PROPERTY DESCRIPTION

519 24th Avenue | Central Richmond

Pride of Ownership
5-Unit Multifamily Investment Opportunity
519 24th Avenue
Click to View OFFERING MEMORANDUM
Offering Details:
  • Address: 519 24th Avenue
  • Price: $2,295,000
  • Size: +/- 3,750 Sq.Ft.
Executive Summary:

As exclusive agents, Urban Group Real Estate is pleased to present 519 24th Ave, San Francisco, CA building for sale. This spacious 5-Unit multifamily building, approximately 3,750 square feet, is centrally located in San Francisco’s vibrant Central Richmond neighborhood. The building is impeccably maintained and possesses many of the fine quality finishes from its era of construction.

Comprised of five units, 4 1-bedrooms and 1 Studio. Two 1-bedrooms (#2 & #4) and Studio (#5) are delivered vacant. All units have great natural light, tall ceilings, appliances, and easy access to sunny rear yard. Building had new roof installed in 2012 and a full seismic retrofit in 2017.

With an unbeatable rental location boasting a walk score of 98, 519 24th Ave is surrounded by cafes, restaurants, markets, shopping and just a short walk to Golden Gate Park. This central location offers easy access to MUNI for easy downtown access plus convenient access to HWY 1. 519 24th Ave presents the savvy investor with a fantastic opportunity to purchase an easy to manage multifamily asset in a superb neighborhood location with potential upside on rent.

  • Ideal Central Richmond Location
  • Full Seismic Retrofit in 2017
  • Meticulously Maintained
  • Excellent Condition
Neighborhood:

Running along the entire northern edge of Golden Gate Park, from the Panhandle to the Pacific, The Richmond Districts are vast San Francisco neighborhoods encompassing many types of homes, commercial areas, and attractions. One thing that remains the same throughout the cool fogs that blow in off the Pacific and the smell of eucalyptus emanating from the park.

This neighborhood is wonderfully diverse, with many second and third-generation families from Asia and Europe. It’s not rare to see a Korean business next door to a Russian one, across the street from an Irish pub. Clement Street in particular is becoming increasingly popular with the hipster crowd, with its vibrant mix of pubs, karaoke bars, and ethnic dining.

BRANDON REIM
office: 415.863.1775
direct: 415.638.0803
email: brandon@urbangroupsf.com
DRE 02058862