$1,678,000 Price Analysis   ♡   San Francisco, CA 94114 7 bed 0 bath 4,580 SqFt ($366/SqFt) 2,783SqFt lot. Built 1912 Listed 2024-05-10 | Ⓧ USDA Ineligible due to price & location near San Francisco |
Fabulous residential income property in excellent San Francisco Upper Market neighborhood location.
* Sale Pending *This is the best investment property in the Bay Area. These numbers do not lie with a stellar nine times Gross Rent Multiplier and a rich return of over $185, 000 a year in rental income. There are six stylish apartments and a bonus lower-level option for potential seventh apartment as an Additional Dwelling Unit.
All six apartments have been well maintained, professionally managed and are in good condition. Additionally, there is a lased coin operated washer/dryer in the common area laundry room, lots of owner storage rooms, one car garage and notable rental history depicting a low vacancy rate. This is your chance to make a GREAT return on a solid Upper Market residential i ncome location. This prime offering will not last long. A must see. Come see quick!
Presented by Kathleen Tostanoski at
Park North Real Estate.
Property MLS #424028752 from SanFrancisco
Basement Features: Full, Unfinished
Free Standing Refrigerator
Varies By Unit
Laundry Features: Coin Operated, In Common Area, Washer/Dryer Leased
Window Features: Varies by Unit
Lot Size Acres: 0.0639
Topography: Downslope
Lot Size Square Feet: 2783
Parking Total: 1
Other Equipment: Varies by Unit
Security Features: Varies By Unit
Calculated Total Monthly Association Fees: 0
Number of Studio Units: 1
Number of 1 Bedroom Units: 4
Number of 3 Bedroom Units: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Description: Currently 2 tenants, and a dog, lease from 1993- $1320. month to month
Unit-2 Description: Currently 1 tenant, lease from 2021
Unit-3 Description: Currently 3 tenants, lease from 2022
Unit-4 Description: 3383 Market 2023-$3600- 3385 Market lease 2020- $2000 w/dog -3387 Market lease 2016 w/garage $4200
Unit 1 Total Actual Rent: 1320
Unit 2 Total Actual Rent: 1950
Unit 3 Total Actual Rent: 2400
Unit 4 Total Actual Rent: 3600
Tenant Pays: Rent Only
County: San Francisco
Cross Street: Short
Directions: Property is located on Southeast side of Market Street Between Short Street and Mono Street BEST Access Short Street via Yukon St. Look for parking BEFORE arriving on Market
Source Property Type: Residential Income
Area: SF District 5
Source Neighborhood: SF District 5
Property Subtype: 5 or More Units
Source System Name: C2C
$1,678,000
SanFrancisco
Year Built: 1912
Construction Materials: Stucco, Wood
Levels: Three
Property Age: 112
Property Condition: Updated/Remodeled, Varies by Unit
Roof: Composition
Levels or Stories: 3
Structure Type: Apartments
Elevation Units: Feet
Architectural Style: Edwardian
Electric
Natural Gas Connected
Water Source: Meter on Site, Public
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.