Potential and Opportunity Knock: 120–122 Scott Street is a superb, two-unit building with fantastic location that’s been updated and is turn-key ready. This is a mid-century, circa 1959 building that is also 100% vacant with no eviction history nor recorded buyout history. There’s side-by-side, independent, garage parking for each unit and because of the way street parking works you get an additional 2 street parking spaces to use. The property’s location is unbeatable with easy access to the Haight and Castro, the N-MUNI line, 101 and Duboce Park. Each updated flat has 2 bedrooms with large closets and big windows overlooking a quiet back yard. Each unit also has one full bath with separate tub and shower as well as an open dining + living area next to a large kitchen.
Recent improvements include a brand new roof, new paint inside and out, new exterior dual-pane windows throughout, new backyard sod w/irrigation, electrical upgrades, updated bathrooms, and new LED lighting as well as a new hallway skylight. There are separate gas, water + electric meters. There’s additional unwarranted living space behind garage with a 1/2 bath. The property is an excellent rental investment opportunity or a great 2-unit property where 2 owners should be able to bypass the (suspended) lottery condo conversion process.
Each unit is turn-key ready, quiet and bright. There are, however, a set of architect-drawn conceptual plans to combine the ground floor space with the lower unit and to add more living space and master en suite baths to both units. The plans were never submitted but are available for review. There are few if any 2-unit buildings that come to market near here much less ones with parking and that are vacant.
The usual fine print (and it’s quite fine indeed). Vanguard Properties, Kevin Ho and Jonathan McNarry believe the information presented here to be reasonably accurate and correct but we cannot warrant nor guarantee it as such. Nor can Vanguard and its agents guarantee the work and product of others relating to the Property. As with all things real estate, buyers, their agents and representatives should — and must — conduct their own independent investigation, research and analysis relating to the Property to their own satisfaction before proceeding with a purchase. Moreover, certain regulations, laws, ordinances and local practice and custom may apply. It’s always best to educate yourself so you can make the most informed decisions possible.