Pending

Contingent - No Show

2960 Polk Street

San Francisco CA, 94109

$5,800,000


$623.66 per sqft

Pending

Contingent - No Show

24 Beds

9,300 sqft

Condo

Built in 1925

2960 Polk Street represents a rare buying opportunity in the highly desirable Russian Hill. This property consists of 12 condominiums with separate APN numbers for each unit. These spacious four-room units are used as Two-Bedrooms. Many of the condos have been remodeled in the recent past, and some have Bay and GG Bridge views. There are 10 garage spaces. Each condo is separately metered for gas and electricity. The soft-story retrofit was completed in 2017. In 2024 a new fire alarm panel and sleep alarms were installed, bringing the property into compliance with the new ordinance. The property has an elevator, however, it was decommissioned in 2023 and is not currently in service. Currently operating as an apartment building, the property produces a gross annual income of $489,952. Professionally managed and well maintained by the same family for over 40 years. Do not miss this excellent and rare investment opportunity!

424037905

MLS ID

May 31, 2024

Listed

July 12, 2024

Updated

Map

2960 Polk Street
San Francisco CA, 94109

Interior Features

Total Stories

0


Bedrooms

24


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Steam

Exterior/Building Features

Lot Size

0.1 Acres


Lot Features

None


Architectual Style

Marina

Other Property Details

Area Name

SF District 8


Garage

Yes


Garage Spaces

10


Parking

Covered, Garage


Parking Total

10


View

No


County

San Francisco


Pool

No

Listing History

Date

Event

Price

6/25/2024

Pending

Listed by Adam D Filly 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 7/12/2024.

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 Sherry Ramzi | CA DRE# 01057486 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 7:45 PM UTC, 7/12/2024

Powered byLuxury Presence