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$1,799,000   Price Analysis
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246 Bemis St
San Francisco, CA 94131
4 bed 0 bath 2,560 SqFt ($702/SqFt)
2,696SqFt lot. Built 1908
Listed 2023-07-07, Taxes $24,075
Ⓧ USDA Ineligible
due to price & location

near San Francisco

Dreaming of owning a Glen Park investment property? Look no further than 246 Bemis Street

* Has Contingent Offer *

A 3-unit residential income property, is a prime inv estment opportunity in Glen Park, a coveted A+ neighborhood ner the Village. This unique property includes a 2-unit building in the front and a standalone cottage at the rear. Building Summary: Unit 246: 2BR/1BA with 1 car pad parking. Unit 246A: 1BR/1BA with city and bay views. Unit 246B: 1BR Open Floor plan/1BA open-plan cottage. All units feature hardwood floors, contemporary appliances and dedicated laundry services.

Each is separately metered for gas and electricity (PGandE). Additional Features: 1-car garage with storage, potential for an ADU conversion. Garage is seller controlled and used for storage. Full feasibility report available for building expansion. Opportunity to purchase with the adjacent lot at 256 Bemis Street. Currently tenant-occupied with tremendous rents. Within walking distance to Glen Park's amenities, BART and easy access to I-280/101. This property offers income potential and room for expansion, making it an attractive investment. Can be shown by private appointment with listing agent.


Presented by Marcus Miller, MA at
Helm Real Estate.
Listing Agent Photo

Property MLS #423752845 from SanFrancisco

Bedrooms: 4

Total Rooms: 10

Lot Description: Garden, Landscape Front
Lot Size Acres: 0.0619
Topography: Upslope
Lot Size Square Feet: 2696

Parking Features: Attached, Garage, Guest Parking Available
Parking Total: 1

View: Bay, Hills, Mt Diablo

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-3: 1
Total Rooms in Unit-3: 3
Unit-1 Description: 246 is a 2BR/1BA w/1 car parking pad unit.
Unit-2 Description: 246A is a 1BR/1BA unit w/street parking
Unit-3 Description: 246B is a open floor plan 1BR/1BA independent back cottage.
Unit-1 Square Feet: 1000
Unit-2 Square Feet: 750
Unit 1 Total Actual Rent: 3325
Unit 2 Total Actual Rent: 3195
Unit 3 Total Actual Rent: 3350

Source Listing Status: Contingent - Show
County: San Francisco
Cross Street: Castro Street
Directions: From Chenery turn West onto Castro Street, take a right on Bemis property is on the left.
Source Property Type: Residential Income
Area: SF District 5
Source Neighborhood: SF District 5
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$593,606 + $1,385,081
$1,978,687
$24,075
2021$581,967 + $1,357,923
$1,939,890
$23,652
2020$576,000 + $1,344,000
$1,920,000
$23,850
2019$52,790 + $24,204
$76,994
$1,646
2018$51,755 + $23,730
$75,485
$1,584
2017$50,741 + $23,265
$74,006
$1,267
2016$49,747 + $22,809
$72,556
$3,230
2015$49,000 + $22,467
$71,467
$2,523
2014$48,041 + $22,027
$70,068
$1,917
2013$47,824 + $21,928
$69,752
$1,687
2012$46,887 + $21,499
$68,386
$4,660
2010$45,968 + $21,078
$67,046
$1,107
2009$45,734 + $20,971
$66,705
$1,368
2009$45,626 + $20,921
$66,547
$1,368
2008$44,838 + $20,560
$65,398
$1,304
2007$43,959 + $20,157
$64,116
$735

Price Changed 2024-05-06
$1,799,000
SanFrancisco
Price Changed 2023-11-15
$1,899,000
SanFrancisco
Listed 2023-07-07
$1,995,000
SanFrancisco
Listing removed 2021-02-16
$0
SanFrancisco
Price Changed for rent 2021-01-16
$3,395
SanFrancisco
Listed for rent 2020-12-10
$3,495
SanFrancisco
Listing removed 2020-01-17
$3,295
SanFrancisco
Listed for rent 2020-01-06
$3,295
SanFrancisco
Sold 2019-08-11
$1,920,000
SanFrancisco
Listing removed 2018-08-28
$1,695,000
SanFrancisco
Listed 2018-07-29
$1,695,000
SanFrancisco
Listing removed 2018-07-04
$1,995,000
SanFrancisco
Listed 2018-05-25
$1,995,000
SanFrancisco
Listing removed 2018-04-12
$2,677,000
MLSListings
Listing removed 2018-03-16
$2,677,000
SanFrancisco
Listing removed 2018-03-16
$2,677,000
SanFrancisco
Listed 2018-02-16
$2,677,000
SanFrancisco
Price Changed 2018-02-03
$2,677,000
SanFrancisco
Price Changed 2018-02-02
$2,677,000
MLSListings
Listed 2017-10-09
$2,988,000
SanFrancisco
Listed 2017-09-14
$2,988,000
MLSListings
Listing removed 2017-06-16
$1,995,888
MLSListings
Price Changed 2017-05-30
$1,995,888
MLSListings
Listed 2017-05-24
$2,500,000
MLSListings
Listing removed 2016-02-03
$3,995
AppfolioUnits
Listed for rent 2015-12-28
$3,995
AppfolioUnits
Listing removed 2015-06-10
$3,995
Appfolio
Price Changed for rent 2015-05-27
$3,995
Appfolio
Price Changed for rent 2015-05-01
$4,200
Appfolio
Listed for rent 2015-04-25
$4,500
Appfolio
Listing removed 2015-02-20
$4,200
Appfolio
Listing removed 2015-02-18
$3,600
Appfolio
Listed for rent 2015-02-13
$3,600
Appfolio
Listed for rent 2015-02-08
$4,200
Appfolio

Total Square Feet Living: 2560
Year Built: 1908
Levels: One, Three
Property Age: 116
Structure Type: Apartments
Elevation Units: Feet

Glen Park Elementary School is a public elementary school located approximately 0.3 miles away.
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Lick (James) Middle School is a public middle school located approximately 0.9 miles away.
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St. John the Evangelist School is a private elementary and middle school located approximately 0.3 miles away.
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Asawa (Ruth) San Francisco School Of The Arts, A Public School. is a public high school located approximately 1.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.