1405 Van Ness Avenue

Highlights:

• Prime Location
• Storage Available

Description:

1405 Van Ness Avenue is a 34,744 square foot multi-family property on a 6,000 square foot lot in the Van Ness corridor, located in San Francisco. The property includes thirty-one (31) total units consisting of five (5) SROs, three (3) studios, two (2) 1 BD / 1 BA, seventeen (17) 2 BD / 1 BA, one (1) 3 BD / 1 BA, three (3) commercial units and sixteen (16) storage units. The residential units are master metered for water & electricity.

The Van Ness corridor is a prime location due to the accessibility to lively bar and dining scene on Polk Street, with an array of restaurants, cafes, and eateries, and the proximity to cultural landmarks such as The Yerba Buena Center for Arts, the Museum of Modern Art, The Olympic Club, and Grace Cathedral. The building's central positioning transforms it into a transportation nexus, with BART, buses and cable cars mere streets away. This strategic connectivity adds to the allure of the Van Ness corridor, making it a dynamic and multifaceted area that seamlessly blends business, culture, and lifestyle.

Recent improvements around 1405 Van Ness Avenue reflect a broader push to modernize and enhance San Francisco's Van Ness corridor. The Van Ness Improvement Project costing $346 Million recently introduced San Francisco’s first Bus Rapid Transit system along Van Ness Avenue, streamlining transit, improving pedestrian safety, and upgrading infrastructure with new sidewalks, streetlights, and utility systems. In addition, the new CPMC Van Ness Campus Project costing $2.1 Billion includes a state-of-the-art, 274-bed hospital designed to meet seismic safety standards and support modern healthcare needs. These projects enhance nearby healthcare & transportation methods with cutting-edge technology and sustainable design for the San Francisco community.

Discover the epitome of urban living in the vibrant heart of San Francisco at 1405 Van Ness Avenue. This is an ideal opportunity for an investor to purchase a well maintained apartment building in a prime Van Ness location.

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