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1678 Wallace Ave - 1678 Wallace Ave San Francisco Penthouse 1,911 SF Flex Condo Unit Offered at $786,000 in San Francisco, CA 94124
Investment Highlights
- This unit is spacious with 1911 square feet of living space.
- Low HOA payment with high demand and high rental income potential for a 3 bed 2 bath with a bonus room in San Francisco, CA.
- Conveniently located near Hwy 101, 280, and steps away from the Muni T Line which takes you to UCSF Medical, Chase Center, and China Town in minutes.
Executive Summary
Welcome to the perfect luxurious design, spacious, and comfortable 3-bedroom, 2-bathroom top floor penthouse suite with plenty of natural light & view of the neighborhood. The kitchen is modern with elegant stone tile counter tops, custom cabinets, & features a breakfast bar. Gorgeous hardwood flooring throughout with a bonus room used as office. Master suite has large walk-in closet and en-suite bathroom. Attached garage includes one designated parking space plus storage space with plenty of street parking in front. Laundry room shared with only two units, three units total built 1997. A private outdoor yard with BBQ area & garden is the perfect place to relax. The location is incredible, walking distance to McDonald's conveniently located across the street & another block away from Bayview K.C. Jones Playground reopened in 2022 after a $6 million overhaul, the park features an expanded kids' play area, adult exercise stations, & a baseball field with new dugouts & bleachers. The park is adjacent to the Martin Luther King Jr. Pool, which offers an indoor swimming pool & a separate children's wading pool. Only 15 minutes away from UCSF Medical Center and Chase Center using the Third Street Muni T Line which also goes to China Town in 25 minutes.
1 Unit Available
Unit 1678
| Unit Size | 1,911 SF | Cap Rate | 7.00% |
| Price | $786,000 | NOI | $55,020 |
| Price Per SF | $411.30 | No. Parking Spaces | 1 |
| Condo Use | Flex | APN/Parcel ID | 5387-025 |
| Sale Type | Investment or Owner User |
| Unit Size | 1,911 SF |
| Price | $786,000 |
| Price Per SF | $411.30 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
| NOI | $55,020 |
| No. Parking Spaces | 1 |
| APN/Parcel ID | 5387-025 |
Description
This is a residential 3 bed 2 bath condo with a bonus room currently staged as an office. Very desirable location on border or San Francisco and San Mateo county. Easy to finance this condo is Fannie Mae approved.
Sale Notes
San Francisco Housing Voucher for 2026 for a 3 bedroom is $5064/mo and this this unit can get $6000/mo - $6500/mo rental income each month making it a very attractive investment with known maintenance costs of only $550 for HOA.
Property Facts
Amenities
- Smoke Detector
Site Amenities
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Roof Terrace
- Zen Garden
- Private Bathroom
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1678 Wallace Ave - 1678 Wallace Ave San Francisco Penthouse
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