731-749 Polk Street
731-749 Polk Street
$5,850,000
—
33,958
33,958
$172
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.
- Listed by Sanford Skeie • DRE #00982336 • Marcus & Millichap
- Listed by Gino V Franco • DRE #02027839 • Marcus & Millichap
Property Details for 731-749 Polk Street
Cross Street
Ellis
Total Parking Spaces0
Location
LISTING UPDATED: 03/07/2024 09:33 AM
Property Details for 731-749 Polk Street
Status | Active |
---|---|
MLS # | 424003299 |
Days on Compass | 99 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1908 |
Lot Size | 0.21 AC / 9,300 SF |
County | San Francisco County |
Location
Building Information for 731-749 Polk Street
Stories-Residences62Year Built1908Building Size-Lot Size0.21 AC / 9,300 SF
Payment Calculator
$31,926 per month
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Property Information for 731-749 Polk Street
Property History for 731-749 Polk Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
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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.
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