400 28th Avenue, San Francisco
San Francisco Home For Sale
**Price reduced, now 5.94% cap, 11.4 GRM, $379/ft. Excellent value for 12 units.** 400 28th Avenue consists of 12 units and 11 car parking located at the corner of 28th Avenue and Clement in the Central Richmond. The property was seismically retrofitted (2014), has updated fire alarms (2024), and had the underground storage tank removed. The former boiler has been replaced with two 100-gallon hot water heaters and electric heaters. The apartments consist of six (6) 1-bedroom units and six (6) studio units. Two studios and two parking spots will be delivered vacant. $279,000 of annual income. 400 28th Avenue offers investors a clean, easy-to-manage asset in a great neighborhood with cash flow and upside.
Property Details
Essential Information
-
- MLS® #:
- 424022852
-
- Price:
- $3,195,000
-
- Bedrooms:
- 6
-
- Bathrooms:
- 0.00
-
- Square Footage:
- 8,436
-
- Acres:
- 0.07
-
- Year Built:
- 1925
-
- Type:
- Residential Income
-
- Sub-Type:
- Multi Family
-
- Status:
- Active
Community Information
-
- Address:
- 400 28th Avenue
-
- Area:
- SF District 1
-
- Subdivision:
- Central Richmond
-
- City:
- San Francisco
-
- County:
- San Francisco
-
- State:
- CA
-
- Zip Code:
- 94121
Amenities
-
- Parking Spaces:
- 11
-
- Parking:
- Garage
-
- # of Garages:
- 11
Interior
-
- Heating:
- Electric, Wall Furnace
-
- Stories:
- Four
Exterior
-
- Lot Description:
- Corner Lot
-
- Windows:
- Bay Window(s)
-
- Roof:
- Asphalt
-
- Foundation:
- Concrete
Additional Information
-
- Date Listed:
- April 10th, 2024
Price Change History for 400 28th Avenue, San Francisco, CA (MLS® #424022852)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $3,300,000) | $3,195,000 | $105,000 (3.18%) |
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