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7 Lux Apartments + Parking & Views!!

$5,300,000

2430 Lake Street, San Francisco, CA 94121

Active
Last Updated: 02/09/2023

6,745 sqft

Building Size

4,050 sqft

Lot Area

Details:
Building Size:    6,745 sqft
Lot Area:    4,050 sqft
Description:

This beautiful building, located in the highly desirable Lake Street District, and adjacent to Sea Cliff, is a block from California Street and within walking distance of Clement Street and Geary Boulevard, which have many retail shops, restaurants, and bars. Shopping and other services are nearby in the Laurel District Shopping Center as well as on Sacramento Street in Presidio Heights. Additionally, the building is conveniently located close to Golden Gate Park and Ocean Beach and within a few blocks of the Presidio and Baker Beach. Public transportation stops via Muni are nearby, giving great and quick access to the Financial District, Downtown and the rest of the City. The Golden Gate Bridge is within a short driving distance allowing easy access to Marin County and the Wine Country. Park Presidio, several blocks away, is easily accessed leading to 19th Avenue and Interstate 280 south to the Peninsula, Half Moon Bay and San Jose.

Prime Lake Street District Location!
7 Large Apartment Units + 6 Car Parking
3 Three Bedroom/2 Bathroom Units
4 Two Bedroom/2 Bathroom Units
Exceptional Golden Gate Bridge, Ocean & Marin Views!
7 In-Unit Laundry Rooms
7 Storage Closets
4 Car Garage Parking
2 Car Pad Parking
Separate In Unit Water Heaters
Separately Metered for Gas & Electricity
Electric Baseboard or Wall Heaters - Tenants Pay Heat & Hot Water
400 AMP Electrical
Soft Story Seismic Work Completed
Presidio National Park & Baker Beach Just a Few Blocks Away!
Excellent Investor, Owner-Occupier or TIC Developer Opportunity!
One Unit Being Held Vacant for Possible Owner-Occupier.

2430 Lake Street is a beautiful, well-maintained 7-unit apartment building located in the Lake Street district, one of the most elegant and popular neighborhoods in San Francisco. Constructed in 1915, this property consists of three (3) three bedroom/two bath units and four (4) two bedroom/one bath units. All units have been extensively rehabbed with updated kitchens and baths, hardwood floors, in-unit laundry, and separate water heaters. Many of the units have exquisite views of the City or the Golden Gate Bridge. There are seven storage closets available for tenant use. There is a four-car garage with a Tesla charging station and a two-car parking pad for a total of 6 parking spaces. The current owners have completed extensive exterior work on the building, including stucco replacement, dry rot repair, and replacing some windows. All the units are separately metered for gas and electricity. Tenants pay for their own heat and hot water. The soft story seismic work has been completed. This property is ideal for investors, owner/occupiers, and TIC developers. One unit is being held vacant for possible owner-occupiers.

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