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3701 Balboa St
San Francisco, CA 94121
Bank of America · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
7,000 SF
Building Class
C
Year Built
1928
Tenancy
Single
Building Height
1 Story
Building FAR
1.15
Lot Size
0.14 AC
Zoning
NC1
Frontage
56’ on Balboa St
About 3701 BALBOA ST , SAN FRANCISCO, CA 94121
Built in 1928, a 7,000± square foot freestanding BANK OF AMERICA branch. There is 4,430± square feet of ground floor space and 2,570± of partial second floor and basement space. The building is concrete with a wood roof and interior partitions. This branch has no on-site parking, but there is ample street parking. Leased to BANK OF AMERICA N.A. from September 1, 1970 until April 30, 2021. The lease is triple net with tenant responsible for all taxes, maintenance, and repairs. Instead of insurance, tenant (i) indemnifies landlord against any damages to property or persons, and (ii) agrees to repair any damage to the property including complete reconstruction. There are no renewal options in the lease.
Property Taxes
| Parcel Number | 1606-001 | Improvements Assessment | $1,600,000 |
| Land Assessment | $2,400,000 | Total Assessment | $4,000,000 |
Property Taxes
Parcel Number
1606-001
Land Assessment
$2,400,000
Improvements Assessment
$1,600,000
Total Assessment
$4,000,000
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