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  • MLS® #: 476248
  • 1626-28 Folsom Street
  • San Francisco, CA 94103
  • $2,900,000
  • 3005 SQ. Feet, 0.05 Acres
  • Multi-Family (2-4 Units)

Coming back on the market in 30 days. Updated duplex zoned residential & commercial to be delivered vacant. An upper 4 bedroom unit & a lower 2 bedroom unit + a commercial space, gives rare flexibility to have a home & office (office, retail, art, child care, cannabis & light manufacturing are allowed). The residential space can have up to 7 bedrooms and 3 bathrooms. There is a shared yard & a deck for the upper unit. Bright, tasteful units with in-unit laundry, new kitchens/baths and new appliances. Wiring for internet, cameras & a hot tub. 1-2 cars can fit in the garage & 1 outside. Strong SOMA rents are projected at $7,500 for the top, $5,500 for the lower & $3,000 for the commercial space ($192,000/year, 15.1 GRM, 5.2% cap rate). There is potential for a large roof deck with amazing views. Note that buildings with one residential unit are not subject to rent control. Duplexes can convert to condos after 1 year. A Target Store is planned at Folsom & Division streets.

Essential Information

  • MLS® #476248
  • Price$2,900,000
  • Square Footage3,005
  • Acres0.05
  • Year Built1906
  • TypeMulti-Family (2-4 Units)
  • StatusCanceled

Community Information

  • Address1626-28 Folsom Street
  • AreaSouth of Market
  • CitySan Francisco
  • CountySan Francisco
  • StateCA
  • Zip Code94103

Amenities

  • Parking Spaces2
  • ParkingGarage
  • # of Garages2
  • ViewCity Lights, San Francisco

Additional Information

  • Date ListedSeptember 17th, 2018
  • Days on Market137
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  • Agent: Shaban A. Shakoori
  • Office: Compass

Property Location

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Price Change History for 1626-28 Folsom Street, San Francisco, CA (MLS® #476248)

Date Details Price Change
Canceled
Act Cont-Show (from Active)

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