246 Bemis Street

San Francisco, CA 94131

$1,899,000
Price
4
Beds
2
Baths
2,560 Sq. Ft.
$742 / Sq. Ft.
2,560
Sq. Ft.
$742
per Sq. Ft.

Description

Dreaming of owning a Glen Park investment property? Look no further than 246 Bemis Street, a 3-unit residential income property, is a prime investment opportunity in Glen Park, a coveted A+ neighborhood near the Village. This unique property includes a 2-unit building in the front and a standalone cottage at the rear. Building Summary: Unit 246: 2BR/1BA with car pad parking. Unit 246A: 1BR/1BA with city and bay views - now vacant for owner occupier or to pick your own tenant. Unit 246B: 1BR/1BA open-plan...Dreaming of owning a Glen Park investment property? Look no further than 246 Bemis Street, a 3-unit residential income property, is a prime investment opportunity in Glen Park, a coveted A+ neighborhood near the Village. This unique property includes a 2-unit building in the front and a standalone cottage at the rear. Building Summary: Unit 246: 2BR/1BA with car pad parking. Unit 246A: 1BR/1BA with city and bay views - now vacant for owner occupier or to pick your own tenant. Unit 246B: 1BR/1BA open-plan cottage. All units feature hardwood floors, contemporary appliances, and dedicated laundry services. Each is separately metered for gas and electricity (PG&E). Additional Features: 1-car garage with storage, potential for an ADU conversion. Garage is seller controlled and used for storage. Full feasibility report available for building expansion. Opportunity to purchase with the adjacent lot at 256 Bemis Street. Currently 2/3 tenant-occupied with great rents. Within walking distance to Glen Park's amenities, BART, and easy access to I-280/101. This property offers income potential and room for expansion, making it an attractive investment. Can be shown by private appointment with listing agent.
  1. Listed by Marcus Miller • DRE #01327948 • Brokerage DRE #02014153 • Helm Real Estate

Property Details for 246 Bemis Street

Directions to Property
From Chenery turn West onto Castro Street, take a right on Bemis property is on the left.
Parking Features
Attached, Garage, Guest Spaces
View Description
Bay, Hills, Mt Diablo
Cross Street
Castro Street
Total Parking Spaces
1

Location

Listing Courtesy of Helm Real Estate, Marcus Miller, DRE #01327948
Add your commute
LISTING UPDATED: 04/15/2024 11:35 AM

Property Details for 246 Bemis Street

StatusActive
MLS #423752845
Days on Compass280
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1908
Lot Size0.06 AC / 2,696 SF
CountySan Francisco County

Location

Listing Courtesy of Helm Real Estate, Marcus Miller, DRE #01327948
Add your commute

Building Information for 246 Bemis Street

Stories-Residences3Year Built1908Building Size-Lot Size0.06 AC / 2,696 SF

Payment Calculator

$12,409 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,364

Property Taxes

$2,045

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 246 Bemis Street

Summary
Location and General Information
  • Area/District: SF District 5
  • Area Short Display: 5
  • Subdistrict: Glen Park
  • Topography: Upslope
  • Location Description: SF District 5, Glen Park, SF District 5 Glen Park
Taxes and HOA Information
  • APN: 7548-007
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 1
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 1.0
  • Parking: Attached, Garage, Guest Space(s)
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Garden, Landscape Front
Property and Assessments
  • Possession: Subject To Tenant Right
  • Picture Count: 45
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 2
  • # Of Buildings: 2
  • Stories: 0
  • Levels: One, Three
Interior Features
  • Full Bathrooms: 0
  • # of Rooms: 10
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 2
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 1
2 Bedroom Unit
  • # of 2 Bedroom Units: 1
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 1
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 16.03
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 3
  • # Of Units Total: 3
  • # Of Units Vacant: 1
  • # Of Units Leased: 2
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: 246 is a 2BR/1BA w/1 car parking pad unit.
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Estoppel
  • Unit 1 Rent: $3,325.00
  • Unit 1 Approx SqFt: 1000.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Description: 246A is a 1BR/1BA unit w/street parking
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Vacant
  • Unit 2 Rent Source: Owner
  • Unit 2 Rent: $3,195.00
  • Unit 2 Approx SqFt: 750.0
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Description: 246B is a open floor plan 1BR/1BA independent back cottage.
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Estoppel
  • Unit 3 Rent: $3,350.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 3
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 2
  • Studio Annual Occupancy: .00%

Property History for 246 Bemis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 246 Bemis Street

Taxable ValueLand$1,412,782Additions$605,478Total$2,018,260
Tax Record2023$24,535 ($2,045 / month)
Home Facts
Total Finished SqFt2,560 SqFtAbove Grade Finished SqFt2,560 SqFtStories2Lot Size2,696 SqFtStyleTriplexYear Built1908ZoningRH1CountySAN FRANCISCOAPN7548 -007

Schools near 246 Bemis Street

This home is within San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Glen Park Elementary School
PublicK to 5

Lick (James) Middle School
Public6 to 8

Marshall (Thurgood) High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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246 Bemis Street is a multi-family home for sale in San Francisco, CA 94131. This property was listed for sale on July 7, 2023 by Helm Real Estate, it's currently listed at $1,899,000. It has been on the market for a total of 280 days and was last sold on August 11, 2019. This listing's school district is San Francisco Unified School District. Nearby schools include Glen Park Elementary School, Lick (James) Middle School and Burton (Phillip And Sala) Academic High School. 246 Bemis Street is a 4-bed, 2-bath, 2,560 sqft multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Helm Real Estate, Marcus Miller, DRE #01327948

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.