650-652 9th Avenue

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San Francisco , CA 94123

650-652 9th Avenue

 

List Price: $1,075,000

 
 

Description

   

The subject property is located at 650 9th Avenue between Balboa Street and Cabrillo Broderick Street in the Inner Richmond District of San Francisco. Lying directly north of Golden Gate Park, "The Inner Richmond" is bounded roughly by Fulton Street (South), Arguello Boulevard (East), The Presidio National Park and Lincoln Park (North), and Park Presidio Boulevard (West). The neighborhood is defined by its composition of mostly single-family homes, duplexes, and multi-family (<10 units) buildings and its proximity to Golden Gate Park. Within Golden Gate Park, the De Young Museum and the California Academy of Sciences are the closest most notable destinations. Outside of the park, grocer Safeway is located 2 blocks south east, Kaiser Permanente 2 blocks north, while Rossi Playground, the Koret Center, and USF are within a half mile west. Two major commercial districts are in the immediate area- Clement Street referred to by some as the "New Chinatown" and Geary Boulevard which is home to many commercial shops, offices, and restaurant and pub destinations. San Francisco Muni bus options are numerous with bus stops for the 5, 31, 31BX (downtown express), 38, 38L, 38BX (downtown express), and 44 within walking distance of the subject property. This location provides homeowners and tenants alike a variety of options in a very close proximity.

650 9th Avenue is a vacant duplex (non Ellis Acted) that sits on a 2,996 square foot lot. The two story 2,790 square foot structure has (2) 5-room, 1½ bath flats with garage parking. This turn of the century property was built with a wood-frame structure over a concrete foundation. At some point, a metal girder with vertical medal posts was installed down the middle of the garage, allowing for 3 tandem parking space on the right, and 1-2 tandem spaces on the left. The units are separately metered for gas and electric with circuit breakers. Individual hot water heaters reside in each unit's rear pouch room. While a gas wall heater services the upper unit, a 80,000 BRU forced air furnace with electrical ignitions delivers heat to the lower unit. The plumbing appears to be a mix of copper and galvanized plumbing. The main portion of the gable room is covered with composition shingles while the flat roof is finished with rolled roofing.

The unit interiors are wall to wall carpet throughout over hardwood flooring. The front living rooms are bright westerly facing rooms both with decorative fireplaces. The spacious floor plans are approximately 1,395 square feet, allowing for large rooms and ample closet spaces. The lone hallway splits bedrooms on the right and a split bathroom on the left. The bathrooms contain showers over tubs with ceramic tile surrounds, a sink with vanity, and vinyl flooring. Both rear dining rooms face east overlooking the back yard and also contain decorative fireplaces. The long kitchens are accessed from the dining room with a window style opening with countertop and stools designed for kitchen-dining room interactions. There is adequate cabinetry. The laminate countertops provide adequate prep space, while the double bowl sink, built in dishwasher and stove emphasize the spaciousness of the kitchen area. The kitchen flooring is vinyl.

This property offers Investors, TIC/Condo developers, and Owner Users a unique opportunity to acquire a non Ellis Acted vacant duplex, with parking and substantial add value opportunity, in a highly desirable location with quick condo conversion possibilities.

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