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February 24, 2012

Just Sold: 4150 20th Street in Eureka Valley

4150_20th

My clients just purchased this Victorian two-unit building at 20th and Hartford, in the heart of Eureka Valley. The property has a main level with two bedrooms, formal dining room and eat-in kitchen, and connects to the bonus carriage house studio at the rear that has its own kitchen area and bathroom (with garage below).

The lower unit is a spacious one bedroom with full kitchen and bath. The seller took meticulous care of the property and restored many of the details over many years. All units were sold vacant, providing a nice opportunity to rent the one -bedroom unit at market value.

4150 20th Street is a good example of a property that is great for an owner occupier who can also benefit from an income unit downstairs. Depending on the variables involved, not every building is appropriate for this sort of scenario. If you or anyone you know may be interested in such a purchase, please contact me. I’d be happy to help!

Listed at $1,495,000, 4150 20th Street closed at $1,425,000.

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