Bonnie Spindler Presents

1892 Investment Victorian

391-393 30th Street, San Francisco

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$1,399,000

Property details

Bedrooms 8
Bathrooms 6
Square Feet 4,251 sq ft
Neighborhood Noe Valley

1892 Investment Victorian

The promise of free land and bountiful resources drove people west more than the promise of freedom. Land and real estate, create wealth and upward mobility. Yerba Buena, as San Francisco was known during the Mexican Land Grant era, was barely 200 souls. The land where Noe Valley is today was named after the last Mayor (Alcalde) of Yerba Buena, Jose de Jesus Noe who owned the area as part of his Rancho San Miguel. Jesus Noe sold the land to John Meirs Horner in 1854. The area had two quarries until 1914. For tax purposes, the neighborhood is still called Horner’s Addition. Horner named a street after his wife, Elizabeth, and Jersey after the state where he was born. The area was populated with working-class people. Noe Valley is where the blue-collar laborers lived while they built San Francisco. 30th Street is the southernmost in Noe Valley. It benefits from Twin Peaks blocking the fog, so is known for warmer weather. 393-391 30th was built in the middle of the Victorian era, 1892. Leonard Haas constructed 30th as a single-family residence over a store. Recently, a second structure was created behind the Victorian consisting of a two-story home with a roof deck. The homes are as much investment property as they are a valuable piece of Noe Valley History. Currently, the store is vacant. It has an entrance to the street and one to the internal alley of the building. It has a kitchen, a full bathroom, and a loft. Above the store is a two-story apartment with internal and external stairs attaching the two floors. Each floor is currently rented to different tenants. The second floor has a living room, dining area, and three bedrooms wit h one full bathroom. The third floor has one bedroom, a galley kitchen area, and a sitting room. Behind the Victorian is a new construction apartment. It also is two stories with four bedrooms and two and a half bathrooms. On the roof is a four-season deck with all-day sun. Without the store income, the building generates $85,439.52. There may be banked increases.  Don't miss out on this Victorian ​beauty with income and upside.

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Neighborhood

With Karl the Fog blanketing most of San Francisco, Noe Valley is a sunny exception.This is mostly thanks to the neighborhood’s location below Twin Peaks and Glen Ridge; both of these hills help keep Karl at “bay,” which allows Noe Valley residents to enjoy more sunny days than normal. Real estate in Noe Valley ranges from spacious condos to quaint row houses with fully upgraded interiors. Compared to other San Francisco neighborhoods, prospective residents are often amazed at the large floor plans available here.

If you have been searching for a neighborhood that is both centrally-located and commuter-friendly, Noe Valley is a great place to call home. You can take a short walk to Church Street and catch the Muni J train and be at Google headquarters in 45 minutes or less. Noe Valley is also near several bus lines and major highways, which makes it easy to travel down the street or all the way to Silicon Valley.

Mission Dolores Park sits right on the northern edge of Noe Valley and is a popular place for locals who love the outdoors. Amenities include two off-leash dog areas, a variety of different sports fields/courts, and a playground for the little ones. Dolores Park is also home to many festivals and live performances, so you never know what may be in store for you here!

The local food scene in Noe Valley is incredibly popular with neighborhood residents, commuters, and tourists alike. Whole Foods is one of the nation’s most popular grocery stores, and a great place to keep your fridge and pantry stocked with high-quality organic foods. However, when locals want to enjoy a meal away from home, Toast Eatery, Patxi’s Pizza, and The Little Chihuahua are a few popular hot spots. 

If you love to visit farmers’ markets, the Noe Valley Farmers Market is held every Saturday from 8am to 1pm. Featuring local and organic meats, produce, dairy and other goods, this is a Farmers Market you will want to visit time and time again.
Agent avatar image

Bonnie Spindler

Corcoran Icon Properties

REALTOR®

DRE:
#01175723
Cell:
415.706.6660

www.BonnieSpindler.com

The Victorian Specialist

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