Active

1536 Great Highway

San Francisco CA, 94122

$7,200,000


$371.31 per sqft

Active

15 Beds

19,391 sqft

Multi-family

Built in 1907

Situated directly across the Great Highway from Ocean Beach, this 37 unit property is a true one-of-a-kind multifamily asset. The property consists of 4 structures on one lot with a variety of unit types throughout the property. The Outer Sunset neighborhood has experienced a tremendous renaissance as the hybrid work from home model has made the location increasingly desirable to be near the beach, Golden Gate Park and the accessible public transit. The property consists of 24 spacious studio units, 12 one bedrooms and one 3 bedroom unit. There are a number of undedicated parking spaces and storage spaces that could be rented by a new owner. The common area halls are spacious, with high ceilings and new carpet throughout. The roof of the largest structure is tar and gravel and appears to be in good condition, while the roofs of the other 3 structures are pitched shingle. The main structure, comprised of 24 units, is master metered for gas and electricity and the heat in these units is electric or gas wall heater. Six units in the 1546 structure are separately metered for electricity, which the tenants pay for. Several units have benefited from recent renovations and many of the units have multiple years of banked rent increases.

424004004

MLS ID

October 1, 2023

Listed

May 22, 2024

Updated

Map

1536 Great Highway
San Francisco CA, 94122

Interior Features

Total Stories

0


Bedrooms

15


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.37 Acres


Lot Features

Shape Regular

Other Property Details

Area Name

SF District 2


Garage

No


Parking Total

0


View

Yes


View Description

City, Ocean, San Francisco


County

San Francisco


Water Source

Separate Meter


Pool

No


Zoning

RM-1

Listing History

Date

Event

Price

4/10/2024

Price Change

$7,200,000

-4%

Listed by Clinton C Textor with Marcus & Millichap

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 5/22/2024.

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 8:10 PM UTC, 5/22/2024

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