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1626-28 Folsom Street

San Francisco, CA 94103

$2,800,000

  • 2 Units
  • Active
  • 3,696 SqFt
  • MLS# 486980

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Updated duplex zoned residential & commercial delivered vacant. An upper 3-5 bedroom unit & a lower 2 bedroom unit + a big commercial space, gives rare flexibility to have a home & office (office, retail, medical, art, child care, cannabis & light manufacturing allowed). There can be up to 7 bedrooms in one unit if desired. There is a shared yard & a deck for the upper unit. Bright, stylish units with in-unit laundry, new kitchens/baths & new appliances. Wiring for internet, cameras & hot tub. 1-2 cars can fit in garage & 1 outside. Strong SOMA rents projected at $7,500 upstairs, $5,500 downstairs & $3,000 for the commercial space ($192,000/year, 14.5 GRM, 5.4% cap rate). Potential for a big roof deck with views. Buildings with one residential unit are not subject to rent control. Duplexes convert to condos in 1 year. Target, CVS, & Starbucks stores opening in the Fall at 1690 Folsom. Dispensary at 12th & Howard is closing soon. 1 block to the Mission District, 3 blocks to Hayes Valley

Location

Cross Street:

12th Street

City:

San Francisco

County:

San Francisco

Interior Features

Exterior Features

Additional Details

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About South of Market

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At-a-Glance

A little over two decades ago, the area south of Market Street in San Francisco was a no-man’s land of warehouses, abandoned buildings — and, from a visionary’s perspective — plenty of untapped opportunities.

Today, SOMA has been completely re-imagined and bears little resemblance to its former self. Here, sleek luxury condominiums to rival those in Manhattan stand cheek to cheek with towering high rises, while in their shadow stands a stadium, world-class museums and convention centers, trendy bars and restaurants, and the thriving, innovative tech community that started it all.

In a Word

Eclectic

Living Here

The epicenter of urban living in San Francisco, SOMA offers easy access to the Financial District and every county in the Bay Area via CalTrain, Muni, Golden Gate Transit, and BART.

But one of the best things about living in SOMA is, you don’t have to go far to find what you want:

Good-to-Know

While it may be known primarily for its warehouses, nightclubs, and art spaces, SOMA also offers some of the best hotels, restaurants, and cultural attractions that the City has to offer.

Why SOMA?

SOMA offers a rich and complex mix of people, experiences, and possibilities. What draws neighbors here?

Energy.

After all, there are many changes taking place in SOMA right now (new stores, buildings and restaurants are going up every day), and the excitement is palpable.

More About South of Market

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Listing Agent:

Shaban Shakoori

Listing Brokerage:

Compass

© 2019 San Francisco Association of Realtors. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

This data is up-to-date as of 08/18/19. For the most current information, contact
McGuire Client Care at 800-473-7858 or clientcare@mcguire.com.

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