551 Nevada Street

San Francisco, CA 94110

$4,000,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Golden opportunity! 2 lots for the price of one (see Lots/Land, MLS #41050956, 571 Nevada St). Currently used for church parking. This commercial, mixed-use property features a church on ground level with 2 units of residential living above. Each 2br, 1ba unit has an updated kitchen and bathroom done with permits, fresh paint. These lots offer tremendous opportunity for the next community, spiritual leader OR for alternate development. Nestled in the Bernal Heights District, it is an easy walk to...Golden opportunity! 2 lots for the price of one (see Lots/Land, MLS #41050956, 571 Nevada St). Currently used for church parking. This commercial, mixed-use property features a church on ground level with 2 units of residential living above. Each 2br, 1ba unit has an updated kitchen and bathroom done with permits, fresh paint. These lots offer tremendous opportunity for the next community, spiritual leader OR for alternate development. Nestled in the Bernal Heights District, it is an easy walk to the historic and famous San Francisco Farmers Market. Conveniently located to freeway entrances and exits for Highways 280 and 101. 15 minutes from SFO airport. 10 minutes away from Warriors Chase Center and Downtown SF.
  1. Listed by April Jones • DRE #01990010 • April Jones, Broker

Property Details for 551 Nevada Street

City
SAN FRANCISCO
Dist Neighborhood Subdiv
BERNAL HEIGHTS
Building Type
Mixed Use
Property Sub Type
Mixed Use
Garage/Parking
Private Lot, Street Parking
Total # Parking Spaces
20
LISTING UPDATED: 10/23/2024 02:04 PM

Property Details for 551 Nevada Street

StatusActive
MLS #41050612
Days on Compass311
Taxes$2,499 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Industrial For Sale / Mixed Use
Year Built1900
Lot Size-
CountySan Francisco County

Building Information for 551 Nevada Street

Stories-Residences-Year Built1900Lot Size-

Property Information for 551 Nevada Street

Features
Utility Details
  • Cooling: Central 1 Zone A/C
  • Heating: Central Gravity, Hot Water
  • Energy Saving Feature: None
Lot / Property Details
Property Details
  • Exterior: Wood
  • Roof: Unknown
  • Year Built: 1900
  • Zoning: RH-1
Location Details
  • Directions to Property: S 280. Exit Alemany Blvd
  • FIPS Code: 06075
  • Census Tract: 0254.02
  • Parcel Number: 5735 -010
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Financial Data Source: Other
Income / Expense Details
  • Net Operating Income: $54,261
Multi Family 5+ Information
Building Details
  • Tot Ann Oper Exp: 12939.0
Income / Expense Details
  • Annual Taxes: $2,499
  • Gross Operating Actual Income: $67,200
Other Financial Information
  • Cap Rate: 1.35
  • Existing Loan: Private
Additional Information
Additional Information
  • Fireplace: No
  • WiFi Last: Apartments have long term tenants who are currently at below market rents. Do not Disturb tenants or walk upstairs. Seller in the process of evicting tenants. Buyers and their agents are encouraged to perform their due diligence. Seller and Listing Agent

Property History for 551 Nevada 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 551 Nevada Street

Taxable ValueLand$33,939Additions$79,251Total$113,190
Tax Record2024$3,387 ($282 / month)
Home Facts
Total Finished SqFt3,725 SqFtAbove Grade Finished SqFt3,725 SqFtStories2Lot Size3,497 SqFtStyleTriplexYear Built1900ZoningRH1CountySAN FRANCISCOAPN5735 -010

Schools near 551 Nevada 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 - 9 to 12
Rating
School
Distance
Flynn (Leonard R.) Elementary School
PublicK to 5

Lick (James) Middle School
Public6 to 8

Lincoln (Abraham) High School
Public9 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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551 Nevada Street is a mixed use property for sale in San Francisco, CA 94110. This property was listed for sale on February 22, 2024 by April Jones, Broker, it's currently listed at $4,000,000. This listing's school district is San Francisco Unified School District. Nearby schools include Flynn (Leonard R.) Elementary School, Lick (James) Middle School and Lincoln (Abraham) High School. 551 Nevada Street is a 0-bed, 0-bath, mixed use property built in 1900.

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 April Jones, Broker, April Jones, DRE #01990010

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.