About 2845 Pierce Street

<<  1 of 23 photos 2845 Pierce :: 2845 Pierce Street >>	Offered at: $4,500,000 Neighborhood: Cow Hollow City: n/a yet    Property Type: 5+ Units Status: Sold Parking: 6 Presented By: Chris O'Connor David Parry   415-351-4622 (Office) 415-346-4530 (Fax) Contact me: chrisoconnor@mcguire.com   My Current Listings
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Highlights:

Property Details:

This classic residential apartment building was designed by noted architect H. C. Baumann and built in 1924. It consists of 6 four-room, one-bedroom, one bath apartments with formal dining rooms and 6 three-room, one-bedroom, one bath apartments. The apartments have charming original detail with hardwood floors, attractive moldings, and good closet space. All of the kitchens have gas ranges. Many of the apartments have been updated by the present ownership group, leaving only one apartment with an older kitchen and bathroom. The street front apartments on levels 2 and 3, and the two apartments on level 4 all enjoy partial Bay views, which get progressively better on the higher floors. In addition the building has an easily-accessible roof deck on the east side of the 4th level from which a sweeping Bay view can be enjoyed.

All of the apartments are individually metered for gas and electric and the electrical service has been updated, with circuit breaker sub-panels in each unit. The apartments have steam heat, for which the boiler was new in 1997. There are 12 storage compartments, a laundry area, and two enclosed garages at the front of the building for two cars side-by-side each, with a third one-car garage at the side which could possibly be expanded with some engineering work. In addition there is a parking pad at the rear of the building. The two front garage doors are automatic with remote controls and the laundry machines are owned by the building. There is a central fire alarm system and the apartments all have individual smoke detectors.

This is one of the most highly sought-after rental locations in the City, close to public transportation, stores, restaurants and entertainment on Union, Fillmore and Chestnut Streets. Please see attached schedule for details of the income and expenses.