731-749 Polk Street

San Francisco, CA 94109

$5,850,000
Price
Beds
33,958 Sq. Ft.
$172 / Sq. Ft.
33,958
Sq. Ft.
$172
per Sq. Ft.

Description

The Columbia Apartments, 731-749 Polk Street, is a 62-unit mixed-use building located in the Van Ness/Civic Center district of San Francisco. The property, at the corner of Polk and Ellis Streets, is a short walking distance to many Civic Center attractions such as City Hall, the Opera House, and Davies Symphony Hall. Transportation options are excellent with BART and Muni Metro stations blocks away in addition to multiple Muni bus line services. This four-story corner, 33,958 square foot building...The Columbia Apartments, 731-749 Polk Street, is a 62-unit mixed-use building located in the Van Ness/Civic Center district of San Francisco. The property, at the corner of Polk and Ellis Streets, is a short walking distance to many Civic Center attractions such as City Hall, the Opera House, and Davies Symphony Hall. Transportation options are excellent with BART and Muni Metro stations blocks away in addition to multiple Muni bus line services. This four-story corner, 33,958 square foot building was built in 1908 and is tilt-up (pre-cast construction) per city records. The parcel number is 0739- 001 and the zoning in NC3. The steam heat is provided by a new boiler (2023) and there is an elevator. The attractive lobby area includes new mailboxes, security cameras and front gate. In addition, there are four, coin-operated washer/dryers. The unit mix consists of 31 studios, 8 one-bedrooms, 1 two-bedroom units plus 14 single room units. In addition, there are 8 retail units consisting of shops such as a bakery, barber, and grocery store. The Columbia Apartments represents an opportunity to acquire a stabilized asset at a 9.06% cap rate, 5.87 GRM, $94,355/unit and $172/square foot with considerable rental upside.
  1. Listed by Sanford Skeie • DRE #00982336 • Marcus & Millichap
  2. Listed by Gino V Franco • DRE #02027839 • Marcus & Millichap

Property Details for 731-749 Polk Street

Cross Street
Ellis
Total Parking Spaces
0

Location

Listing Courtesy of Marcus & Millichap, Sanford Skeie, DRE #00982336; Marcus & Millichap, Gino V Franco, DRE #02027839
Add your commute
LISTING UPDATED: 03/07/2024 09:33 AM

Property Details for 731-749 Polk Street

StatusActive
MLS #424003299
Days on Compass99
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1908
Lot Size0.21 AC / 9,300 SF
CountySan Francisco County

Location

Listing Courtesy of Marcus & Millichap, Sanford Skeie, DRE #00982336; Marcus & Millichap, Gino V Franco, DRE #02027839
Add your commute

Building Information for 731-749 Polk Street

Stories-Residences62Year Built1908Building Size-Lot Size0.21 AC / 9,300 SF

Payment Calculator

$31,926 per month

30 year fixed, 7.25% Interest

Principal and Interest

$31,926

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 731-749 Polk Street

Summary
Location and General Information
  • Area/District: SF District 8
  • Area Short Display: 8
  • Subdistrict: Van Ness/Civic Cente
  • Location Description: SF District 8, Van Ness/Civic Cente, SF District 8 Van Ness/Civic Cente
Taxes and HOA Information
  • APN: 0739-001
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: None
Property and Assessments
  • Picture Count: 18
  • 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): 0
  • # Of Buildings: 0
  • Stories: 0
Interior Features
  • Full Bathrooms: 0
  • # of Rooms: 102
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 7
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
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: 5.87
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 8
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 45
  • # of Units: 62
  • # Of Units Total: 62
  • # Of Units Vacant: 2
  • # Of Units Leased: 60
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
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: 0
  • Studio Annual Occupancy: .00%

Property History for 731-749 Polk Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 731-749 Polk Street

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

Francisco Middle School
Public6 to 8

Gateway High School
Charter9 to 12

Carmichael (Bessie)/Fec
PublicK to 8

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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731-749 Polk Street is a multi-family home for sale in San Francisco, CA 94109. This property was listed for sale on January 18, 2024 by Marcus & Millichap, it's currently listed at $5,850,000. This listing's school district is San Francisco Unified School District. Nearby schools include Tenderloin Community, Francisco Middle School and Gateway High School. 731-749 Polk Street is a 0-bed, 0-bath, 33,958 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 Marcus & Millichap, Sanford Skeie, DRE #00982336; Marcus & Millichap, Gino V Franco, DRE #02027839

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.