#424075267, Ming Wu, Listing Office: Remax Prestigious Properties
![KW Advisors MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
$8,301
closing credit¹
1401 Silver Ave San Francisco, CA 94134
Property details
About 1401 Silver Ave
Charming Duplex with Endless Possibilities. Discover this versatile mixed-use property offering exceptional potential for both homeowners and investors. The front unit, currently vacant, was previously a storefront rented for $2,100 per month, making the current cap rate close to 7%. Meanwhile it comes with a ready-to-pull permit to convert into a spacious 2 bed, 1 bath unit, complete with architect-drafted floor plans permit ready to pull. This makes it an excellent opportunity to repurpose as residential or maintain as a commercial storefront. The back unit is a well-maintained 2 bed, 1 office, 1 bath unit, currently tenant-occupied and generating stable rental income of $2,515 per month. With market-rate rents for each unit averaging around $3,300, this property offers significant upside potential for increased cash flow through forced appreciation producing close to 10% cap rate. Whether you are an investor seeking steady income or a buyer looking to maximize value, the possibilities are endless. Perfectly situated in a prime location, close to shopping, popular restaurants, and major commute routes, highly desirable for tenants and homeowners alike. Don't miss this chance to own a versatile, income-producing property in a convenient and sought-after area.
Highlights
Summary
- MLS Number: ML81990209
- MLS Name: CRMLS
- Office Name: KW Advisors
- Office Phone: (650) 627-3700
- Listing Agent: Wen Guo RE Group
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/10/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of house](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1104091320/2003773695075.jpg?version=1739109389&width=640)
$699,000
1401 Silver Ave
$8,301
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 07, 1995 | Home Sold | $150,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $246,983 | $3,789 |
2023 | $242,141 | $3,677 |
2022 | $237,394 | $3,585 |
2021 | $232,740 | $3,517 |
2020 | $230,354 | $3,487 |
2019 | $225,838 | $3,370 |
2018 | $221,411 | $3,370 |
2017 | $217,070 | $2,953 |
History based on county public records data.
Nearby schools
5
E. R. Taylor Elementary School
Public District PK-5
0.3 mi
•423 Burrows St
4
Hillcrest Elementary School
Public District KG-5
0.6 mi
•810 Silver Ave
5
Junipero Serra Elementary School
Public District KG-5
0.8 mi
•625 Holly Park Cir
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,835. Residents of San Francisco, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 1401 Silver Ave in San Francisco, CA and zip code 94134 in the Southeast neighborhood. This 1,500 square foot home, which was built in 1925, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $699,000.
San Francisco, CA housing market in January 2025 saw over 87 listings sold above listed price, more than 24 sold at listed price and over 113 sold below. The number of listings in San Francisco, CA increased by 3.3% between December and January 2025. The median list price of listings available in January 2025 was $1,415,577, while the average time on the real estate market was 67 days.