Converted to residential without City permission or permits. 7-11-2019 City granted variance (see attached) as follows: one 3,000 sf residential unit upstairs and a small residential studio downstairs (approx. 500 sf). Remaining ground floor and basement space (approx. 4,000 sf) to be used as small commercial work space. Pre-pandemic, pre-variance rent was $17,500. Current rent $13,000 gross. Ground floor/ Basement tenant pays $6,000 and upstairs tenant pays $7,000. Tenants split utilities among themselves. Not separately metered. Tenants are mo-to-mo and non-conforming because variance has not been implemented. Variance and plans used to obtain variance are attached. Many options for new Buyer including returning property to current permitted warehouse use. Owner wants quick, all-cash, as is sale, with Tenants in place. Buyer will not be able to obtain conventional financing due to the current non-conforming use.
Listing Agent: Mark Kaplan Courtesy of: Rockwell Properties Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS ®, but is not warranted. Updated: 7th July, 2022 12:56 AM (UTC)