Huge Price Adjustment in Lower Pacific Heights Multi Unit

Huge Price Adjustment in Lower Pacific Heights Multi Unit

HUGE PRICE ADJUSTMENT $2,495,000 for 1414-1416 Lyon Street

This is an incredible investment opportunity for investors and/or owner users now with a 10% price adjustment!

Lower Pacific Heights Remodeled Two unit building with Basement Artist Studio/ADU (Do I hear Legal 3rd unit?)  Has something to offer all buyers. 1414 Lyon is a remodeled upper unit with 3 bedrooms, split bath, open kitchen living dining space with french doors to city view deck. 1416 Lyon is the middle unit, remodeled and similar in layout to the upper. This unit is tenant occupied at market-rate rent. 1418 Lyon is an Artist Studio/ADU on the garden level,. This space is divided into the front and rear. The rear area has a living room, kitchen, bath, and a sleeping alcove with french doors to the patio and tranquil garden. The front space has a huge Work Studio/Gallery perfect for working artists or small businesses. The Building has a newer foundation and seismic upgrades, all units have washers, dryers, central heat, wood floors, and double pane windows. For Investors the numbers are amazing with a 15 GRM and 6% CAP rate. Walk to Trader Joe’s, Target, The Presidio, Fillmore District, Laurel Village, NOPA, Kaiser Permanente and UCSF-Mount Zion. Downtown transportation options via Muni-38 and 38R line and a 95 Walk Score. For showing, text LYON to 617-429-3000.

FEATURES:

  • Remodeled 2 Unit Building w/Additional ADU
  • Top Floor unit, 3 Bed, 1 Bath, Vacant.
  • ADU Garden Unit is 1 Bedroom, 974 sqft, Vacant
  • Tenant Occupied Unit 3 Bed 1.5 Bath Rents For $5,432 Per Month
  • Newer Foundation / Seismicly Upgraded
  • Laundry In All 3 Units
  • Remodeled Kitchens and Bathrooms.
  • Newer Double Pane Windows
  • All 3 Units Have French Doors to Deck
  • Top Floor Has Some City Views
  • Oversized Lot With a Sizable Backyard
  • Dishwashers, Microwave Hoods, Gas Ranges and Stainless Steel Refrigerators In All 3 Units
  • Central Heat In All Units
  • Walk to Trader Joe’s, Target, The Presidio, Fillmore District, Laurel Village, NOPA
  • Walk to Kaiser Permanente and UCSF-Mount Zion
  • Downtown Transportation Options via Muni-38 and 38R Line
  • Recently Repainted

 


Recent Blog Posts

Stay up to date on the latest real estate trends.

Homeowners Name the Top Reasons Owning a Home is Important to Them

Countless people have set out on the exciting journey of homeownership. Ask around and you’ll find the vast majority are thankful they took the leap and bought a home.… Read more

San Francisco Market Update - November 2023

The median single-family home price rose 14% over the past three months. Condo prices have trended horizontally throughout 2023. Minor price changes are typical in the… Read more

East Bay Market Update - November 2023

The median single-family home and condo prices declined in the East Bay month over month. Year over year, prices in Alameda increased 2% for single-family homes and 1%… Read more

The Latest 2024 Housing Market Forecast

Looking forward, experts project home prices will continue to rise next year, but not quite as much as they did this year. Even though the expected rise in 2024 isn't … Read more

How VA Loans Can Help Make Homeownership Dreams Come True

For more than 79 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes. If you or someone you care about has served in the milit… Read more

Thinking About Using Your 401(k) To Buy a Home?

Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You're not alone. Some people think about tapping into their 401(k) sa… Read more

What Are Accessory Dwelling Units and How Can They Benefit You?

ADUs allow loved ones to live together while having separate spaces. That means you can enjoy each other’s company and help each other out with things like childcare, … Read more

San Francisco Market Update - October 2023

Overall, median prices have trended horizontally over the past 12 months. Considering the rapidly rising interest rates, homes have maintained their value well. Active… Read more

East Bay Market Update - October 2023

Year over year, single-family home and condo prices were up across the East Bay. Contra Costa condo prices rose most significantly, up 18% since last September. We exp… Read more

Let’s Talk

You’ve got questions and we can’t wait to answer them.