ML#:426117114 566-568 Mississippi St, San Francisco, CA 94107 $2,000,000
Cross Street: 20th Area/District: SF District 9 Subdistrict: Potrero Hill
Closed
UNITS 2
PARKING 2
SQ FEET 2384
LOT SIZE 2500
YEAR BUILT 1988
DOM/CDOM 50/50
(37)

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Potrero Hill Duplex with Double Upside! This well-maintained 1987-built building is far more than meets the eye: two solid tenant-occupied units PLUS the opportunity to build out an enormous bonus space below for a 3rd and potentially 4th unit! Perched on a Potrero slope, the property delivers two generous 2BR/2BA units with good rents and a clean operating history. Updated plumbing and electrical throughout means you're buying a building that's been cared for, not deferred. The seller will deliver an approved set of plans for a studio apartment - ready to reactivate the permits! This is a rare head start on ADU development in a city where entitlements are everything. For an owner-occupant buyer, this is a compelling path: build out the studio, move in, and let the two upper units cover the mortgage. And below that, a spacious garden-level room awaits your architect and imagination: a second ADU, a home office, creative studio,flex space, or perhaps expand the existing plans into this space. The bones and the square footage are there - you bring the vision. Each unit is bright and east-facing, with a thoughtful layout. The primary bedroom features an en-suite bathroom, while the hallway bathroom connects to the second bedroom. The sunny backyard and deck adds charm to an investment property and awaits your green thumb. This prime location delivers on every front. The cafes, restaurants, and groceries of 20th Street & the 18th St corridor are just a short walk away - plus Ikon Coffee is on the corner! A short stroll to Dogpatch, Caltrain and the Muni T-line. Quick access to the 101 and 280. Wow! Whether you're an investor seeking stable cash flow with a clear value-add path, or an owner-occupant ready to build your own unit and let the rental income do the heavy lifting, this property offers a rare combination of income today and upside tomorrow. Don't miss!

Cross Street: 20th
Subdistrict Name: E # of Units: 2
Assoc Fee/Freq:
LISTING AGENT & OFFICE INFORMATION
Listing Agent: Lisa Zahner(ID:813762), Phone:415-948-5747, Lic:02018164, lisa@cityrealestatesf.com
Listing Office: City Real Estate(ID:CITYRE), Phone:415-325-2295, Office Lic.:02014153
Listing Co-Agent: Ron Abta(ID:803878), Phone:415-595-7661, Lic:01090426, ron@cityrealestatesf.com
Listing Co-Office: City Real Estate(ID:CITYRE), Phone:415-325-2295, Office Lic.:02014153
UNIT INFORMATION
# Of Buildings: 1 Units Furnished: None
# Of Units Leased: 2 Elevation Units: Feet
# Of Un Mnth to Mnth: 2 # Of Furnished Units: 0
# Of Units Total: 2 Total # Owner Occ: 0
# Of Units Vacant: 0 # of 1 Bdrms Occ: 0
# of 1 Bedroom Units: 0 # of 2 Bdrms Occ: 2
# of 2 Bedroom Units: 2 # of 3 Bdrms Occ: 0
# of 3 Bedroom Units: 0 # of 4 Bdrms Occ: 0
# of 4 Bedroom Units: 0 # Studios Occ: 0
# of Studio Units: 0 Studio Annual Occ: 0%
# Commercial Units: 0
# of Floors: 3
Unit 1 Unit 2 Unit 3 Unit 4
Bedrooms: 2 2 0 0
Full Baths: 2 2 0 0
Partial Baths: 0 0 0 0
Rent: $4,499 $3,660 $0 $0
Approx SqFt: 1,020 1,020 0 0
# of Rooms: 4 4 0 0
UNIT INCOME & EXPENSES
Net Operating Inc: $72,314 Gross Scheduled Inc: $97,908
Total Deposit: $0 Gross Rent Multiplier: 20.43
Lease Term: Month To Month Monthly Income: $0
Monthly Expenses: $0 Operating Expense: $25,594
Actual or Scheduled: Actual Total # Leasable: 0
Utilities Expense: $0
Tax Annual Amount: $25,594
Tenant Pays: Electricity,Gas
Separate Meters: Electricity,Gas
Lease Deposit: $0
PROPERTY INFORMATION
Subtype Description: Apartments Approx SqFt: 2384
Lot Size Source: Assessor Auto-Fill # of Rooms: 10
SqFt Source: Assessor Auto-Fill Lot Acres (approx): 0.0574
Lot Sq Ft (approx): 2500 Year Built Source: Assessor Auto-Fill
Year Built: 1988 Levels: Multi/Split
Special List Cond: None Property Condition: Updated/Remodeled
PROPERTY LOCATION
County: San Francisco
APN: 4102012
Area/District: 9
Sub District: E
INTERIOR INFORMATION
Appliances: Dishwasher,Free Standing Gas Oven,Free Standing Refrigerator,Microwave
Flooring: Carpet,Tile,Varies by Unit,Wood
Heating: Gas
Laundry Features: In Common Area,Washer/Dryer Owned
CONSTRUCTION INFORMATION
Window Features: Dual Pane Full
Water Source: Public
Sewer: Public Sewer
Security Features: Carbon Mon Detector,Smoke Detector
LOT & OUTDOOR INFORMATION
Lot Features: Garden
View Description: Bay
PARKING INFORMATION
Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Garage,Garage Door Opener
ASSOCIATION INFORMATION
Association: No
FINANCIAL INFORMATION
City Trans Tax Rate: 0.00
County Trs Tax Rate: 0.00
Possession: Close Of Escrow
OTHER LISTING INFORMATION
Show to VOW: True
Show Addr on VOW: 1
Listing Service: Full Service


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