VOW: 2859 Steiner Street, San Francisco

VOW: 2859 Steiner Street, San Francisco
October 30, 2018 Sierra Freeman

Video of the Week:

2859 Steiner Street

Trophy Pacific Heights Building

At a glance

  • Lost Size: 2,199 square feet
  • Built in 1903
  • Style: Victorian

2859 Steiner is a well-maintained three-unit Victorian building in the epicenter of Pacific Heights and Cow Hollow. This investment property with distinctive architecture and period details offers unlimited possibilities. The vacant top floor unit provides the opportunity to owner-occupy while generating income from the other two units or purchase as an investment in the most sought-after neighborhood in San Francisco. The middle unit and ground-floor studio will be vacant in 2020 as both tenants have agreed to a move-out date (buyer to verify).  Rarely does a building of this size experience full tenant turnover giving opportunity for market rents.

Significant rental upside makes this an attractive investment opportunity. There are fully approved plans by Chad Kellogg, AIA for a major remodel and a highly sought-after addition of a roof deck. These plans make this an appealing project for both an owner-user or developer.

Located just 2 blocks away from Union Street and a stone’s throw from the Marina, you will find shopping, dining, and work out classes outside your front door. The Cow Hollow playground and the Presidio are nearby…

More at www.2859Steiner.com


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