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October 3, 2014

Noe House + Income Unit = Cool Investment


The Victorian two-unit building with an unwarranted studio at 676 San Jose in Noe Valley is the perfect choice for buyers looking for a spacious single-family home. Because not only do you get a 4BR/2BA house with fabulous Victorian detailing throughout,but you also get a legal 2BR/1BA apartment downstairs and an uwarranted studio that’s great for guests, home office or au pair. I’ll be hosting an open house at 676 San Jose this Sunday from 2:00-4:00.

The front porch entry to the main house is quite striking, and the open dining/kitchen area lead out to a side deck and garden. Upstairs are three large bedrooms and lots of natural light. The 2BR lower unit has its own entrance at 1 Valley, and is currently tenant occupied until November. The studio is vacant.

In its past incarnation, 676 San Jose was a 2BR/1BA house with a huge basement. The property was sold for $875,000 in 2005, and the next owners embarked upon a major renovation in 2006. They expanded the main house, added the second unit and studio, and sold the property in 2011 for $1,610,000.

The current owners have maintained the property well, and are ready to hand 676 San Jose over to buyers who will appreciate the space, convenient location and ability to offset the mortgage payments with income from the apartment. List price is $2,495,000.

Stop in and see me on Sunday from 2:00-4:00!

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