701 27th Avenue, San Francisco, CA, CA 94121
- $1,495,000
- 3,600
- SqFt
- List Price
- $1,495,000
- Status
- ACTIVE
- MLS#
- ML82057502
- County
- San Francisco
- Year Built
- 1915
- Building Square Feet
- 3,600
- Square Feet
- 2,905
- Days on Market
- 31
- Property Type
- Multifamily
Property Description
701 27th Avenue is a 1915 Central Richmond duplex on a 2,905 sq ft corner lot with approximately 3,600 sq ft of building area. Unit 703 is a bright upper-level 3-bed/2-bath of approximately 1,389 sq ft, while Unit 701 is the lower-level two-story 4-bed/3-bath of approximately 2,228 sq ft, currently operating as a daycare. Both units are occupied by long-term tenants, providing stable in-place income. The property also features a detached two-car garage, offering tenants parking or giving ownership the potential for an ADU conversion. Appraised at $1,780,000 in 2025 in its current, occupied, as-is condition and now offered at $1,495,000, the property is priced well below its appraised value. With in-place rents also well below market, it presents a compelling opportunity for the value-add investor to capture both immediate equity and long-term income growth. Substantial banked rents may also be available. The property is steps from the dining, cafes, and boutique shopping along Geary Boulevard and Balboa Street, with Golden Gate Park, the Presidio, and Ocean Beach close by and 38-Geary transit to downtown.
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Additional Information
- Taxes
- $18,769
- Parcel Number
- 1617001
- Gross Scheduled Income
- $69,748
- Number of Buildings
- 1
- Heat
- Electric
- Cooling
- Yes
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- San Francisco Unified
- Elementary School
- Other
- Middle School
- Other
- High School
- Other
Listing courtesy of Listing Agent: Ismael Benhamida (ismael@benhamidagroup.com) from Listing Office: Compass.
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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.