331 Cortland Avenue

San Francisco, CA, 94110

$1,895,000

$602 per ft²
$1,895,000
$602 per ft²
Sold
Sold
beds
4 Beds
baths
4 Baths
carpenters-square
3,146 ft²
property_type
Multi-family
calendar
Built 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
MLS® ID:
422666103
Listed:
6/13/22
Updated:
10/4/22

Interior Features

Kitchen Appliances
Varies By Unit
Total Bedrooms
4
Full Bathrooms
3
Heating
Central

Exterior/Building Features

Lot Size
1,860 ft² lot
Architectural Style
Edwardian
Lot Details
Zero Lot Line, None

Other Property Details

Area Name
SF District 9
Garage
No
Parking
N
View
N
County
San Francisco
Water Source
Public
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
9/19/22
Sold
-
-
8/4/22
Pending
-
-
7/29/22
Active Under Contract
-
-

 

Courtesy of Meryl Bennan, DRE #, 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 10/4/22.

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.

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Data last updated 1:45 PM UTC, 10/4/22

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