Property Overview:
69-71 Cervantes Blvd is a duplex located in the Marina District of San Francisco, CA, built in 1927. It features two units:
- Top unit: 3 bedrooms, 1 remodeled bathroom, large kitchen with sub-zero appliances, living room with a wood-burning fireplace, and a formal dining area.
- Bottom unit: 2 bedrooms, 1 bathroom, living room with a fireplace, and a formal dining room.
The property includes a 4-car garage, storage area, and a private backyard. The estimated home value is $2,242,000.
Neighborhood Highlights:
-
Prime Location:
Steps from Chestnut Street, Marina Green, and close to the Waterfront, Beach, and Pacific Heights.
Surrounded by fine dining, shopping, and offers convenient downtown access. -
Crime Rate:
- Personal crime risk: 23% (higher than state average of 11.8%).
- Property crime risk: 31.6% (higher than state average of 10.8%).
-
Schools:
Nearby schools include Marina Middle, Lilienthal (Claire) Elementary, and Galileo High.- Average SAT score: 874 (below state average of 975).
-
Job Market:
- 79.9% white-collar jobs, 20.1% blue-collar jobs.
- Unemployment rate: 2.6% (lower than state average of 4.7%).
-
Demographics:
- Community population: 19,665 (decreased by 2% since 2000).
- 31% families with children.
- Largest age group: 25-34 years (34.49%).
-
Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 47.7°F (January), 65.7°F (July).
- Average rainfall: 22.1 inches/year.
- Average snowfall: 0 inches/year.
-
Cost of Living:
- Median household income: $109,204.
- Average annual spending: $71,594.
Property Features:
- Classic and modern design:
- Tall windows for natural light.
- Solid oak hardwood floors, fireplaces, and sconces.
- Washer and dryer in each unit.
- Expansion potential: Zoned RH-3 with opportunities to expand the building.
- Private backyard: Ideal for relaxation and recreation.
- Parking: 4-car garage and additional storage space.
Location Benefits:
- Located in the coveted Marina District, offering a vibrant lifestyle with proximity to parks, beaches, and urban amenities.
- Great investment opportunity: Owned by the same family for over 50 years, offering income potential and room for expansion.