Sold: 1414-1416 Lyon Street
San Francisco, CA
- Offered at $ 2,495,000
- Sold: $2,561,000 on 08/21/2020
- Buyer Represented
This is an incredible investment opportunity for investors and/or owner users now with a 10% price adjustment! Lower Pacific Heights Remodeled 2 unit building with Artist Studio/ADU (Do I hear Legal 3rd unit?) 1414 Lyon is remodeled upper unit 3 bedrooms, 1.5 Bath, open kitchen living dining space w/french doors & city view deck. 1416 Lyon is middle unit, remodeled & similar layout to upper. This unit is tenant occupied at market rate rent. 1418 Lyon is an Artist Studio/ADU on the garden level. This space has a living room, kitchen, bath & sleeping alcove w/french doors to patio & tranquil garden. In addition this unit has Studio/Gallery space perfect for working artists or small Biz. Building has newer foundation, seismic upgrades, all units have W/D, central heat, wood floors, and double pane windows. Investors the numbers are amazing 15 GRM & 6% CAP rate. Walk to Trader Joe’s, Target, The Presidio.