309 Potrero Avenue

San Francisco, CA 94103

$3,750,000
Price
Beds
8,381 Sq. Ft.
$447 / Sq. Ft.
8,381
Sq. Ft.
$447
per Sq. Ft.

Property Details for 309 Potrero Avenue

StatusActive
MLS #489525
Year Built1906
DOM98
Compass TypeMixed Use
MLS Type5+ Units / 5 - 15 Units
Lot Size0.10 AC / 4,242 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountySan Francisco County

Listing Agent

Adam Filly

Compass

adam.filly@compass.com

P: 415.516.9843

DRE #01354775

Contact Agent(s)

Property Details for 309 Potrero Avenue

Subdistrict
Potrero Hill
Street Number
309.0
Street Number Modifier
315
Street Name
Potrero
Street Suffix
Avenue
State
CA
Listing Number
489525.0
Listing Number Display
489525

Description

Reduced Price! Now offered at 12.6 GRM and 5.9% Cap Rate. This 5-Unit mixed-use property is on the western end of Potrero Hill. The building consists of two large remodeled 4bd flats, two storefront retail, and a large basement office space. The building underwent significant structural and system upgrades in 2013, including but not limited to; a new foundation, new roof, new electrical and new plumbing. The two apartments are large with quality finishes, in-unit laundry, and outdoor spaces with... views. The 4bd/3ba unit will be delivered vacant. The two storefront retail spaces are occupied by art galleries with leases expiring in July 2024. The large basement office space is leased through 2022. This is a turn-key asset that allows an investor to realize an immediate return on their investment with upside potential remaining. It would also make a great owner-user opportunity with an excellent income stream. Close to Mission, Potrero Hill, Mission Bay, and SOMA.

Location

Listing Courtesy of Compass, Adam Filly, DRE #01354775; Compass SF, Shannon Cronan, DRE #01949759

Listing Agents

  1. Adam Filly

    Listing Agent

    Compass

    DRE #01354775

    adam.filly@compass.com

    P: 415.516.9843

  2. Shannon Cronan

    Alternative Listing Agent

    Compass

    DRE #01949759

Building Information for 309 Potrero Avenue

Stories-Residences5Year Built1906Building Size-Lot Size0.10 AC / 4,242 SF

Payment Calculator

$13,488 per month

30 year fixed, 3.51% Interest

Principal and Interest

$13,488

Property Taxes

HOA Dues

$0

Similar Homes

Property Information for 309 Potrero Avenue

Features
    Interior Features
  • Floor Type: Hardwood
Property Details
    Property Details
  • Zip Code: 94103
  • Year Built: 1906
  • Square Footage: 8,381.00
  • Lot Price Per Square Foot: 883.86
  • Square Footage Source: Per Owner
  • Num Of Units: 5
Lot / Property Details
    Location Information
  • City: San Francisco
  • County: San Francisco
  • Cross Street Address: 16th Street
  • District: SF District 9
    Lot Information
  • Blk Lt APN: 3961-020
  • Foundation: Concrete Perimeter
  • Lot Measurement: SqFt
  • Lot Square Footage: 4242
  • Price Per Acre: $38,501,027
Multi Family Information
    Building Details
  • Num of Commercial Units: 3
  • Num of Indep Pkg Spaces: 0
  • Num Of 1 Bedroom Units: 0
  • Num Of 2 Bedroom Units: 0
  • Num Of 3 Bedrm Units: 2
  • Num Of Furnished Units: 0
  • Num Of Rooms: 17
  • Num Of Stories: 0
  • Num Of Studio Units: 0
  • Num of Owner Occupied: 0
  • Num of Tandem Pkg Spaces: 0
  • Num of Vacant: 1
  • RATIO Current Price By SQFT: $447
    Income / Expense Details
  • Est Gross Income: $297,748
  • Est Total Expenses: $72,276
  • Income Expenses Src: Owner
  • Actual or Scheduled: Scheduled
Listing Info
    Listing Info
  • Days On Market: 77
  • Unconfirmed Coop Fee: $0
    Rental Info
  • Lease Type: Net

Property History for 309 Potrero Avenue

DateEvent & SourcePriceAppreciation
Nov 22, 2019Expired

SFAR #489525

$3,750,000
Sep 6, 2019Listed (Active)

SFAR #489525

$3,995,000
Jul 9, 2014Withdrawn

SFAR #422657

DateEvent & SourcePrice
11/22/2019
Expired

SFAR #489525

$3,750,000
09/06/2019
Listed (Active)

SFAR #489525

$3,995,000
07/09/2014
Withdrawn

SFAR #422657

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

Schools near 309 Potrero Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Downtown High SchoolPublic9-120.3 mi
NR
S.F. International High SchoolPublic9-120.4 mi
2
Live Oak SchoolPrivateK-80.5 mi
NR
St. Charles Elementary SchoolPrivateK-80.5 mi
NR

Downtown High School

9-12, 0.3 mi, Public

NR

S.F. International High School

9-12, 0.4 mi, Public

2

Live Oak School

K-8, 0.5 mi, Private

NR

St. Charles Elementary School

K-8, 0.5 mi, Private

NR

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.

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309 Potrero Avenue is a mixed use property for sale in San Francisco, CA 94103. This property was listed for sale on September 6, 2019 by Compass at $3,750,000. Nearby schools include Denman (James) Middle School, Downtown High School and Creative Arts Charter School. 309 Potrero Avenue is a 0-bed, 0-bath, 8,381 sqft mixed use property built in 1906.

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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Compass, Adam Filly, DRE #01354775; Compass SF, Shannon Cronan, DRE #01949759
Based on information from the San Francisco Association of Realtors as of 09/06/2019 07:00 AM, the MLSListings MLS as of 09/06/2019 07:00 AM, or the BAREIS MLS as of 09/06/2019 07:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/23/2019 03:46 PM