Five-Unit Apartment Building with
241 Upper Terrace San Francisco, CA 94117
241 Upper Terrace, San Francisco, CA, 94117
$3,950,000
For Sale
$3,950,000
Turn-key five-unit property with private decks and panoramic Bay views, backed by separately metered utilities and individual heating.
Days on Market48
Property Features for 241 Upper Terrace
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency
Compass San Francisco
(415) 516-9843
Listed by
Adam Filly · License #CalDRE #01354775
Source
Compass-cre
Added: Jun 2 Checked: Jul 17 at 3:04 am
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Investment Insights
Based on property information with market context.
241 Upper Terrace is a mid-century, five-unit apartment building presented in turn-key condition with strong pride of ownership. Each unit includes a private deck, and the property is designed around panoramic views spanning from Downtown toward the East Bay and beyond. The top floor features a recently remodeled 2 bed/2 bath penthouse, while the four remaining units are spacious 1 bed/1 bath apartments. There is also a vacant, unwarranted 1 bed/1 bath bonus unit that opens to a large deck and offers the potential for legalization, creating an additional value path for a new owner. At the rear of the building, tenants also enjoy a very large shared deck area. Parking is supported by a five-car garage with one space delivered vacant.
The building sits perched at the top of Ashbury Heights, creating the setting for postcard-style San Francisco Bay Area views from the comfort of home.
This is a compelling fit for investors or owner-operators seeking a low-maintenance multifamily asset with well-controlled expenses. Units are separately metered for gas and electricity, each has its own forced-air furnace, and there are separate hot-water heaters for improved operational efficiency. With a mix of established 1 bed/1 bath rentals, a remodeled penthouse, and the upside associated with the bonus unit, the property offers practical flexibility for long-term ownership.
The building sits perched at the top of Ashbury Heights, creating the setting for postcard-style San Francisco Bay Area views from the comfort of home.
This is a compelling fit for investors or owner-operators seeking a low-maintenance multifamily asset with well-controlled expenses. Units are separately metered for gas and electricity, each has its own forced-air furnace, and there are separate hot-water heaters for improved operational efficiency. With a mix of established 1 bed/1 bath rentals, a remodeled penthouse, and the upside associated with the bonus unit, the property offers practical flexibility for long-term ownership.
Key Highlights
- Five‑unit building with private decks and panoramic views of the San Francisco Bay Area, from Downtown to the East Bay and beyond
- Top floor recently remodeled 2 bed/2 bath penthouse with deck
- Four 1 bed/1 bath apartments plus a vacant unwarranted 1 bed/1 bath bonus unit, also with deck and panoramic views
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Blue Rescue Restoration ...
General Contractor
Terrace Biotech
Corporate Office
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FAQs
What type of property is this?
Apartment building - Turn-key five-unit property with private decks and panoramic Bay views, backed by separately metered utilities and individual heating.
Where is this apartment building located?
The property is located at 241 Upper Terrace San Francisco, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Five‑unit building with private decks and panoramic views of the San Francisco Bay Area, from Downtown to the East Bay and beyond; Top floor recently remodeled 2 bed/2 bath penthouse with deck; Four 1 bed/1 bath apartments plus a vacant unwarranted 1 bed/1 bath bonus unit, also with deck and panoramic views