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$ 1,950,000
Est. payment | /mo
3,928 SqFt
$ 1,950,000
Est. payment | /mo
3,928 SqFt
Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 3,928 sqft
Price per Sqft $496
Subdivision Mission
MLS Listing ID 41146945
HOA Y/N No
Year Built 1925
Lot Size 3,449 Sqft
Acres 0.08
Property Sub-Type Apt Complex
Property Description
Rare six-unit multifamily building on a prominent corner in the heart of the Mission District. The +/-3,928 SF property is comprised of four studios and two one-bedroom, one-bath units, each featuring hardwood floors, high ceilings, walk-in closets, French doors and original period millwork. Three garages provide off-street parking for four vehicles — an uncommon amenity in this neighborhood — along with an on-site laundry room, private outdoor space and a mature landscaped garden. Currently producing $164,484 in annual gross income at a 5.4% cap rate, with long-term income growth potential as units turn to market over time. Located one block from the 24th Street corridor and its restaurants, cafes, bakeries and local grocers; steps to the Balmy Alley murals and Garfield Square Park; and a short walk to 24th St Mission BART and multiple Muni lines. A well-located, amenity-rich asset in one of San Francisco's most supply-constrained rental submarkets.
Location
State CA
County San Francisco
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Linoleum, Tile
Fireplace No
Exterior
Exterior Feature Garden
Utilities Available Individual Gas Meter
Total Parking Spaces 3
Building
Lot Description Corner Lot, Level
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 6515 014A
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Listed by Kyle Pasiecznik • Starboard Commercial
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