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Listed by Adam D Filly Compass Commercial
$ 5,900,000
Est. payment | /mo
11 Beds
9,174 SqFt
$ 5,900,000
Est. payment | /mo
11 Beds
9,174 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 9,174 sqft
Price per Sqft $643
MLS Listing ID 426129167
Bedrooms 11
HOA Y/N No
Year Built 1923
Lot Size 4,451 Sqft
Acres 0.1022
Property Sub-Type Multi Family
Property Description
2230 Steiner Street is a 12-unit Edwardian in the heart of Pacific Heights. It is a half block from Alta Plaza Park and around the corner from Fillmore Street's dining, nightlife, and retail. The unit mix is 11 one-bedrooms and 1 studio, plus two individual garages. Apartments feature hardwood floors, high ceilings, period detail, and abundant natural light. They have been maintained nicely, but with modest upgrades that position the building for strong rent growth with minimal capital investment. The building is in excellent physical condition: soft-story retrofit and sleep alarm ordinances are complete, the roof was replaced in 2024, and 80 windows were replaced in 2011. The building has 200-amp electrical service with newer circuit breakers. Units are separately metered for gas and electricity, and electric heat is tenant-paid, keeping operating expenses low. This is a rare opportunity to acquire a generational asset in one of San Francisco's most desirable rental locations, with 35% upside to market rents.
Location
State CA
County San Francisco
Area Sf District 7
Interior
Fireplace No
Exterior
Total Parking Spaces 2
Building
Lot Description None
New Construction No
Others
Tax ID 0630023
