Active
2501 Van Ness Avenue San Francisco, CA 94109
$3,950,000
beds
0 baths
9,741 sq ft

Courtesy of Adam D. Filly, Compass.

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John L. Woodruff III

John L. Woodruff III

Founder and Realtor®

DRE# 00952491

Property Description

2501 Van Ness is a corner mixed-use property in Cow Hollow. This asset consists of 4 commercial tenants, 13 SRO, and 1 two-level apartment. The SRO are operated by a master lessee who also occupies the two-level apartment. The master lease is month-to-month at a rent that is significantly below market rate and provides for excellent upside potential. There are 13 SRO’s split between two levels. At street-level are four retail units with stable tenants who are all month-to-month. The largest of these spaces is a convenience store along Van Ness Avenue. Tenants currently pay all utilities, except for a common area PG&E account that only costs about $800/year, keeping operating expenses to a minimum. This is a unique opportunity with tremendous upside potential in an excellent Cow Hollow location.

Property Details & Features

Property Type

  • Residential Income

Year Built

  • 1906

Listing

  • Source: San Francisco

Location

  • Area: SF District 7
  • County: San Francisco

House

  • 9,741 square feet
  • Built in 1906
  • 18 units

Property

  • Property subtype 1: 5 or More Units
  • Zoning: RC-3

Lot

  • 3,693 square feet

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