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Parking: 0
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$349 / Sq. Ft.
SOLD FOR $6,765,000 on 10/10/2024 for 93.96% of the list price of $7,200,000
1536 Great Highway 1552, San Francisco, CA, 94122 - Property Description
Situated directly across the Great Highway from Ocean Beach, this 37 unit property is a true one-of-a-kind multifamily asset. The property consists of 4 structures on one lot with a variety of unit types throughout the property. The Outer Sunset neighborhood has experienced a tremendous renaissance as the hybrid work from home model has made the location increasingly desirable to be near the beach, Golden Gate Park and the accessible public transit. The property consists of 24 spacious studio units, 12 one bedrooms and one 3 bedroom unit. There are a number of undedicated parking spaces and storage spaces that could be rented by a new owner. The common area halls are spacious, with high ceilings and new carpet throughout. The roof of the largest structure is tar and gravel and appears to be in good condition, while the roofs of the other 3 structures are pitched shingle. The main structure, comprised of 24 units, is master metered for gas and electricity and the heat in these units is electric or gas wall heater. Six units in the 1546 structure are separately metered for electricity, which the tenants pay for. Several units have benefited from recent renovations and many of the units have multiple years of banked rent increases.
Price Insights
Home Facts
Property Location
- * Listing Courtesy of: Marcus & Millichap
- * Disclaimer: MLS listing information is deemed reliable but is not guaranteed by the service.
- * Listing Agent: Clinton Textor, Co-listing Agent: Nick Bonn
Listing Details for 1536 Great Highway 1552
HOA Information
HOA Information
- Association: No
- # of Units (Total): 37
Interior Features
Interior Features
- # of Rooms: 70
- View: Ocean, City, San Francisco
Property History for 1536 Great Highway 1552
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Today
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2024-10-10DateSoldSan Francisco MLS #424004004$6,765,000Price
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