138 Lower Terrace, San Francisco, CA 94114 (MLS # 424027778)
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Are you in search of an exceptional investment opportunity or considering a 1031 Exchange? Look no further than 138-140 Lower Terrace. This property underwent a substantial renovation and expansion in 2016, enhancing its appeal and functionality. The lower flat, 138, boasts 4 bedrooms and 3 bathrooms spread across two levels, offering exclusive access to a charming garden and garage. Meanwhile, the upper unit, spanning a single level, features 4 bedrooms and 2.5 bathrooms. Notably, residents of the upper unit enjoy exclusive use of a stunning rooftop deck boasting breathtaking bay views. Currently, the upper unit commands a rental income of $6,500 while the lower unit is leased for $7,600, totaling a monthly rent of $14,100 and yielding an attractive cap rate of 5.3%. Both units are equipped with radiant heat in the bathrooms and showcase elegant marble floors complemented by light wood flooring throughout.
| DAYS ON MARKET | 14 | LAST UPDATED | 5/15/2024 |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | SF District 5 |
| GARAGE SPACES | 2.0 | COUNTY | San Francisco |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to May 15, '24 | $3,195,000 |
|---|---|
| May 15, '24 - Today | $2,995,000 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dishwasher, Disposal, Free-Standing Refrigerator |
|---|---|
| AREA | SF District 5 |
| BASEMENT | None |
| CONSTRUCTION | Stucco |
| EXTERIOR | Garden |
| GARAGE | Yes |
| HEAT | Baseboard, Radiant |
| INTERIOR | Low Flow Plumbing Fixtures |
| LOT | 2496 sq ft |
| LOT DESCRIPTION | Garden, Landscaped |
| PARKING | Garage, Garage Door Opener |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Contemporary |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, City Lights, Water |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Duncan C Wheeler, Sotheby's International Realty
Listing information deemed reliable but not guaranteed
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted.
This IDX solution is (c) Diverse Solutions 2024.