Pending

3322 Buchanan Street

San Francisco CA, 94123

$18,000,000


$501.39 per sqft

Pending

41 Beds

35,900 sqft

Multi-family

Built in 2001

Magnolia Place is set in the heart of San Francisco's Marina District. This asset presents the rare opportunity to purchase an institutional quality property in one of San Francisco's best rental locations. Constructed in 2001 and not subject to SF Rent Control, the property is situated on a prominent corner with frontage on three contrasting blocks. The ground floor commercial space is on the heavily trafficked Lombard Street, presenting an excellent branding opportunity in a bright and modern space. The residential spaces front on the quieter Buchanan and Magnolia Streets, providing tenants with a quiet neighborhood feel just a block from the high-end shopping on Chestnut Street. These sleek modern units have consistently remained in high-demand. All of the apartments feature hardwood floors, granite countertops, modern appliances, and in-unit laundry. Contributing to the neighborhood vibe is a nicely decorated central courtyard. Commercial tenants will be pleased with the bright and open space, the convenience of a loading dock with a roll up door, and abundant parking set aside in the garage. The combination of location, modern construction and systems, and the ability to keep pace with market rents make this a strong investment opportunity.

424069925

MLS ID

September 30, 2024

Listed

November 23, 2024

Updated

Map

3322 Buchanan Street
San Francisco CA, 94123

Interior Features

Total Stories

0


Bedrooms

41


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.38 Acres


Lot Features

None


Roof

Asphalt

Other Property Details

Area Name

SF District 7


Days on Market

53


Garage

Yes


Garage Spaces

45


Parking

Electric Vehicle Charging Station(s), Garage, Garage Door Opener


Parking Total

45


View

No


County

San Francisco


Pool

No

Listing History

Date

Event

Price

10/30/2024

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 11/23/2024.

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 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 1:20 AM UTC, 11/23/2024

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