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3763 Cesar Chavez

Neighborhood

Features

Six 1 bedroom, 1 bath units, two with private decks at the rear
Built in 1911; oversized lot 3419 square feet (per tax records)
Cap rate projected at 4.2%, GRM projected at 17
All units have hardwood floors, period details and box beam ceilings
Top floor units boast lovely southern views and wonderful light
4+ car parking used only by Sellers
Expansive storage space and bonus rooms used only by Sellers
Handsome Edwardian façade
Good income with potential for additional parking rental income
Recently seismically retrofitted for soft-story compliance
Walkable to Church St. and 24^th St. shopping, restaurants and cafes
Easy access to public transportation and freeways

3763 Cesar Chavez is a trophy Edwardian building on an oversized lot in highly desirable Noe Valley. Constructed in 1911 per the tax records, the property boasts great character, southern views, and period details such as charming built-in benches in entry foyer of each unit and box beam ceilings. The entire building is fully tenant occupied with good income and potential for additional income from renting out the parking spaces (currently used only by the owners). All six units are 3-room flats (1 bedroom each) with hardwood floors, period details, box beam ceilings and built-ins. The lower flats feature decks off the rear; the upper units have gorgeous southern views and wonderful light.

The building enjoys great storage and workshop/ office rooms on the garage level for the owner to use and a huge rear carport for 4+ car parking. There is a common laundry room on the garage level for the tenants to use. The building has been well-maintained and was recently seismically retrofitted.

Ideally located in central Noe Valley, this beautiful property boasts a walkable location near public transportation as well as 24th St./Church St. shopping/cafes. Also enjoy easy freeway access.

Neighborhood

Noe Valley

Over the years, Noe Valley has become one of San Francisco's most coveted residential areas. Many of the Victorian and Edwardian homes in the area have been updated for modern living, and the area is very convenient for out-of-town and downtown commuters alike, with easy access to highways and the J-Church Muni Metro line. Twin Peaks rises high above the valley, blocking much of the fog that lingers in the city's Western neighborhoods; frequent sunny days make this a wonderful home for those who love socializing with their neighbors. 24th Street is the heart of the neighborhood, and here you will find friendly faces popping in and out of boutiques, restaurants, charming cafes, salons and a bevy of long-standing small businesses. Throughout San Francisco, this area is known as a popular place for both new parents and dog lovers to congregate - watch out for strollers and dog leashes while window-shopping! The inclusiveness of the neighborhood is bolstered by a number of community events, including a weekly farmers market and October's much looked-forward-to Harvest Festival. Of course, Noe Valley neighbors find reasons to gather every day -- whether at Douglass Park playground, the newly opened recreation center and dog run, or just out in front of one of the many coffee venues.

Floor Plans

>> Click Here to Download Floor Plans

Schedule

This property sold with multiple offers and more than 13% over the list price.

For questions, please contact Laura Kaufman, Zephyr Real Estate.

[email protected]

cell: 415-310-1256

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