In Contract


1519 Oak Street

Located in the vibrant Haight-Ashbury neighborhood, 1519 Oak Street presents an excellent multifamily investment opportunity. The property consists of 12 2bd/1ba apartments with parking for 10 cars. The apartments are spacious and receive great light. They feature an open floor plan and living area large enough to comfortably accommodate a dining table and home office. The units are separately metered for gas and electricity through a 400 amp main panel. The roof was replaced in 2017. The soft-story seismic retrofit was completed in 2018. A new owner can add significant value by remodeling units upon turnover to achieve a higher market rent. The building faces the Panhandle of Golden Gate Park, providing nice outlooks to green space and access to outdoor recreation. Both Upper Haight and Divisadero retail corridors are within walking distance, so tenants have lots of options for shopping, restaurants, and nightlife. Don’t miss out on this incredible value, priced at only $339 per square foot with tremendous upside potential.