1246 Sacramento street
 
 


For more information, please go to:
www.1246Sacramento.com
ob Hill
  Nob Hill View Pied-a-Terre with Income
  1246 SACRAMENTO STREET
   
  Offered at $3,200,000
   
ABSTRACT: Eight-unit apartment building in impeccable condition, with three garage spaces and a rear alley parking access. Top location half a block from the Pacific Union Club and across from Grace Cathedral. View of Coit Tower and the Bay from the fabulous owner's unit, with its sophisticated two-level layout and stunning deck. One bedroom and bathroom at the main level along with living room, dining room, kitchen and view nook. The second, larger bedroom or den overlooks the main level and has an ensuite bathroom and direct access to the view deck. Six other units are all spacious one bedrooms in excellent condition, one with a deck and separate entry from Pleasant Street. There is one additional studio unit and three garages affording tandem parking for six cars.
8 Unit Owner Occupied Multi- Family Property

Year Built: 1915
 

OWNER'S UNIT: Perched near the top of Nob Hill, this fabulous penthouse owner's unit has an open floorplan and loft-like feel. The front door opens onto the dining room with soaring ceilings to the bedroom/den above. The kitchen is done in white with black appliances and there is lots of storage and fabulous natural light. The living room has built-in shelves and cabinets concealing the television and an office nook with lovely outlooks. The master suite is also on this level, with two tall closets and a marble bath with a shower enclosure.

Upstairs, the additional bedroom/den has a fireplace and direct access to the terrace with views of Coit Tower, the Bay and Treasure Island. There is a wet bar on this level and a full marble bathroom with a jetted tub and pedestal sink.

The unit has lovely details, such as an original leaded-glass window, and blonde hardwood floors throughout. Dedicated garage on Pleasant Street, affording two-car tandem parking.

INVESTMENT: This 8-unit property is located on one of the finest blocks of tony Nob Hill, directly across from Grace Cathedral. Built in 1915, this wood-framed building has been impeccably maintained, including recent painting, bolting of the concrete foundation and shear-walling, and consists of one studio, six spacious one-bedroom apartments and the fabulous two-bedroom owner's unit. A beautiful lobby leads to seven of the units, while #8 is accessed from Pleasant Street. Each unit has hardwood flooring, new double-paned windows, and period detailing throughout. The kitchens feature tiled floors, painted cabinetry and corian countertops while most bathrooms have pedestal sinks and newer tubs. The units have refrigerators, dishwashers, and gas stoves. All units are separately metered for electricity. There is central boiler heat and water service. The roof is tar and gravel. For the convenience of the tenants, there is a laundry area in the basement with a coin-operated washer and dryer. The building has three parking garages that front on Pleasant Street and are currently used to park six cars, each with 2-car tandem parking.

For the investor, this property provides the opportunity to acquire a well maintained property with good cash flow, and for the owner-occupier, it presents a fabulous opportunity to own a view pied-a-terre in prestigious Nob Hill with additional income.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TAXES: To be reassessed upon sale, currently expected to be approximately 1.164% of the purchase price.

NOTE: Prospective Buyers are advised to review, prior to any offer, the "Seller’s Disclosure Package" available on request with the listing agent.

TO SHOW: By appointment with the listing agent.

 
to top
 
 
E-mail Me
TRI Coldwell Banker and ninahatvany.com do not guarantee or warrant the accuracy of any information contained in this web site.