515 Ofarrell ST, San Francisco, CA, CA 94102

$10,500,000

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List Price
$10,500,000
Status
ACTIVE
MLS#
41128295
County
San Francisco
Year Built
1926
Square Feet
4,534
Days on Market
126
Property Type
Multifamily
Neighborhood
Civic Center

Property Description

First time on the market in 48 years - a once-in-a-generation investment opportunity. The Beverly, located at 515 O'Farrell Street, is a 46-unit mixed-use asset comprised of 45 studio apartments and one ground-floor commercial unit, ideally situated in the heart of San Francisco. The property is within walking distance to Union Square, national name-brand hotels, BART, cable cars, and offers immediate access to multiple MUNI bus lines. The residential component features 45 well-laid-out studio units, offering efficient layouts and strong rental demand. The ground floor includes a large laundromat servicing both residential and commercial clientele. Additional highlights include a roof deck with panoramic views and 7 parking spaces. Capital improvements include elastomeric roof coating, furnace improvements, and ongoing upgrades to the sprinkler system. This concrete building is not subject to San Francisco's soft-story retrofit program. Fannie Mae and Freddie Mac approv

Additional Information

Parcel Number
0323 003
Heat
Wall Furnace
Cooling
Yes
Exterior Construction
Concrete

Listing courtesy of Listing Agent: Aida Molina-Polle (aida.polle@theagencyre.com) from Listing Office: The Agency.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.