$3,300,000

Rarely available 14-unit apartment building in prime Presidio Heights. There are 8 1-bedrooms & 6 studios & 10-car parking in garages at the front & rear of the building & open space at the rear accessed by a driveway on the west side of the property & 4 of the 6 enclosed garage spaces would hold 2 cars in tandem The units are stacked on three levels. They have gas stoves and each unit has its own heater, 6 have gas furnaces and 8 have electric wall heaters. This is a fine investment with potential for adding ADUs and/or tenants-in-common ownership. The building is a detached wood-framed apartment building in a desirable location with access to good transportation. It was constructed originally as 6 flats at the northeast corner of 2nd Avenue and Lake Street in 1909 by noted architects Henry H. Meyers and Clarence Ward. It was moved to its present location in 1925 to accommodate the building of Temple Emanu-El and reconfigured in 1943 into 14 apartments. The soft-story work has been done. It has been owned by the same family for over 100 years.