1615 Oakdale Avenue, San Francisco, CA 94124, San Francisco, 94124 - 7 bed, bath
ACTIVE$1,598,888$3,500/sqft
1615 Oakdale Avenue, San Francisco, CA 94124
7Beds
0Bath
3,500Sqft
2,500Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3500, other record living area = 3000. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Compared to the nearby listings
Price:$1.60M vs avg $1.05M (+$548,888)67%
Size:3,500 sqft vs avg 2,187 sqft67%
Price/sqft:$457 vs avg $48033%
More Insights
Built in 1989 (37 years old).
Condition: The property, built in 1989, has undergone significant and recent renovations, particularly in the kitchens and bathrooms across all units. Kitchens feature updated white shaker-style cabinets, black countertops, and stainless steel appliances. Bathrooms boast modern vanities, updated light fixtures, and contemporary tiling in showers/tubs with glass enclosures. Flooring includes well-maintained hardwood, clean carpets, and modern laminate/LVP in the lower unit. While some light fixtures are slightly dated, the overall condition is move-in ready with no immediate renovations required, aligning with a 'good' rating, especially given the 'extensively renovated within 5 to 15 years' criteria.
Year Built
1989
Close
-
List price
$1.6M
Original List price
-
Price/Sqft
$457
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82031227
Home ConditionGood
Features
Deck
Patio
View-
About this home
Prime Three-Unit Multifamily Investment Opportunity with Solar Savings Discover this exceptional three-unit multifamily property, a fantastic investment opportunity with strong rental income and long-term tenants. The building features two spacious 3-bedroom, 2-bath units, each approximately 1,500 sq. ft., beautifully remodeled and well-maintained. The third unit is a charming 1-bedroom, 1-bath located downstairs. Adding to its appeal, this property has a solar panel system, helping lower operating costs and putting more money in the landlord's pocket. Tenants benefit from reduced utility expenses, making this an even more attractive rental option. Conveniently situated near major freeways and downtown, this property offers easy access to shopping, dining, and employment hubs, ensuring high demand and stable occupancy. With great income potential, energy-efficient savings, and an excellent location, this is an ideal investment for both seasoned and first-time investors. Don't miss out on this high-performing multifamily opportunity.
P
Paymon Ghafouri
Listing Agent
Nearby schools
1/10
Drew (Charles) College Preparatory Academy
Public,•K-5•0.2mi
2/10
Carver (George Washington) Elementary School
Public,•K-5•0.3mi
4/10
Malcolm X Academy
Public,•K-5•0.6mi
6/10
Taylor (Edward R.) Elementary School
Public,•K-5•1.0mi
3/10
Harte (Bret) Elementary School
Public,•K-5•1.1mi
6/10
King (Starr) Elementary School
Public,•K-5•1.3mi
2/10
El Dorado Elementary School
Public,•K-5•1.4mi
4/10
Bryant Elementary School
Public,•K-5•1.4mi
2/10
Flynn (Leonard R.) Elementary School
Public,•K-5•1.5mi
2/10
Fairmount Elementary School
Public,•K-5•1.9mi
1/10
Mission Education Center
Public,•K-5•2.2mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•3.8mi
/10
Chinese Education Center
Public,•K-5•4.2mi
6/10
San Francisco Public Montessori School
Public,•K-5•4.6mi
3/10
King Jr. (Martin Luther) Academic Middle School
Public,•6-8•0.9mi
2/10
Revere (Paul) Elementary School
Public,•K-8•1.2mi
3/10
Visitacion Valley Middle School
Public,•6-8•1.8mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•2.0mi
3/10
San Francisco Community Alternative School
Public,•K-8•2.3mi
3/10
Bayshore Elementary School
Public,•K-8•2.4mi
3/10
Lick (James) Middle School
Public,•6-8•2.4mi
3/10
Garnet J. Robertson Intermediate School
Public,•5-8•2.7mi
4/10
Everett Middle School
Public,•6-8•2.8mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•3.0mi
6/10
Rooftop Elementary School
Public,•K-8•3.2mi
6/10
Aptos Middle School
Public,•6-8•4.1mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•4.6mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•5.5mi
9/10
Lawton Alternative Elementary School
Public,•K-8•5.6mi
2/10
Marshall (Thurgood) High School
Public,•9-12•0.6mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•1.2mi
2/10
S.F. International High School
Public,•9-12•1.7mi
1/10
Downtown High School
Public,•9-12•1.9mi
2/10
Jordan (June) School For Equity
Public,•9-12•2.1mi
3/10
O'connell (John) High School
Public,•9-12•2.1mi
3/10
Mission High School
Public,•9-12•2.7mi
7/10
Balboa High School
Public,•9-12•2.8mi
6/10
Academy Of Arts And Sciences
Public,•9-12•3.3mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•3.3mi
2/10
Wells (Ida B.) High School
Public,•9-12•3.7mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•4.3mi
4/10
Jefferson High School
Public,•9-12•4.8mi
7/10
Lincoln (Abraham) High School
Public,•9-12•5.0mi
10/10
Lowell High School
Public,•9-12•5.0mi
8/10
Galileo High School
Public,•9-12•5.1mi
7/10
Westmoor High School
Public,•9-12•6.2mi
7/10
Washington (George) High School
Public,•9-12•6.3mi
7/10
Oceana High School
Public,•9-12•8.5mi
6/10
Terra Nova High School
Public,•9-12•10.9mi
Price History
Date
Event
Price
10/06/15
Sold
$1,075,000
Condition Rating
Good
The property, built in 1989, has undergone significant and recent renovations, particularly in the kitchens and bathrooms across all units. Kitchens feature updated white shaker-style cabinets, black countertops, and stainless steel appliances. Bathrooms boast modern vanities, updated light fixtures, and contemporary tiling in showers/tubs with glass enclosures. Flooring includes well-maintained hardwood, clean carpets, and modern laminate/LVP in the lower unit. While some light fixtures are slightly dated, the overall condition is move-in ready with no immediate renovations required, aligning with a 'good' rating, especially given the 'extensively renovated within 5 to 15 years' criteria.
Pros & Cons
Pros
Great Schools: Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Multifamily Investment Opportunity: This is an exceptional three-unit multifamily property, explicitly highlighted as a prime investment opportunity with strong rental income potential.
Stable Occupancy & Income: The property boasts strong rental income and benefits from long-term tenants, indicating stable occupancy and reliable cash flow.
Energy Efficiency: Equipped with a solar panel system, the property offers reduced operating costs for the landlord and lower utility expenses for tenants, enhancing its appeal and profitability.
Remodeled & Well-Maintained Units: Two of the three units are spacious (approximately 1,500 sq. ft. each) 3-bedroom, 2-bath units that have been beautifully remodeled and are well-maintained, attracting quality tenants.
Excellent Location: Conveniently situated near major freeways and downtown San Francisco, providing easy access to shopping, dining, and employment hubs, which ensures high demand and stable occupancy.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3500, other record living area = 3000. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Building Age: Built in 1989, while units are remodeled, the overall building infrastructure is over 30 years old, which may lead to potential future maintenance or upgrade costs for core systems not covered by unit remodels.
Small Lot Size: The lot size of 2500 sqft for a triplex in a dense urban area like San Francisco is relatively small, potentially limiting outdoor space or future expansion possibilities.
San Francisco Rental Regulations: As a multifamily property in San Francisco, it is likely subject to stringent rent control and tenant protection laws, which could limit an investor's flexibility in rent increases and tenant management, especially with existing long-term tenants.