Gillian Toboni Presents
Exceptional Investment Building
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$2,390,000
1287-1291 3rd Avenue
All Property Photos
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Property Details
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beds
5
baths
4
interior
4,290 sq ft
neighborhood
Inner Sunset
This beautifully preserved 3-unit building is located in the highly sought-after Inner Sunset neighborhood and a stones throw away from Cole Valley and UCSF Parnassus. Built in 1907, this gorgeous triplex offers a perfect blend of classic charm and modern updates. While still retaining its historic character, it now benefits from key improvements, including a new roof (2022), reinforced foundation (2009) and updated bathrooms (2023). Each of the three units boast functional layouts, an abundance of natural light and above market rate rents, making this trophy building ideal for investors.
The property features three separate units: The upper unit (1287) consists of 2 Bedrooms, 2 Bathrooms, Formal Living Room, Formal Dining Room, Office, Kitchen and in-unit Washer and Dryer. The middle unit (1289) features 2 Bedrooms, 1 Bathroom (updated), Formal Living Room, Formal Dining Room, Kitchen, in-unit Washer & Dryer as well as 1 Car Parking. The lower unit (1291) features a spacious 1 Bedroom, 1 Bathroom (updated), full Kitchen, Breakfast Nook, large walk-in Closet and in-unit Washer & Dryer. Additional highlights include a charming backyard that can be accessed by all units, a one-car garage and multiple, generous storage spaces.
The vibrant Inner Sunset neighborhood is home to a variety of shops, restaurants and cafes. Within walking distance to Golden Gate Park, Mount Sutro, The Panhandle, this stunning property is just steps away from all that San Francisco has to offer.
*Seller is a licensed Realtor.
The property features three separate units: The upper unit (1287) consists of 2 Bedrooms, 2 Bathrooms, Formal Living Room, Formal Dining Room, Office, Kitchen and in-unit Washer and Dryer. The middle unit (1289) features 2 Bedrooms, 1 Bathroom (updated), Formal Living Room, Formal Dining Room, Kitchen, in-unit Washer & Dryer as well as 1 Car Parking. The lower unit (1291) features a spacious 1 Bedroom, 1 Bathroom (updated), full Kitchen, Breakfast Nook, large walk-in Closet and in-unit Washer & Dryer. Additional highlights include a charming backyard that can be accessed by all units, a one-car garage and multiple, generous storage spaces.
The vibrant Inner Sunset neighborhood is home to a variety of shops, restaurants and cafes. Within walking distance to Golden Gate Park, Mount Sutro, The Panhandle, this stunning property is just steps away from all that San Francisco has to offer.
*Seller is a licensed Realtor.
Monthly Rents
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1287 3rd Avenue (Top Unit)
- 3 Bedroom, 2 Bathroom, Kitchen, Office, Formal Dining Room, Formal Living Room, Washer and
Dryer, Access to shared Backyard
Monthly Rent: $5,700
1289 3rd Avenue (Middle Unit)
- 2 Bedroom, 1 Split Bathroom, Kitchen, Formal Dining Room, Formal Living Room, Washer and
Dryer, Access to shared Backyard, 1 Car Garage Parking (currently using as storage)
Monthly Rent: $5,300
1291 3rd Avenue (Lower Unit)
- 1BD/1BA/Walk-in Closet/ Breakfast Nook/Washer & Dryer, Access to Shared Backyard
Monthly Rent: $2,845
Storage Unit 1
Monthly Rent: $400
Storage Unit 2
Monthly Rent: $400
Total Monthly Rents: $14,645.00
- 3 Bedroom, 2 Bathroom, Kitchen, Office, Formal Dining Room, Formal Living Room, Washer and
Dryer, Access to shared Backyard
Monthly Rent: $5,700
1289 3rd Avenue (Middle Unit)
- 2 Bedroom, 1 Split Bathroom, Kitchen, Formal Dining Room, Formal Living Room, Washer and
Dryer, Access to shared Backyard, 1 Car Garage Parking (currently using as storage)
Monthly Rent: $5,300
1291 3rd Avenue (Lower Unit)
- 1BD/1BA/Walk-in Closet/ Breakfast Nook/Washer & Dryer, Access to Shared Backyard
Monthly Rent: $2,845
Storage Unit 1
Monthly Rent: $400
Storage Unit 2
Monthly Rent: $400
Total Monthly Rents: $14,645.00
Projected Rent Roll
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Projected Rent Roll October 2024 - September 2025
Total Income: $175,740.00
Expenses
- Garbage $1,475.00
- Water $3,575.00
- Government $600.00
- Insurance $4,500.00
- Maintenance $1,500
Total Expenses: $11,650.00
Earnings Before Interest and Property Tax $164,090.00
Total Income: $175,740.00
Expenses
- Garbage $1,475.00
- Water $3,575.00
- Government $600.00
- Insurance $4,500.00
- Maintenance $1,500
Total Expenses: $11,650.00
Earnings Before Interest and Property Tax $164,090.00
Floor Plans
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about this
Neighborhood
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Gillian Toboni
TOBONI & CO.
Get In Touch
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Gillian Toboni