Are you in search of an exceptional investment opportunity or considering a 1031 Exchange? Look no further than 138-140 Lower Terrace.

This property underwent a substantial renovation and expansion in 2016, enhancing its appeal and functionality. The lower flat, 138, boasts 4 bedrooms and 3 bathrooms spread across two levels, offering exclusive access to a charming garden and garage. Meanwhile, the upper unit, spanning a single level, features 4 bedrooms and 2.5 bathrooms.

Notably, residents of the upper unit e njoy exclusive use of a stunning rooftop deck boasting breathtaking bay views. Currently, the upper unit commands a rental income of $6, 500 while the lower unit is leased for $7, 600, totaling a monthly rent of $14, 100 and yielding an attractive cap rate of 5.3%. Both units are equipped with radiant heat in the bathrooms and showcase elegant marble floors complemented by light wood flooring throughout.

Request Information
on 138 Lower Ter
in San Francisco, CA
Presented by Duncan c Wheeler at
Sotheby's International Realty - Wine Country - Sonoma Brokerage.


Property MLS #424027778 from SanFrancisco

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 8

+ Other Rooms

Total Rooms: 16

+ Interior Features

Skylight(s)
Flooring: Simulated Wood, Tile, Wood
Window Features: Dual Pane Full, Weather Stripped, Window Screens

+ Appliances

Dishwasher
Disposal
Free Standing Refrigerator
Laundry Features: In Each Unit, Laundry Closet

+ Heating and Cooling

Heating Features: Baseboard, Radiant

+ Garage and Parking

Covered Spaces: 2
Garage Spaces: 2
Parking Features: Garage, Garage Door Opener, Interior Access
Parking Total: 2

+ Exterior and Lot Features

Patio And Porch Features: Balcony/Deck

+ Land Info

Lot Description: Garden, Landscape Back, Shape Regular
Lot Size Acres: 0.0573
Lot Size Square Feet: 2496

+ Home Features

View: Bay, City Lights, Garden/Greenbelt, Water
Other Equipment: Low-Flow Shower(s), Low-Flow Toilet(s)
Security Features: Security Gate, Smoke Detector, Unguarded Gate

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 1
Number of 4 Bedroom Units: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Total Rooms in Unit-1: 9
Unit-1 Description: 4 bedroom 3 bathroom, 2-level fully remodeled flat
Unit-2 Description: 4 bedroom 3 bathroom fully remodeled flat
Unit 1 Total Actual Rent: 7600
Unit 2 Total Actual Rent: 6500

+ Rental Info

Lease Term: Lease/Month to Month Mix

+ Other Property Info

Source Listing Status: Active
County: San Francisco
Cross Street: Levant
Source Property Type: Residential Income
Area: SF District 5
Source Neighborhood: SF District 5
Property Subtype: Duplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$818,375 + $1,347,708 $2,166,083	$26,391
2021	$802,330 + $1,321,283 $2,123,613	$26,539
2020	$794,104 + $1,307,735 $2,101,839	$26,135
2019	$778,534 + $1,282,094 $2,060,628	$25,672
2018	$735,854 + $1,256,955 $1,992,809	$24,070
2017	$534,632 + $1,232,309 $1,766,941	$21,301
2016	$517,777 + $1,208,147 $1,725,924	$20,889
2015	$344,175 + $99,618 $443,793	$5,773
2014	$337,434 + $97,667 $435,101	$5,625
2013	$335,909 + $97,226 $433,135	$5,642
2012	$329,323 + $95,320 $424,799	$5,375
2010	$322,866 + $93,451 $416,473	$5,211
2009	$321,215 + $92,974 $414,345	$5,184
2009	$320,454 + $92,754 $413,364	$5,184
2008	$314,917 + $91,151 $406,224	$5,012
2007	$308,743 + $89,364 $398,263	$4,628

+ Reveal Property Sale History

Price Changed 2024-05-15
$2,995,000
SanFrancisco

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Listed 2024-05-06
$3,195,000
SanFrancisco

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Listing removed 2020-06-16
$0
SanFrancisco

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Price Changed 2020-05-17
$3,220,000
SanFrancisco

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Price Changed 2020-05-05
$3,240,000
SanFrancisco

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Price Changed 2020-04-18
$3,245,000
SanFrancisco

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Listed 2020-03-25
$3,265,000
SanFrancisco

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Sold 2015-04-10
$1,700,000
Public Record

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Sold 1992-03-11
$397,000
Public Record

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Sold 1980-05-22
$245,000
Public Record

+ Building and Construction

Total Square Feet Living: 3832
Year Built: 1963
Construction Materials: Ceiling Insulation, Stucco
Foundation Details: Concrete, Concrete Perimeter
Property Age: 61
Property Condition: Updated/Remodeled
Levels or Stories: 3
Structure Type: Apartments, Flats
Elevation Units: Feet
Architectural Style: Contemporary

+ Utilities

Sewer: Public Sewer
City
Electric
Natural Gas Connected
Water Source: Public

+ Display Complete School Details

McKinley Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions

Everett Middle School is a public middle school located approximately 0.7 miles away.
Map directions

My City School is a private middle school located approximately 0.2 miles away.
Map directions

Mission High School is a public high school located approximately 0.8 miles away.
Map directions