2960 Polk Street, San Francisco

San Francisco Home For Sale

2960 Polk Street represents a rare buying opportunity in the highly desirable Russian Hill. This property consists of 12 condominiums with separate APN numbers for each unit. These spacious four-room units are used as Two-Bedrooms. Many of the condos have been remodeled in the recent past, and some have Bay and GG Bridge views. There are 10 garage spaces. Each condo is separately metered for gas and electricity. The soft-story retrofit was completed in 2017. In 2024 a new fire alarm panel and sleep alarms were installed, bringing the property into compliance with the new ordinance. The property has an elevator, however, it was decommissioned in 2023 and is not currently in service. Currently operating as an apartment building, the property produces a gross annual income of $489,952. Professionally managed and well maintained by the same family for over 40 years. Do not miss this excellent and rare investment opportunity!

Property Details

2960 Polk StreetSquare Ft: 9,300Lot Size: 0.10Bedrooms: 24Price: $5,800,000Zip: 94109
MLS® #: 424037905Neighborhood: Russian HillCommunity: Russian HillGarages: 10School District: Listed By: Adam D Filly, Compass Commercial

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Essential Information

  • MLS® #:
    424037905
  • Price:
    $5,800,000
  • Bedrooms:
    24
  • Bathrooms:
    0.00
  • Square Footage:
    9,300
  • Acres:
    0.10
  • Year Built:
    1925
  • Type:
    Residential Income
  • Sub-Type:
    Condominium
  • Style:
    Marina
  • Status:
    Active

Community Information

  • Address:
    2960 Polk Street
  • Area:
    SF District 8
  • Subdivision:
    Russian Hill
  • City:
    San Francisco
  • County:
    San Francisco
  • State:
    CA
  • Zip Code:
    94109

Amenities

  • Parking Spaces:
    10
  • Parking:
    Covered, Garage
  • # of Garages:
    10

Interior

  • Heating:
    Steam

Exterior

  • Lot Description:
    None
  • Foundation:
    Concrete Perimeter

Additional Information

  • Date Listed:
    May 31st, 2024
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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. Information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.