1501 Taraval Street

1501 Taraval Street, San Francisco, CA 94116

Overview

Price:Call For More Information
Number of Units:4
Building Size:5,414 SF
Property Type:Multifamily
Total Lot Size:3,250 SF
Year Built:1925
NOI:$97,872

Highlights

  • One (1) 2 Bed/2 Bath Unit and One (1) 2 Bed/1 Bath Unit, Each w/ Double Parlor Living Rooms + Two (2) Retail Spaces
  • Prominent Corner Location
  • Recent Renovations to 2 Bed/2 Bath Unit, Can Be Delivered Vacant
  • 2 Garage Spaces

Description

1501 Taraval Street is a four (4) unit mixed-use property. It is located on the corner of Taraval Street and 25th Avenue in San Francisco’s Parkside neighborhood within the Sunset District. The property is on an excellent location along Parkside’s only retail corridor. There is an L-Taraval Muni Metro stop conveniently located a block away from the property.

The ground floor of the property features a coin-op laundromat on the corner of the property and a skin care retailer on 25th Avenue. The second floor of the property contains one (1) 2-bedroom/1-bathroom unit and one (1) 2-bedroom/2 bathroom unit. Both units have spacious double parlor living rooms. The 2-bedroom/2-bathroom unit was recently remodeled with $100,000 in capital improvements and can be delivered vacant upon close of escrow. A two car garage is located next to the retail space on 25th Avenue.

Location

The dynamic Parkside District combines convenience with calm in a location known for its strong sense of community. Residents of Parkside often come together for events, including movie nights in McCoppin Square and the annual Stern Grove music festival in Stern Grove Park.

Beginning in the 70s, there was a significant migration of Asian families into Parkside. Today, this ethnic majority is reflected in the retail tenancy on Taraval Street, its retail main street, where Asian operated restaurants and retailers make up the majority of the storefronts.

The neighborhood consists of low density residences bisected by Taraval Street, a prominent mixed-use/retail corridor. It is also positioned between two of San Francisco’s most notable parks, Golden Gate Park and Stern Grove Park. Ocean Beach, a popular seaside destination for locals of Parkside, is a short walk to the west. To the southwest is Lake Merced, which features world-class golf courses in TPC Harding and the Olympic Club, and top rated educational institutions San Francisco State and Lowell High School.

Contact Broker

Brian Leung
Principal
LL CRE

Office415.278.7838

Jeremy Lee
Principal
LL CRE

Office415.988.9719

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