auto-Fill
  • Building Name: Magnolia Place
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: None
Property and Assessments
  • Possession: Close of Escrow, Subject To Tenant Right
  • Picture Count: 41
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • Loading: Delivery Door, Truck Door
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Stories: 0
  • Roof: Bitumen
Interior Features
  • Laundry Features: In Each Unit
  • Full Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 13
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 13
2 Bedroom Unit
  • # of 2 Bedroom Units: 14
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 14
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: 11.42
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 133142.0
Multi-Family Information
  • # Commercial Units: 2
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 29
  • # Of Units Total: 29
  • # Of Units Vacant: 2
  • # Of Units Leased: 27
  • 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 3322 Buchanan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3322 Buchanan Street

Taxable ValueLand$5,436,279Additions$13,939,193Total$19,375,472
Tax Record2024$229,085 ($19,090 / month)
Home Facts
Total Finished SqFt35,900 SqFtAbove Grade Finished SqFt35,900 SqFtStories3Lot Size16,496 SqFtStyleMulti-Family Res (5+ Units)Year Built2001ZoningNC3CountySAN FRANCISCOAPN0494 -012

Schools near 3322 Buchanan Street

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

Marina Middle School
Public6 to 8

S.F. International High School
Public8 to 12

Buena Vista/ Horace Mann K-8
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 Compass Commercial, Adam Filly, DRE #01354775; Peak Realty Group, Jim C Keighran, DRE #01392022

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.