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SOLD

A Magnificent Investment Opportunity

Sold $2,700,000

walk through

Video Tour

About this home's

Features

beds

3

baths

3

Interior

3

Lot

3

"If opportunity doesn't knock, build a door."

Milton Berle

 

"To plant a garden is to believe in tomorrow."

Audrey Hepburn 

SOLD

Each in their own way, the wisdom and sensibility of these two aphorisms best describe the opportunities and options presented by the very special property at 1916-1918 Ellis Street (between Beideman Street and Scott Street). This magnificent 1895 Victorian structure, and its 60’ x 77’ foot lot, are rife with possibilities. The 4,933 SqFt building (per tax records) consists of two full floor flats, plus a full floor garden unit. The +30 foot wide (+77 foot deep) open space to the east of the structure is perfectly suited to (a) building a door (or three), after completing a lot split* or (b) to planting a garden like no other… And perhaps even to doing both. 

 

One thing is for sure; very few properties in our beautiful City provide as much upside investment potential. 

 

For lovers of San Francisco’s most iconic Victorian era architecture, this particular block of Ellis, is a dream come true.  Just five blocks north of the City’s famed Alamo Square, the historic tree lined 1900-Block of Ellis is home to some of the most beautiful homes of the era.  And the flats at 1916-1918 Ellis Street have been lovingly remodeled to highlight the most attractive original features and designs of the 127 year old homes, while also making them perfectly functional for modern living.  

 

Each flat consists of three bedrooms and two bathrooms. They enjoy an abundance of natural light, and the floor plans flow well for the growing number of property owners and renters that work from home. 

 

The top floor flat will be delivered vacant, as will the unwarranted apartment on the garden level. 

 

The middle flat is tenant-occupied by a professionals, paying market rate rent. 

 

Please visit the property website, and then arrange to come visit in person. 

 

We welcome your call, so we can better describe at least some of the countless opportunities presented by this very special Property. 

 

*Please refer to the written legal opinions of land use attorney, Brett Gladstone, in the property disclosure package. 

 

get in touch

Schedule

Brokers Tour:
Tuesday, October 11th, 11:30-1pm

Additional Showings by Appointment with 24 hour notice:

Contact Steven Mavromihalis

(415) 999-1113
[email protected]

Contact Jessica Grimes
(415) 350-6669

[email protected]

 

Steven Mavromihalis

Compass

Broker Associate

DRE# 00888824

1.415.999.1113 mobile

www.StevenMavromihalis.com

Jessica Grimes

Compass

DRE# 02167172

1.415.350.6669 mobile

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Neighborhood Gallery

1916 - 1918 Ellis Street

In the center of San Francisco, you'll find the Western Addition, a diverse and dynamic urban neighborhood with a rich history that continues to evolve today. The wide variety of architectural styles and mixed-use buildings reflects the area's socio-economic diversity, as well as its multicultural past. At various times, this neighborhood has been a home base for many of the City's minority communities. Redevelopment in the 1960’s and 1970’s relocated many long-term residents of the Western Addition and saw the destruction of many of the area’s beautiful Victorian structures. Today, residents continue to see rapid and more positive changes on two of the neighborhood's busiest thoroughfares. Fillmore Street maintains its reputation as a jazz lover's paradise, with Yoshi's Supperclub at the heart of the action. And the famous Fillmore Auditorium continues to attract big-name acts from around the world. A few blocks west, the stretch of Divisadero that runs near neighboring Alamo Square is fast becoming a draw for all of San Francisco, with a kaleidoscopic selection of restaurants, bars, shops, and galleries. Stroll over to neighboring NOPA to check out the latest hot spots there as well. Several times a year, the Divisadero Merchants Association hosts a popular art walk. Getting to and from the Western Addition is particularly easy for public transit commuters, with several bus lines serving the neighborhood. Frequently warm and sunny, it's a pleasure to stroll through the area as well, whether headed to Kimbell or Jackson Square Playground, one of two Farmer's Markets in the area or just over Geary Street to visit nearby Japantown and Lower Pacific Heights.