Property Overview:
268-272 Fair Oaks St is a multi-family property located in San Francisco, CA, built in 1900. It features a 3-bedroom flat, two studio units, and a basement for office or storage. The property spans 2,068 sq. ft. on a 3,641 sq. ft. lot and includes 3 uncovered parking spaces. The estimated home value is $2,423,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 19.7% (higher than state average of 11.8%).
- Property crime risk: 15% (higher than state average of 10.8%).
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Schools:
Nearby schools include Thomas Edison Charter Academy, Lick (James) Middle, and Mission High.- Average SAT score: 874 (below state average of 975).
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Job Market:
- 50.4% white-collar jobs, 49.6% blue-collar jobs.
- Unemployment rate: 5.9% (higher than state average of 4.7%).
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Demographics:
- Community population: 78,833 (7% growth since 2000).
- 52% families with children.
- Largest age group: 25-34 years (24.98%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 48.2°F (January), 63.1°F (July).
- Average rainfall: 21.8 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $55,437.
- Average annual spending: $45,965.
Property Features:
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3-unit building:
- Two upstairs studios with full kitchens, bathrooms, wall heaters, and access to an outdoor deck.
- 3-bedroom flat on the first floor with a full kitchen, bathroom, spacious living room, and access to a backyard.
- Basement with front and back doors, suitable for office or storage.
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Parking:
- 3 uncovered parking spaces in the backyard.
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Lot size: Larger-than-average 116’ by 31’, offering expansion potential.
Location Benefits:
- Situated in Noe Valley, one of San Francisco’s most desirable neighborhoods, near Dolores Heights.
- Walking distance to 24th St. shops, including coffee shops, restaurants, banks, clothing stores, Whole Foods, and local businesses.
- Commuter-friendly: Easy access to freeways (101, 280, 80) and downtown San Francisco.
Investment Opportunity:
- All units will be delivered vacant at close of escrow, ideal for owner-occupiers, developers, or investors.
- HUGE PRICE IMPROVEMENT: Property will be sold “as is”, presenting significant potential for upgrades or redevelopment.