2550-2554 Sacramento St
San Francisco, CA 94115

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Listed for $1,699,000, Just Sold for $2,600,500 ($901,500 Over Asking) with Multiple Court Overbidders! This rare Pacific Heights Victorian Mixed Use Building steps from Fillmore Street shopping and dining, local parks, schools, public transit and more, could be the perfect owner-occupied investment hybrid, family compound or a solid investment with upside for discerning buyers. 2550-2554 Sacramento Street, which consists of one 1BD/1BA owner's unit with private yard, two 1BD/1BA apartments (one with front deck), one 2BD/1BA unit, and a ground floor commercial unit current leased to a salon for $3,400 per month (month to month lease), will be delivered with 3 of the 4 residential units vacant at close, including the owner's unit. One 1BD/1BA unit will be delivered tenant-occupied at $2,543 per month. Per the public tax records, the property measures 3,880 Sq Ft on the interior, is on a 3,200 Sq Ft lot with an attractive rear yard, and shows as 5BD/4BA/4 Units. Held by a long-term owner for many years, the building has projected gross annual income in the $160,000 range, and a possible Cap Rate of 5.5% on a 35% expense ratio WITH possible capital improvements taken into account. A wonderful Pac Heights location, just around the corner from top-rated area amenities including Mollie Stone's, Peets, Blue Bottle, restaurants, parks and more, should ensure an attractive tenant offering for years to come. Broker's note: This is an as-is Conservatorship Sale with court confirmation required. Tax Records show 4 units & 5BD/4BA. Buyers to verify all for themselves.

  • $2,600,500
  • 5 Bedrooms
  • 4 Bathrooms
  • 3,880 Sq/ft
  • Lot 0.07 Acres
  • Built in 1900
  • MLS: 423754126

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Feel free to contact us for more details!

Andrew De Vries, MBA

Andrew De Vries, MBA

Probate Agent Real Estate Services

415-585-5200

[email protected]

https://ProbateAgent.com

License #: 01368031

Probate Agent Real Estate Services