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278 States St, San Francisco, CA, 94114

16beds
0baths
7,268sqft
$4,300,000
$592price/sqft
$26,368/moest. monthly cost
$1,054,720/yrincome needed

About This Home

278 States Street presents a rare opportunity to acquire a well-maintained, multi-structure asset situated at the crest of the highly coveted Corona Heights neighborhood. This unique property consists of two distinct buildings on a single lot, providing dual street access from both States Street and Roosevelt Way. Originally constructed in 1960, the property comprises nine total residential units (eight residential units plus one occupied, unwarranted studio). The primary unit mix consists of spacious two-bedroom, one-bathroom floor plans, designed to maximize natural light and capture the expansive city views characteristic of this elevated location. The Roosevelt Way building houses two apartments, a large storage room, the laundry facility, and a rooftop studio. This studio features a private deck and stunning panoramic views, offering a new owner the potential to pursue legalization and further solidify the property's income stream. With well-maintained systems and a considerable gap between current and market rates, the asset offers substantial rental upside.

Getting Around

85
WalkingVery Walkable
81
TransitExcellent Transit
64
BikeBikeable

Schools

9/10
1/10
Everett Middle SchoolGrades 6-80.7 mi
3/10
Mission High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Flat

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 16

Interior Area

  • Total structure area: 7,268
  • Total interior livable area: 7,268 sqft

Property

Details

  • Parcel number: 2620061
  • Special condition: Standard

Features

  • Stories: 3

Lot

  • Lot size: 3,624 sqft
  • Features: None

Parking

  • Total spaces: 7
  • Parking features: Covered,Garage
  • Has garage: Yes