House San Francisco (United-States) Price: $ 3,590,000 USD
  • Euro (€ EUR)
  • American Dollar ($ USD)
  • British Pound (£ GBP)
Bedrooms 33  Bathrooms 11  Land 243 m2

Opportunity knocks! PRICE DROP! Distinctive 34-unit with full basement building with pride of ownership and great tenant profile. This mixed-use south of Market property combines opportunity and upside. Commercial units NOW FULLY LEASED! An attractive option for investors looking for a balanced steady income producing asset. 32 Residential dorm-style single room occupancy (SRO) Units. Most rooms upgraded with tons of opportunity for additional upgrades. Three floors of units— each floor is complete with shared bathroom and showers. Two commercial units: commercial unit (#66) leased to Thrasher Skateboard Company, $200k in upgrades; commercial unit (#68) leased to corner grocery store business, $400k in upgrades including ADA compliant bathroom. Full basement (vacant) with usage TBD. Excellent standard of building maintenance. Also well managed. Great addition to any property portfolio. A true must see. Don't miss this opportunity! CAP Rate NOW 4.72% and GRM NOW 14.20 ; Pro Forma CAP Rate 8.51 and GRM 9.27. Dynamic SoMa location on 6th! Corner building near downtown. Shopping, BART, MUNI, cafes, restaurants, night spots, social services all here. Immersed in many NEW buildings and neighborhood features. Opportunity to create a trophy building.

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Advertiser reference: GYQ52K - Le Figaro Properties reference: 66085426

In detail

    • Surface N/A*
    • Rooms N/A*
    • Bedrooms 33
    • Land 243 m2
    • Construction 1910
    • Parking N/A*
    • Bathrooms 11
    • Toilets N/A*
    • Exposure N/A*
    • Heating N/A*
    • Kitchen N/A*
    • Property tax N/A*
  • Energy Performance Certificate

    Information not provided by the advertiser

    *GreenHouse Gas emission

    Information not provided by the advertiser

* Information not provided by the advertiser

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House San Francisco (United-States)

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Malin P. Kansal MBA Golden Gate Sotheby's International Realty 360 Primrose Rd.
94010 Burlingame (United-States)
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