Active

138 Lower Terrace

San Francisco CA, 94114

$2,945,000


$768.53 per sqft

Active

8 Beds

6 Baths

3,832 sqft

Multi-family

Built in 1963

Are you in search of an exceptional investment opportunity or considering a 1031 Exchange? Look no further than 138-140 Lower Terrace. This property underwent a substantial renovation and expansion in 2016, enhancing its appeal and functionality. The lower flat, 138, boasts 4 bedrooms and 3 bathrooms spread across two levels, offering exclusive access to a charming garden and garage. Meanwhile, the upper unit, spanning a single level, features 4 bedrooms and 2.5 bathrooms. Notably, residents of the upper unit enjoy exclusive use of a stunning rooftop deck boasting breathtaking bay views. Currently, the upper unit commands a rental income of $6,500 while the lower unit is leased for $7,600, totaling a monthly rent of $14,100 and yielding an attractive cap rate of 5.3%. Both units are equipped with radiant heat in the bathrooms and showcase elegant marble floors complemented by light wood flooring throughout. Pictures (36)

425014722

MLS ID

February 23, 2025

Listed

February 28, 2025

Updated

Interior Features

Total Stories

0


Bedrooms

8


Total Bathrooms

6


Full Bathrooms

3


Half Bathrooms

3


Interior Features

Storage


Appliances

Free-Standing Gas Oven, Free-Standing Refrigerator, Gas Plumbed


Floor Description

Simulated Wood, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.06 Acres


Architectural Style

Mid-Century

Other Property Details

Area Name

SF District 5


Garage

Yes


Parking

Covered, Garage Door Opener, Side by Side, Other


Parking Total

2


View

No


County

San Francisco


Pool

No

Listed by Duncan C Wheeler with Compass

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 2/28/2025.

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 Oliver Burgelman | CA DRE# 01388135 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 9:18 AM UTC, 2/28/2025

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