Views
Listed By:
Robyn Wonnell with KW Temecula; 951 501-6567
Address
74 Crestline Drive, San Francisco, CA
Price
$ 6,995,000
Property Attributes
  • MLS#SW19279533
  • TypeMulti-Family
  • CountySAN FRANCISCO
  • CitySan Francisco
  • AreaSan Francisco
  • Zip94131
  • StyleContemporary,Craftsman
  • Price$ 6,995,000
  • Bedrooms16
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage9544
  • Lot Size9,413 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

KILLER VIEWS. OVERLOOKS SAN FRANCISCO BAY ON EAST SIDE AND NATURE RESERVE ON WEST SIDE. 12 PRIZED UNITS. 8 ONE BEDROOMS. 4 TWO BEDROOMS. 8 BEAUTIFULLY REMODELED. SEISMIC RETROFIT COMPLETED. VERY CLEAN, UPDATED, WELL MAINTAINED. SEE OFFERING MEMORANDUM ATTACHMENT. TARGET CLOSING DATE OF DECEMBER 15TH. 3.4 CAP 19 GRM 238K NOI 60K UPSIDE POTENTAIL IN RENTS.

Price History
10/24/2023 Listed $6,995,000

General Features

Interior Features Balcony,CrownMolding,OpenFloorplan,PhoneSystem,Storage,MultiplePrimarySuites
Sewer PublicSewer
Heating Central
Cooling None
Utilities CableAvailable,ElectricityAvailable
Possession CloseOfEscrow
Appliances Dishwasher,ElectricOven,ElectricRange,ElectricWaterHeater,Disposal,Refrigerator
Zoning RM1
HOA 0.0
Garage Spaces 6.0
Architectural Style Contemporary,Craftsman
Pool Features None
Construction Materials Stucco,VinylSiding,WoodSiding,CopperPlumbing
Exclusions Apt. 12 is occupied by one owner who is keeping his unit at a reduced rent on long term lease. Rent is negotiable.
Year Built 1965
Electric Item220VoltsinLaundry,Standard
Tenant Pays CableTV,Electricity,Gas
Levels ThreeOrMore
Tax Year 2019
Gross Income 318237.0
Community Features Foothills,Hiking,Urban,Park
County San Francisco
Net Operating Income 238060.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction No
Property Type ResidentialIncome
Association Amenities ControlledAccess,MaintenanceGrounds,Trash
HOA / Comm Assn No
Attached Garage No
Contingency 1031 Exchange,and one owner is keeping his apt. on a long term lease back basis. He's currently there one week per month while on other business. He's willing to pay a reduced rent for his lifetime
Garage Y/N Yes
Special Listing Conditions Standard
Status Active
Directions Take Market Street west (becomes Portola Dr) to Burnett,north to Crestline Dr. to the top of the hill next to Sutro Tower Nature Trail. Blue Bldg across from trail entrance.
City San Francisco
Disclosures RentControl
Entry Location Crestline Drive Lobby
View Y/N No
Senior Community Y/N No
Open Parking Spaces 6.0
Total Units 12
MLS Area SFO - San Francisco
Lot Size Square Feet 9413.0
Private Pool No
Waterfront Y/N No
Carport Spaces 6.0
Carport Y/N Yes
Number of Units Leased 12
Street Name Crestline
Listing Terms CashtoExistingLoan,CashtoNewLoan,Item1031Exchange
Property Attached Y/N Yes
Land Lease Y/N No
Home Warranty Y/N No
Current Financing Conventional
Fuel Expense 0.0
Property Condition UpdatedRemodeled
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 1035
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Total Actual Rent 364308.0
Taxes 0.0
Cap Rate 3.6
MobileHomeRemainsYN No

Interior Features

Flooring Carpet,Laminate,Tile,Wood
Total Stories 3
Common Walls Item1CommonWall
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Drive
Laundry Features CommonArea,Inside,LaundryRoom,SeeRemarks
Electric On Property Y/N No

Exterior Features

Parking Features AttachedCarport,Assigned,ControlledEntrance,Concrete,Covered,DoorMulti,DrivewayLevel,GarageFacesFront,Garage,OnSite,OffStreet,Other,Paved,Public,Private,CommunityStructure,OnStreet
Lot Features NearPark,NearPublicTransit,RollingSlope,SteepSlope,Walkstreet
Water Source Public
Total Parking 18.0
Inclusions Owner will lease back one of the apartments on a long term lease as part of sales agreement at a reduced rent.
Lot Size Area 9413.0
Number of Buildings 1
Spa No
Building Area Total 9544.0
Lot Size Acres 0.2161
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 13
Number of Separate Electric Meters 13
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94131

Price
AVG $7M
$7M
Visits
AVG 160
160
Data Provided by Inside Real Estate®
Year Built
AVG 1944
1965