$7,495,000 Sold ($7,325,000) -2.27% Closed

1895 Jefferson Street is a well maintained 18-unit residential building with 10 garage spaces. Located in Marina district of San Francisco, this trophy property contains 12 studio apartments and 6 one-bedroom units. Each apartment is separately metered for PG&E and has tenant-paid electric heaters. These classicstyle units with French doors, bay windows, and hardwood floors are always in demand. The building went through significant upgrades in 1991 after the Loma Prieta earthquake and was the first residential building in North America to have a pendulum foundation system. There is an active USGS earthquake monitoring system in the boiler room. This property offers significant upside potential for the savy investor due to the potential to construct several ADUs in the existing garage spaces. Buyers are encouraged to perform all investigations about the possibility of developing future ADUs.