1522 8th Avenue
$2,560,000
Built in 1981, the property is not subject to SF rent control. Interested buyers advised to consult with a real estate attorney regarding SF rent control. The property is currently fully occupied. The building is located on a very desirable street 2 blocks walking distance from the prestigious UCSF Medical Center. The subject property is two large tenant occupied 3x2 flats (1,400 sf each) with 2 car independent parking. There is a bonus unwarranted occupied 1x1 apartment (489 sf). San Francisco allows two-unit owner occupied buildings to bypass the condo conversion lottery and convert to condominiums following a 1 year owner-occupancy period. The building currently has income with the two flats & studio with low expenses. The backyard has tremendous garden potential. This is a fantastic location near UC Medical Center (Parnassus) & great dining at 9th & Irving with easy Golden Gate Park access.