Located in the heart of the vibrant Mission District, this a stunning top-floor home perfectly suited as a pied-a-terre or cozy retreat from the bustling Mission.
Recently re-built, this home features an open floor plan lit by skylight with views of Twin Peaks.
The remodeled kitchen includes a breakfast bar that opens into the living area, both with soaring ceilings.
The expansive bedroom features a view of Twin Peaks and wall-to-wall closet while the bathroom is remodeled with on-trend finishes.
Gas and baseboard heating along with a laundromat in the first floor of the building.
No other location can beat the proximity to Taqueria El Farolito, Dynamo Donuts, Philz Coffee, the newly renovated Garfield Square and recreation center and more.
TIC (Tenancy in Common, more info below), fractional ownership with a $180.
00 monthly HOA (Home owners association) fee.
The property currently has short-term tenants paying $2395 per month.
Peter "Property Pete" Redmond
DRE# 01350020
Broker BPO Homes DRE #02190813
TIC (Tenancy in Common) Info:
https://www.
investopedia.
com/terms/t/tenancy_in_common.
asp
1.
Tenancy in Common (TIC) is a type of co-ownership where two or more people co-own a parcel of real estate without giving each other "right of survivorship".
2.
Co-owners can own unequal percentages and can choose who will inherit their shares upon death.
3.
TIC allows multiple buyers to purchase a single property at once, making owning a home cheaper for some, but could also lead to evictions and displacement.
4.
TIC is one of three types of shared ownership, and each independent owner may control an equal or different percentage of the total property, whether commercial or residential.
5.
TIC loans are limited by complexities, and banks and other lenders cannot resell them.