232-234 Downey

June 2, 2021

Real Estate

 
232 – 234 DOWNEY ST.
 
Welcome to 232 & 234 Downey St. Located in the historical city of San Francisco. This once shining gem is now a diamond in the rough! Two spacious flats with high ceilings, open floor plans, and potential to the moon! Hardwood floors are in place, some attempt at renovation has been started but is entirely incomplete. The upper unit is two stories with more extensive renovation in process and also signs of water leakage and a litany of other major defects! Large basement area where space was once utilized (possible parking area as an option). Two gas and electric meters. The property is being sold through a court receivership process and there are many criteria to be eligible to offer. This is not a conventional or simple fixer-upper. The property will be heavily monitored by the City of San Francisco as well as all governing agencies so extensive experience is required in dealing with red tape and violations while renovating a property.
 

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