505-509 23rd Ave, San Francisco, CA 94121
FOR SALE

505-509 23rd Ave
San Francisco, CA 94121

Outer Richmond
  • 8 Beds
  • 3 Baths
  • 3,867 sqft
  • 8 Beds
  • 3 Baths
  • 3,867 sqft

$1,850,000

Original price: $1,950,000
Est. Mortgage $11,770/mo*
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Local Information

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Description

Uncover a rare investment gem in Central Richmond! This triplex, ideally situated at the corner of Geary Blvd and 23rd Ave, presents a prime opportunity for capital improvements and lucrative returns. Featuring three levels, the first unit (509) with 2 bdrm/1 bath rents for $2,600/month. The second level houses two units (507 and 505), with 505 currently leased and 507 available. Embrace the potential for renovations, capitalize on rental income, and seize the live-work possibilities in this coveted location. Explore the possibilities, inquire now! Buyers are encouraged to conduct thorough investigations to ensure their satisfaction.
Central Richmond (and its Inner and Outer counterparts) encompasses a large, flat span of San Francisco. The neighborhood is wonderfully diverse with many second and third generation families. Housing options are as varied and established; single-family homes, condos and multi-unit properties span the architectural spectrum from Victorian to mid-century.

Home Highlights

Parking
0 Carport Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$478
Listed
97 days ago

Home Details for 505-509 23rd Ave

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 3
Dimensions and Layout
Living Area: 3867 Square Feet
Appliances & Utilities
Utilities: Water Public, Individual Electric Meters, Individual Gas Meters
Heating & Cooling
Heating: Electric,GasAir Conditioning: NoneHeating Fuel: Electric
Gas & Electric
Gas: IndividualGasMeters
Windows, Doors, Floors & Walls
Door: None
Levels, Entrance, & Accessibility
Stories: 3Accessibility: None

Exterior Features

Exterior Home Features
Roof: OtherFoundation: Other
Parking & Garage
Has a CarportNo GarageParking: On Street
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 97

Property Information

Year Built
Year Built: 1913
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex,
Property Information
Included in Sale: OtherParcel Number: 1566 002

Price & Status

Price
List Price: $1,850,000Price Per Sqft: $478

Active Status

MLS Status: Active

Location

Direction & Address
City: SanFrancisco
School Information
Elementary School District: SanFranciscoUnifiedHigh School District: SanFranciscoUnifiedWalk Score: 95

Agent Information

Listing Agent
Listing ID: ML81952156

Building

Building Area
Building Area: 3867

Lot Information

Lot Area: 2770 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: ML81952156
Last check for updates: about 10 hours ago
Listing courtesy of Andy Vong 01317493, (408) 960-9225
New Land Corp
Source: MLSListings Inc, MLS#ML81952156

Price History for 505-509 23rd Ave

DatePriceEventSource
04/15/2024$1,850,000PriceChange
MLSListings Inc #ML81952156
03/17/2024$1,950,000PriceChange
MLSListings Inc #ML81952156
01/22/2024$2,300,000Listed For SaleMLSListings Inc #ML81952156

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Property Taxes and Assessment

Year2023
Tax$2,964
Assessment$153,085
Home facts updated by county records

Comparable Sales for 505-509 23rd Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
454 23rd Ave, San Francisco, CA
0.08
Multi-Family Home
$2,080,000
05/09/23
8
7
3,800
457-459 25th Ave, San Francisco, CA
0.24
Multi-Family Home
$1,075,000
09/12/23
6
3
2,400
466 21st Ave, San Francisco, CA
0.16
Multi-Family Home
$1,510,000
04/12/24
5
3
1,784
716-718 24th Ave, San Francisco, CA
0.14
Multi-Family Home
$1,620,000
01/31/24
4
2
3,150
503-509 29th Ave, San Francisco, CA
0.37
Multi-Family Home
$1,830,000
01/22/24
8
4
4,870
791-797 21st Ave, San Francisco, CA
0.38
Multi-Family Home
$2,200,000
01/18/24
8
4
4,860
759-761 20th Ave, San Francisco, CA
0.36
Multi-Family Home
$2,000,000
01/26/24
5
3
3,060
755 20th Ave, San Francisco, CA
0.36
Multi-Family Home
$2,050,888
04/19/24
4
3
3,980
614-616 26th Ave, San Francisco, CA
0.15
Multi-Family Home
$2,219,999
11/21/23
4
4
3,200

Neighborhood Overview

Outer Richmond
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Outer Richmond

  • Trulia User
    "Nothing not to like. It's a great place for dogs, parks, trails, beach people are dog friendly as long as you pick up after your pet"
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  • Trulia User
    "35 mins on the 38R to get to FiDi. Not bad at all. There’s also the 1x which I haven’t tried yet. Buses come relatively often. Never really have to wait more than 10 mins"
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  • Trulia User
    "You can walk around any time of night and you feel very safe the people are very friendly and the restaurants and stores feel like a small town instead of a big city"
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  • Trulia User
    "it is very diverse in this neighborhood the restaurants are very good all types of different kinds. Ocean Beach & Baker Beach are very close by"
    2
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  • Trulia User
    "Fast easy and exciting safe well known beautiful neighborhood is what every neighbor could ever ask for especially living in San Francisco under certain conditions but as far as the commute less traffic during a regular rush-hour"
    0
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  • Trulia User
    "Family friendly neighborhood, lots of playgrounds and walks for kids. Quiet streets, lots of families in the area. "
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  • Trulia User
    "There is a world class, brand new dog park in golden gate park that just opened. Large and small are separate. "
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  • Trulia User
    "Tremendous natural beauty (10 minutes walk to two major parks, 20 minutes walk to beach) and urban opportunities like neighborhood restaurants and theater on Balboa / Judah streets. Great public transit (4 bus lines within walking distance) Quiet most nights, cool most days. "
    0
    Flag
  • Trulia User
    "It’s quiet and friendly and has the GG park nearby. The weather suits us with its gentle breeze and cooling effect. "
    0
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  • Rs165267
    "Easy and fast with a few express options and easy access to the 38 that goes all the way to the salesforce terminal and the 1 that goes all the way to the Embarcadero by the ferry building."
    0
    Flag
  • Dave
    "Quiet neighborhood and relatively safe compared to rest of city. Cooler climate too and you can escape to parks and beach."
    8
    Flag
  • Jaafar E. T.
    "Easy and fast with a few express options and easy access to the 38 that goes all the way to the salesforce terminal and the 1 that goes all the way to the Embarcadero by the ferry building."
    2
    Flag
  • Jordan R.
    "Yards are difficult to access except through the house, and kids feel safe playing there as long as your fence is well maintained. "
    1
    Flag
  • Evan W.
    "Wonderful family friendly neighborhood. There is great food all around. And with the Presidio and Golden Gate Park so close it is wonderful"
    1
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  • Fabiourru73
    "The concerts and events at the Golden gate park and the ocean beach it’s just walking distance And so close to the zoo"
    0
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  • Wilberth P. C.
    "For me is great area! I been living for almost 20 years In this neighborhood I raise my kids they going school around her Alamo school it’s great presidio middle school it’s great to ah and don’t for get Washington high school "
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  • Mercedes H.
    "the express bus is right on geary and takes you directly to fidi! busses run constantly and east to get to places "
    0
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  • Crystalfionte
    "my neighborhood has great access to public transportation and a good commute to downtown which is nice."
    1
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  • Nels L.
    "It’s a quiet residential area with a lot of the positive aspects of living in the city. Close to the park the beach and amazing restaurants "
    0
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  • Nels L.
    "Close to the park, the beach... Nice residential are but still has a lot of amenities within walking distance"
    2
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  • 76niknak
    "It’s a tourist area, surrounded by the golden gate park, and ocean beach. There is so much to do in this neighbourhood from dining, museums, and hiking. "
    1
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  • Karla C.
    "I take the California 1AX to the financial district every week day to work. Not the most reliable bus in the mornings after 8:30am but is a clean/safe bus :) "
    0
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  • Laurenmbowen
    "Nice neighborhood to love and raise kids despite the terrible weekends of outsidelands and hardly strictly bluegrass. "
    0
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  • Kate S.
    "Stories of harm and notices of crimes in the neighborhood as well as new openings of stores and restaurants also services available and new building proposals "
    0
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  • Melissa
    "Very dog friendly. Near to the park. Good sidewalks. Safe for walking early in morning or late at night. "
    0
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  • T.sakhrani
    "Pretty easy getting around town on major streets. Easy parking and access to buses along Balboa and Geary. Easy access to highways also via Great highway and 1."
    0
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  • Sgatti28
    "Friendly people trying to live a healthy active life. Quiet neighborhood. Park is clean and has something for everyone. "
    0
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  • Shauna O.
    "Quiet, neighborly. Normal people and families going about their lives. People are pretty friendly and down to earth for the most part."
    0
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  • Jordan K.
    "Such a safe, multicultural, and happy neighborhood. I feel proud to live in such a quiet, peaceful area of SF."
    0
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  • Laurenmbowen
    "Dog owners would enjoy the close proximity of golden gate park. There is plenty of space for dogs to play. "
    0
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  • Shauna O.
    "Our neighborhood is dog heaven. Close proximity to the park (with an enclosed dog park.) Very near Ocean Beach, which is an amazing place for dogs to run around. We also have a wonderful neighborhood vet and a few restaurants and cafes that will let you have your dog outside while you eat."
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  • Chelsea i.
    "access to parks and the ocean nearby, the Lands End trail. Good restaurants with lots of options, dog friendly, very residential and not as busy as downtown. "
    0
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  • Karen C.
    "The schools are good, but middle-class families are getting priced out."
    0
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  • Chris S.
    "The commute's not too bad. Walking up the hill to Geary isn't great, but the commute downtown on the Muni is only around 30–40 minutes."
    0
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  • Polina L.
    "What makes the Outer Richmond unique are the strong Russian and Asian communities and the diverse, affordable mix of stores."
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  • Martin F.
    "I'm two blocks to the ocean and cliffs. It's colder than the rest of the city and isolated. It's not my favorite part of the city."
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  • Demetrio M.
    "It's a quiet place. I know who my neighbors are. I love the fog, and the view is terrific. There is quite a bit of traffic that goes through this neighborhood on their way to the beach or other destinations."
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  • Jane L.
    "A nice established neighborhood. Very quiet and cool, with foggy weather. It's easy to go to the beach on a hot day. It's family oriented and has small privately owned businesses."
    1
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  • Polina L.
    "There are many fun and culturally relevant children's programs and activities."
    0
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  • Jane L.
    "Good public and private schools, and playgrounds and the beach are nearby."
    0
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LGBTQ Local Legal Protections

Andy Vong, New Land Corp
Based on information from the MLSListings MLS as of 2024-04-28 16:55:18 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
505-509 23rd Ave, San Francisco, CA 94121 is a 8 bedroom, 3 bathroom, 3,867 sqft multi-family built in 1913. 505-509 23rd Ave is located in Outer Richmond, San Francisco. This property is currently available for sale and was listed by MLSListings Inc on Jan 23, 2024. The MLS # for this home is MLS# ML81952156.