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Listed by Susie Lee Compass
$ 2,950,000
Est. payment | /mo
5 Beds
3,489 SqFt
$ 2,950,000
Est. payment | /mo
5 Beds
3,489 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,489 sqft
Price per Sqft $845
MLS Listing ID 424054781
Bedrooms 5
HOA Y/N No
Year Built 1955
Lot Size 2,160 Sqft
Acres 0.0496
Property Description
Pacific Heights, Trophy 5-unit Multifamily investment property! Excellent $207,624 annual gross income with 5.41% cap rate that offers strong cash flow and long-term appreciation in San Francisco's most desirable neighborhood. Tenants are highly cooperative, easy to manage, and pay market rent. Major building renovations include: Seismic retrofit, fire alarms, fire sprinklers, upgraded electrical panels, security surveillance cameras, lighted pathways with sensors, and epoxy paint coated on exterior walkways. All of the units have undergone extensive renovations, including: upgraded kitchen and bathrooms, stainless steel appliances, and several new furnaces and water heaters. Notable building features include 2 car garage parking (currently 1 vacant), storage room, separate electrical and gas meters, individual water heaters, and common laundry. The ground floor unit enjoys a private backyard with recently installed wood fencing, white landscaping marble rocks, and solar lights. Value-add potential to build a rooftop deck with gorgeous water, bridge, and mountain views! Walking distance to Lafayette Park, Whole Foods, Marina, and Fillmore/Union Streets, tenants enjoy easy access to shopping, dining, and public transportation. Don't miss this rare opportunity!
Location
State CA
County San Francisco
Area Sf District 7
Interior
Fireplace No
Window Features Skylight(s)
Exterior
Garage Spaces 2.0
View Bay, City, Golden Gate Bridge, Marina, Ocean, San Francisco, Water
Parking Type Attached, Garage, Side By Side
Total Parking Spaces 2
Building
Lot Description Garden, Private
New Construction Yes
Others
Tax ID 0592004
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