Sold

331 Cortland Avenue

San Francisco CA, 94110

$1,895,000


$602.35 per sqft

Sold

4 Beds

3.5 Baths

3,146 sqft

Multi-family

Built in 1915

Located in the highly sought after Cortland corridor, this 3-unit Edwardian w/2 bldgs on one lot is perfect for the boutique investor or live/work space with side of income. Property is in excellent condition with fully built-out air-conditioned and ADA compliant commercial unit on street level (Tenant--More Mojo Chiropractor-- pays $4500/month-2 years remaining + 5 yr option). Vacant upstairs 3bd/2ba offers flex for next owner and was most recently used as neighborhood light commercial space. Vacant 1 bd/1 ba 2-story updated cottage w/excellent privacy and storage out back. Solar panels for each unit offer low utility cost. Current owner completed significant structural and system upgrades. Walk to restaurants, shops, library, parks and all that gives Bernal Heights its sweet village-y appeal. Easy access to transportation and freeway as well. 96-walk score; Projected GRM: 13.7 based on projected $138,000 Gross Annual Income;5.7% scheduled cap rate based on projected NOI @$108,000

422666103

MLS ID

June 14, 2022

Listed

February 10, 2024

Updated

Map

331 Cortland Avenue
San Francisco CA, 94110

Interior Features

Total Stories

2


Bedrooms

4 Beds


Bathrooms

3.5 Baths


Appliances

Varies By Unit


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.04 Acres


Lot Features

Zero Lot Line, None


Architectual Style

Edwardian

Other Property Details

Area Name

SF District 9


Garage

No


Parking Total

0


View

No


County

San Francisco


Water Source

Public


Pool

No

Green Building Features

Green Features

Solar

Listing History

Date

Event

Price

6/29/2023

Sold

$1,895,000

Bought with Steven C Gerry with Compass and Listed by Meryl Bennan (DRE #DRE #01988493) with BarbCo 

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 2/10/2024.

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 Hanne Vastveit shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 2:21 AM UTC, 2/10/2024

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