Sold

548 Steiner Street

San Francisco CA, 94117

$2,500,000


$323.00 per sqft

Sold

18 Beds

7,740 sqft

Multi-family

Built in 1907

548 Steiner Street is a six-unit investment opportunity in San Francisco's famous Alamo Square neighborhood. All of the units are large three-bedroom flats of approximately 1,250+- square feet (buyer should measure to their own satisfaction). These spacious flats make excellent homes for roommates, families, or those needing extra space to work from home. They have hardwood floors, built-in cabinets, high ceilings, and plenty of room to live. There is a large garage that accommodates four cars independently. Behind the garage is a small yard for the tenants to enjoy. The garage may offer ADU potential. The soft-story retrofit was completed in 2017. All apartments are separately metered for gas and electricity. Tenants love this location as it provides easy access to a number of neighborhoods such as Hayes Valley, Divisadero corridor, Lower Haight, and many more. This offering provides a tremendous value to savvy investors as it is priced at a 5.1% cap rate and $337 per square foot and with much upside remaining.

423722319

MLS ID

February 17, 2023

Listed

February 15, 2024

Updated

Map

548 Steiner Street
San Francisco CA, 94117

Interior Features

Total Stories

0


Bedrooms

18 Beds


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres


Lot Features

None


Roof

Asphalt

Other Property Details

Area Name

SF District 6


Garage

Yes


Garage Spaces

4


Parking

Garage


Parking Total

4


View

No


County

San Francisco


Pool

No

Listing History

Date

Event

Price

5/11/2023

Price Change

$2,500,000

-4%

5/11/2023

Sold

$2,500,000

Bought with Allison Chapleau with Vanguard Properties and Listed by Adam D Filly (DRE #DRE #01354775) 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 2/15/2024.

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 Josh Burns 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 9:15 PM UTC, 2/15/2024

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