1516 Lombard Street San Francisco, California

$1,775,000
Property type: 1 - 4 Units
  • Year Built: 1924

1516 Lombard Street is a 4 Unit building located the Marina District. Constructed in 1924, the 3,800 sq/ft property consists of four spacious 1-bedroom units. The garage allows parking for two cars tandem plus storage. Behind the garage is a bonus room which has been rented as office/storage in the past. This bonus area will be delivered vacant at close of escrow along with unit #2 which is directly above. The roof was replaced in 2018. The building is separately metered for gas and electricity. Priced at $467/ft with over 100% upside in rents, 1516 Lombard Street presents an add-value opportunity in one of the most sought-after neighborhoods in San Francisco.

 

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