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Listed by Becky Layton Compass
$1,400,000
Est. payment /mo
3 Beds
4 Baths
2,600 Sqft Lot
OPEN HOUSE
Thu May 01, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 425032273
Bedrooms 3
Full Baths 4
HOA Y/N No
Year Built 1945
Lot Size 2,600 Sqft
Acres 0.0597
Property Sub-Type Quadruplex
Property Description
Investor Opportunity - Inner Mission Gem - Renovated 4-Unit w/ 5.49% Cap Rate! This professionally managed, well-maintained 4-unit building features one VACANT unit and a strong rental income stream. The property includes one 1BD + office/1BA, two 1BD/1BA units, and one studio, 3 with adjacent decks. All units were extensively renovated in 2009 including kitchens, bathrooms and include wood floors, recessed lighting, double-paned windows, individual forced-air furnaces and water heaters. Shared amenities include a landscaped courtyard, large basement with laundry and storage rooms. Additional key capital improvements: sewer line replacement in 2020, exterior painted and wood repairs in 2023. Prime location near 24th St BART, 101 FWY, and endless restaurants and cafes. Walk Score 99, Transit Score 84, Bike Score 100. Total annual income: $112,229; expenses: $35,406; Cap Rate: 5.49%; GRM: 12.47. Price per unit: $350,000. Disclosure package available, including general inspection, structural pest report, tenant leases/notices, monthly and annual income/expense reports, invoice/receipts from completed work. Offer memorandum in attachment link.
Location
State CA
County San Francisco
Area Sf District 9
Rooms
Basement Full, Storage Space
Interior
Heating Central
Flooring Tile, Wood
Fireplace No
Appliance Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater, Microwave
Laundry Common Area
Building
Lot Description Shape Regular
Foundation Concrete Perimeter
New Construction Yes
Others
Tax ID 4206030
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