4200 California St, San Francisco, CA 94118

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Sold: $2,593,000
Sold on 02/25/14

My Notes

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Rare investment opportunity. Subject property is a 13 unit commercial building built in 1964 located on the South-East corner of California Street between 4th and 5th Avenue in highly desirable Inner Richmond District. For either the investor or Owner/User, this property provides an opportunity to acquire a well maintained corner commercial building in the Inner Richmond District of San Francisco with upside appreciation potential in rents.
The Inner Richmond has become a bustling multicultural soup with cute stucco houses, grand mansions, easy access to the Presidio, a plethora of inexpensive eateries and a great variety of shops. On its main dining and shopping drag, Clement Street, you'll find great Burmese, Thai, Chinese, Vietnamese and Korean restaurants. Not only do the international foods attract visitors to the Richmond but the international cinema and Eastern-style bazaars as well. Both the Balboa and the 4-Star Theatre play a constant rotation of independent and foreign films, with the latter specializing in East Asian faire. Given Golden Gate Park to the south, the Presidio to the northeast, and Lincoln Park on its northwest, the Richmond certainly doesn't lack for outdoor places to picnic, enjoy nature, or go for a hike or jog. Like Central Park in New York, Golden Gate Park is a venue for rock concerts and a series of other cultural and political events. The park is home to the De Young Museum, the California Academy of Sciences, the Spreckles Temple of Music, and the SF Botanical Gardens.  More Less 

Facts

  • Miscellaneous
  • Last sold: Feb 2014 for $2,593,000

    Other

    • Zillow Home ID: 2111066402

    Zestimate Details

    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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    $6,017/mo
    +$90 Last 30 days
    $4.2K
    $10K
    Zestimate range

    Popularity on Zillow

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    Comparable Homes

    Homes like this sold for $368K-3.03M.

    $320K
    $3.07M

    Home Expenses

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    Neighborhood

    Market guide

    Zillow predicts Lake home values will increase 3.8% next year, compared to a 3.1% increase for San Francisco as a whole.

    Foreclosures will be a factor impacting home values in the next several years. In Lake, the number of foreclosures waiting to be sold is 6.1% higher than in San Francisco, and 39.9% higher than the national average. This higher local number may prevent Lake home values from rising as quickly as other regions in San Francisco.

    Learn more about forecast calculations or Lake home values.
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