Active

2886 16th Street

San Francisco CA, 94103

$2,750,000


$318.29 per sqft

Active

1 Bed

8,640 sqft

Multi-family

Built in 1923

14-unit investment property in the vibrant Mission neighborhood. There are 12 studios, 1 ground floor commercial and 1 live/work style 1-bedroom on the ground floor. Significant upgrades in the last decade enhancing the overall building value and reducing future maintenance costs. Soft story retrofit completed with new steel beams, new concrete footings, a complete basement upgrade with a laundry area. Several of the residential units have been remodeled, with modern finishes and stainless steel appliances. There have been major remodels to units #6, #8, and the live/work space. In addition the building has new exterior paint and a rebuilt back deck and stairs. Unit #4 will be delivered vacant, presenting a valuable opportunity for a new owner to further enhance the building's appeal and increase its rental income.

424075996

MLS ID

October 21, 2024

Listed

February 20, 2025

Updated

Interior Features

Total Stories

0


Bedrooms

1


Appliances

Varies By Unit


Laundry Description

Coin Operated, Common Area


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes

Exterior/Building Features

Lot Size

0.08 Acres


Lot Features

Shape Regular


Roof

Asphalt, Flat


Sewer

Public Sewer


Window

Bay Window(s), Varies by Unit

Other Property Details

Area Name

SF District 9


Days on Market

97


Garage

No


Parking Total

0


View

Yes


View Description

City Lights


County

San Francisco


Water Source

Public


Pool

No


Utilities

Cable Available, City, Natural Gas Connected


Zoning

M1

Listing History

Date

Event

Price

2/5/2025

Price change

$2,750,000

-2%

Listed by Mark E Bonn with Compass Commercial

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 2/20/2025.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Danielle Bales shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 7:50 PM UTC, 2/20/2025

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