• Sold
Just Sold

For Sale

$3,400,000 USD

Colliers International is pleased to present 3038-3040 Jackson Street (between Baker Street and Lyon Street) in
the heart of Pacific Heights in San Francisco. Nestled in between The Presidio and Alta Plaza Park, 3038-3040
Jackson Street provides easy access to much of the city’s natural beauty. Jackson Street is just a short walk from
the incredible dining, retail and entertainment options offered on Fillmore Street and Sacramento Street. Due to
Pacific Height’s northern location within San Francisco (a walk score of 90), residents can enjoy Crissy Field, The
Palace of Fine Arts, Fort Mason and views of the iconic Golden Gate Bridge.
3038-3040 Jackson Street is a six unit, turn of the century style apartment building, comprised of 1 One-Bedroom
unit, 2 Two-Bedroom units, 2 Three-Bedroom units and 1 Four-Bedroom unit. These larger units allow an excellent
opportunity for prospective investors to optimize the living space and achieve premium market rents. The present
ownership has remodeled some of the kitchens and bathrooms in the units. The building features, hardwood flooring,
large windows and high ceilings.
The soft story retrofit work is required by the City of San Francisco and the property is in the tier 3 category of the
ordinance. Permits have been filed in preparation for completion of a seismic retrofit prior to the September 15,
2019 deadline. The current owners have reinforced half of the foundation on the east side of the property but some
additional work is required to make the building compliant with the City of San Francisco Soft Story Ordinance.
3038-3040 Jackson provides an investor the opportunity to add value through slight remodels and building improvements
– increasing cash flow and equity growth while owning an asset in well-esteemed Pacific Heights.
Property ideal for families, roommates and potential TIC conversion or conversion to a single family residence.

Property Details

  • 11/22/2018
  • 3038-3040 Jackson Street, Baker Street, San Francisco, CA 94115