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33 photos
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$7,295,000
Est. payment /mo
6,621 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82063777
HOA Y/N No
Year Built 1924
Annual Tax Amount $70,883
Lot Size 6,621 Sqft
Property Description
33 apartments in a four-story elevator building in the Tenderloin, built in 1924: 24 junior one-bedrooms, 7 studios and 2 two-bedrooms in about 16,768 SF on a 6,614 SF lot. About 80% of units have been renovated, and the building sits on a new concrete perimeter foundation. Units offer hardwood floors, tiled kitchens and baths, walk-in closets and, in most, bay windows. Lobby with stone floors, courtyard, laundry room, storage and a double garage that brings in parking income. Gas and electric are separately metered. Market rents run about 32% above in-place rents. Walk to Union Square, Civic Center, Van Ness and Mid-Market employers, with Muni and BART close by. 6.92% current cap; 8.86% pro forma cap. Motivated ownership: all offers reviewed; Q4 2026 close preferred.
Location
State CA
County San Francisco
Zoning RC4
Interior
Fireplace No
Exterior
Utilities Available Other
Roof Type Other
Building
Water Other
Schools
School District San Francisco Unified
Others
Tax ID 0321032
Special Listing Condition Standard
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Listed by Alina Siert KW Advisors #01893238
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