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