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Sold for $1,895,000 on 09/19/22
  • $1,895,000

    331-333 Cortland Ave, San Francisco, CA 94110

    4beds
    3,146sqft
    Mixed Use
    Built in 1915
    -- sqft lot
    $1,900,200 Zestimate®
    $602/sqft
    $7,403 Estimated rent

    What's special

    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

    Zillow last checked: 7 hours ago

    Listing updated: September 19, 2022 at 06:38pm

    Listed by:

    Meryl K. Bennan DRE #01988493 415-637-7059,

    BarbCo 415-566-1112

    Bought with:

    Steven C. Gerry, DRE #01926878

    Compass

    Source: SFAR,MLS#: 422666103MLS LogoOriginating MLS: San Francisco Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • Partial bathrooms: 1
    Heating
    • Central
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Varies By Unit
    Features
    • Windows: Bay Window(s), Dual Pane Partial, Screens
    • Basement: Storage Space
    Interior area
    • Total structure area: 3,146
    • Total interior livable area: 3,146 sqft

    Property

    Accessibility
    • Accessibility features: Varies By Unit
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 1,860 sqft
    • Features: Zero Lot Line, None
    Details
    • Parcel number: 5667014
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Edwardian
    • Property subtype: Mixed Use
    Materials
    • Wood
    • Foundation: Concrete Perimeter
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Water: Public
    Green energy
    • Energy generation: Solar

    Community & neighborhood

    Security
    • Security features: Security Gate
    Location
    • Region: San Francisco

    HOA & financial

    HOA
    • Has HOA: No
    Other financial information
    • Total actual rent: 11500
    Services availability
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    Estimated market value

    $1,900,200