Leavenworth Triplex

—SOLD—

PROPERTY SUMMARY
The Leavenworth Triplex is an elegant Nob Hill apartment building with original hardwood floors, period detailing and stained glass. Constructed in the early 1900’s this stately property boasts expansive four bedroom top and mid floor units and a three bedroom lower unit. The subject property has been in the same family for nearly 50 years and has maintained its original charm and character while undergoing significant upgrades such as new electric service, copper re-piping, central heating in some units, re-glazed windows and a newer roof. The top and bottom floors are tenant occupied and the middle floor is occupied by one of the owners who is a protected tenant.

LOCATION
The Leavenworth Triplex is located in San Francisco’s Nob Hill, one of the most spectacular neighborhoods in the city. With cable car lines, elite homes and luxury hotels such as Mark Hopkins and the Fairmont, Nob Hill remains a destination for tourists and wealthy residents.

The Leavenworth Triplex is bordered by Polk Street on the West and Chinatown on the East. It’s a quick walk downhill to the financial district making it an ideal residence for working professionals. This stately gem is literally in the center of everything in San Francisco.

FEATURES

• Incredible Nob Hill location
• Two huge additional storage rooms in basement
• Period detailing, marble inlay, hardwood floors, stained glass
• Golden Gate Bridge views from top floor
• Significant electric and plumbing upgrades, newer roof
• Excellent TIC opportunity
• Possible Seller Financing

EXPENSES:
· Property Tax: $3,609/Yr
· Insurance: $2,357/Yr
· Management Fee: $1,200/Yr
· Public Health Fee: $55/Yr
· PG & E (elec): $54/Yr
· SF Water Dept: $1,433/Yr

RENT ROLL:
Unit No.          Current Rent
1315 2 bdrm   $1,555
1317 2 bdrm   $605 Protected tenant/owner occupant
1319 2 bdrm   $1,74