Offered at: $2,995,000 : Sold for $2,700,000
If opportunity doesn't knock, build a door. Milton Berle
To plant a garden is to believe in tomorrow... Audrey Hepburn
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 professionals, paying market rate rent.